Category Archives: Financial Services

Michael Burwell Takes His Over Three Decades Of Experience In Finance To Willis Towers Watson

 

Willis Towers Watson, a consultancy, and advisory, recently appointed Mr. Michael Burwell as its Chief Financial Officer. Having worked in Price Waterhouse Coopers LLP (PwC) as Global and US Transformation leader in PwC, he is very experienced in auditing and advisory service with an experience of over 30 years. .Under PwC, he worked as Chief Financial Officer, Chief Operations Office, and Head of Transactional Services in the United States. It means that he has 12 years of transactional advisory service and other 11 in auditing.

 

Additionally, he was the Chairman of Automotive Suppliers Institute Conference, a speaker, and a writer and this means that he is an added boost to Willis Towers Watson. During his appointment, the Chief Executive Officer of Willis Towers Watson was optimistic that Mike was the best appointee. He termed him as a person who understands leading, managing, and driving results of a global company like Willis Towers Watson, which focuses strongly on its clients. He also added that Mike’s expertise in transformation, transaction, and finance would help the company achieve its full potential in its long-term growth. Refer to This Article for additional information.

 

Michael Burwell in his acceptance remarks stated that he was ready to contribute his success in strong leadership, teamwork, and commitment to clients to the firm. He advises people to embrace the new technology in doing things because it allows multitasking. These tools help in streamlining operations, and one should take advantage of them. He points out that is what makes him productive at not only Willis Towers Watson but also everywhere. Another thing he stresses is the teamwork where one should listen to ideas of others, and through them, you get innovations. Many ideas in the company as he points out have come from other employees. One of those innovations is applied at the firm under a new investment management service called AMX. The service according to Mike was started in Europe but has been rolled out in the US. Under this program, the firm is advising clients with assets of over $120 to reduce compliance and aggregation processes. The qualified CPA and a Bachelor of Arts in Business Administration degree holder from Michigan State University is indeed a man high productivity.

 

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Fortress Investment Group and its Principals

Fortress Investment Group was established in 1998 as a private company. Since its inception, the company always has been a trendsetter. This was emphasized by its initial public offering (IPO) in 2007 when it went public on the New York Stock Exchange (NYSE) as the first large-scale private equity company in 2007. Currently, Fortress Investment Groups is an expanded international investment management company that controls more than $43billionof assets for more than 1,750 investors in hedge funds, permanent capital vehicles, and private equity. The company’s strategy is strong risk-adjusted returns for investors over the long term. The company has its main offices in New York and has more than 900 workers. The company has three main principals namely: Wes Edens, Peter Briger, and Randal Nardone.

Fortress Investment Group specializes in the following:
• Operations management
• Capital markets
• Asset-based investment
• Industry-specific knowledge of institutions and companies
• Corporate mergers and acquisitions .

The company’s asset-based investments are regarding credit funds and private equity. These investments are made up of a wider variety of assets such as financial vehicles, real estate, and capital that generate long-term cash flow. In addition to this, the company has expertise in financing, owning, pricing, as well as managing both financial and physical assets.

In the section of operations management, the company has come up with robust tools for digging out value from the highly complex investments it makes. The company shines at evaluating strategic, operational, and structural “facts on the ground” when it comes to managing its portfolios. Additionally, Fortress Investment Group has developed considerable expertise in handling mergers and acquisitions for the two decades it has been operating. Moreover, the company has a team of experts who understand and have significant relationships with a broad variety of management professionals, corporate board members as well as corporate stakeholders.

The company also has a good experience when it comes to capital markets as well as securing financing through equity and debt markets.

The founders of Fortress Investment Group include Randal Nardone, Wes Edens, and Rob Kauffman. Nardone and Edens are still principals at the company while Kauffman retired in 2012. These founders were previously working with BlackRock Financial Management, Goldman Sachs, Lehman Brothers, and UBS which offered them great financial experience.

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Michael Burwell Takes Over As CFO Of Willis Towers Watson

 

Willis Towers Watson recently underwent a number of changes when they decided to appoint a new CFO within the company. Michael Burwell, a well-renowned professional within the financial industry, was chosen to take up this position and was set to replace the previous CFO of the company, Roger Millay. The retirement took place in 2017, and within a short span of time, Burwell was asked to take over this new position within the company.

 

Burwell’s career spans over an incredibly extended period, during which he has provided his services to a wide range of corporate and clients. He has worked with several well-known names and has worked in several higher up positions within the companies that he has worked at. The contribution that Michael Burwell has been doing towards the companies that he worked at has been incredibly significant, which is why he was chosen to take over the position as the CFO of Willis Towers Watson.

 

The entry to the position of CFO was well accepted by all of the leading members at Willis Watson Towers. The CEO of the company was the first to come forward and talk about how honored he was to have someone like Michael Burwell working for the company. He stated that he saw a positive outlook towards the company, now that Burwell as taken up the position of CFO. He also said that Burwell’s experience within the field is something that the company is going to benefit from incredibly and is something that will overall work for the improvement of the work that Willis Towers Watson does.

 

Seeing this warm of a welcome into the company, Burwell decided to put forward a response to the CEO and the kind words that were said about him. He stated that he was honored to have the opportunity to take up this role within Willis Towers Watson and was sure that he would be able to contribute positively to the company. He also stated that from his experience, he knows the substantial impact that Willis Towers Watson has on the financial field and knew that he would be able to add to the success that the company has been seeing. Refer to This Article to learn more.

 

With the addition of Burwell, the board at Willis Towers Watson look forward to the changes that Burwell can bring to the company and the direction that the company moves in as he takes over.

 

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