Timothy D. Armour is the new chief executive officer, chairman and the director of Capital Group Companies, Inc. He has also been bestowed the title of principle executive officer and the equity portfolio manager of the company. This happened after the company lost its current chairman Jim Rothenberg of heart attack. This was followed by the election of the new chairman who was elected due to its commitment and devotion to the company for more than thirty two years, always showing improvements.
Timothy graduated from Middlebury College, Vermont with a bachelor’s degree in economics. After which, he worked for Capital Group as a participant for the Associates Program in 1983. Tim has always been an ambitious student and employee. His hard work was rewarded then he was made an equity investment analyst. His career has always been a success as he was promoted to the position of the assistant chairman. All these experiences as an investment analyst and his commitment to his work and the company made the election go smoothly during his election for main reason that his talents had been recognized by his colleagues and the board.
With over 33 years experience in the investment industry, Tim Armour can be described as an expert. He points out that the economy of the United States is not growing as many would wish. There are still a few challenges the country faces and for that, the Federal Reserve is inclined to increase the interest rates in the coming days. This is fueled by the undue risks that investors are expected to face. In relation to this, Tim Armour advises managers and company chairs to show commitment to their companies. He believes that in so doing, they are at a better position to analyze and fully comprehend their companies and therefore invest the resources necessary to the opportunities that they are yet to unveil.
In 2015, the Capital Group and Samsung Asset Management, a SEOUL Based company, officially announced their strategic partnership which was meant to come up with strategic solutions for investors in Korea, both in retail and in organizations. The Capital Group is determined to provide business counsel and information necessary for the management of the company. Tim shared his commitment to develop and invent more strategies that will be beneficial to the investors in regards to their savings and retirement benefits. Through this partnership, the two companies expect to improve their service to the investors.