William Johnston Armfield

William J. Armfield
Born William Johnston Armfield IV
(1934-11-03)November 3, 1934
Asheboro, North Carolina
Died July 11, 2016(2016-07-11) (aged 81)
Richmond, Virginia
Nationality American
Other names Billy Armfield
Education Woodberry Forest School
Alma mater UNC Chapel Hill
Harvard University
Occupation textile business executive
philanthropist
Religion Episcopalian (formerly United Methodist)
Spouse(s) Merrie Haynes Walker (divorced)
Janie Hall
Children 9

William Johnston "Billy" Armfield IV (November 3, 1934 - July 11, 2016) was an American textile business executive and philanthropist.

Early life and education

William Johnston Armfield IV was born on November 3, 1934 in Asheboro, North Carolina to William Johnston Armfield III and Elizabeth Allen Armfield. His family were parishioners at West Market Street United Methodist Church.[1] He was educated at Woodberry Forest School in Virginia where he played football, golf, was captain of the varsity soccer team and a member of the German club and monitor board.[2] He graduated from Woodberry in 1952. Armfield served for two years in the United States Army before earning a bachelor of science degree in business administration from the University of North Carolina at Chapel Hill in 1956. He went on to receive a masters degree in business administration from Harvard University in 1962. In 2009 he was conferred with an honorary Doctor of Laws degree from the University of North Carolina at Chapel Hill.[3]

Career

Armfield began his career in the textile industry as the vice president for marketing at his father's company, the Madison Throwing Company in Madison, North Carolina. In 1970, he co-founded Macfield Texturing, Inc. with Dalton L. McMichael. Macfield Texturing would later merge with Unifi, for which Armfield were serve as executive officer and director from 1991 to 1995 and again as director from 2001 until his death in 2016. Armfield also served as the president of the American Textile Manufacturers Institute and as the president of the North Carolina Textile Manufacturers Association. In 1996, Armfield left Unifi and founded Spotswood Capital, a private investment firm in Greensboro, serving as its president until his death in 2016.[3][4]

Armfield served on the University of North Carolina's board of trustees from 1993 to 2001 and was the chairman of the board of trustees from 1995 to 1996. He also served on the University of North Carolina at Chapel Hill Board of Visitors, the Kenan-Flagler Business School Board of Visitors, the Jordan Institute Community Advisorty Board, and the University of North Carolina at Chapel Hill Foundation Board. He served as the national co-chair of the Bicentennial Campaign for Carolina from 1990 to 1995 and was an honorary member of the steering committee of the Carolina First Campaign. He served on the boards for the North Carolina Textile Foundation at North Carolina State University and Woodberry Forest School.[3]

Philanthropy

Along with his wife, Janie, Armfield was a major benefactor of the University of North Carolina at Chapel Hill Foundation, the College of Alis and Sciences, the School of Social Work, the UNC Medical Foundation, the Educational Foundation, the Sonja Haynes Stone Center for Black Culture and History, the Kenan-Flagler Business School, the School of Journalism and Mass Communication, and the Lineberger Comprehensive Cancer Center.[3] He was also a benefactor of St. Catherine's School in Richmond. In 1994, Armfield established the Armfield Scholarship Fund to promote racial and cultural diversity within the student body at UNC and to provide financial support to first-year students in need. In 2008, the Armfields, along with Sam and Betsy Reeves, launched the Armfield-Reeves Innovation Fund at the University of North Carolina at Chapel Hill.[5]

Honors, awards and namesakes

Personal life

Armfield was married to Merrie Haynes Walker, but later divorced. She died April 21, 1995.[8] Armfield later married Jane Hall. The family's main residence was in Richmond, Virginia. Armfield had nine children and stepchildren; William Johnston Armfield V, Adelaide Allen Armfield, Walker Armfield Wilson, William Claiborne Hancock,[9] James Cole Braxton Hancock, Caroline Carter Hancock Johnston, Alston Armfield Daigh, William Spotswood Armfield, Nicholas Cabell Armfield, and Olivia Corbin Armfield.[2]

He was a parishioner at St. Stephen's Episcopal Church in Richmond.[10]

An avid golfer, Armfield was a member of the Commonwealth Club, the Country Club of Virginia, and Richmond German in Richmond. He was also a member of the Everglades Club, the Bath and Tennis Club and the Seminole Golf Club in Florida, the Greensboro Country Club in North Carolina and the Oakland Club in South Carolina. As a resident of Figure Eight Island, he was one of the founders of the Eagle Point Golf Club in Wilmington, North Carolina.[11] He served as the Eagle Point Golf Club's president for ten years.[12]

Armfield died at his home in Richmond at the age of 81 on July 11, 2016.[13]

References

  1. ↑ "Area Deaths". The Palm Beach Post. 16 January 1997. Retrieved 18 August 2016.
  2. 1 2 "Woodberry Remembers William J. Armfield IV '52". Woodberry Forest School. Woodberry Forest School. 14 July 2016. Retrieved 18 August 2016.
  3. 1 2 3 4 "William Johnston Armfield IV - Doctor of Laws" (PDF). Office of Faculty Governance. University of North Carolina. 2009. Retrieved 18 August 2016.
  4. ↑ Capital IQ. "William J. Armfield IV". Bloomberg. Bloomberg L.P. Retrieved 18 August 2016.
  5. ↑ White, Susan (15 July 2016). "School remembers generous supporter William "Billy" Armfield". Contact Magazine. UNC School of Social Work. Retrieved 18 August 2016.
  6. ↑ "Armfield Atrium". UNC Gillings School of Global Public Health. UNC Gillings School of Global Public Health. Retrieved 18 August 2016.
  7. ↑ "Armfield, benefactor for Gillings School's atrium, dies at 81". UNC Gillings School of Global Public Health. UNC Gillings School of Global Public Health. 14 July 2016. Retrieved 18 August 2016.
  8. ↑ "OBITUARIES". News & Record. BH Media Group, Inc. 22 April 1995. Retrieved 18 August 2016.
  9. ↑ "Carter Hancock, Claiborne Johnston". The New York Times. The New York Times Company. 25 February 2011. Retrieved 18 August 2016.
  10. ↑ "ARMFIELD, WILLIAM JOHNSTON IV". Richmond Times-Dispatch. BH Media Group, Inc. 13 July 2016. Retrieved 18 August 2016.
  11. ↑ "Armfield IV, William Johnston". News & Record. Richmond, Virginia: BH Media Group, Inc. 14 July 2016. Retrieved 18 August 2016.
  12. ↑ Cunneff, Tom (2012). "Eagle Point Golf Club". Links Magazine. Retrieved 18 August 2016.
  13. ↑ "Farewell to a great friend". Higher Education Works. Retrieved 18 August 2016.
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