Later Career
After retiring from the military, Archer joined General Foods Corporation in White Plains, N.Y. where he became one of the first black corporate vice presidents of a major U.S. company. While there he also led its small-business investment subsidiary, North Street Capital Corporation, which serviced clients such as Essence Communications and Black Enterprise Magazine. In 1987 he helped establish the food conglomerate TLC Beatrice and in the same year founded the venture capital firm Archer Asset Management. Archer became a longtime resident of New Rochelle, New York.
In October 2005, Archer and two fellow Tuskegee veterans, retired Technical Sergeant George Watson Sr. and Master Sergeant James A. Shepherd, visited Balad Air Base at Balad, Iraq, to meet with 700 servicemen from the 332nd Air Expeditionary Wing, the successor unit to his all-black outfit.
"This is the new Air Force," he told The Associated Press. In the dining room, he said, he saw "black, white, Asian, Pacific Islanders, people from different parts of Europe. This," he said, "is what America is."
Read more about this topic: Lee Archer (pilot)
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