Capital Group enjoys the privileged position of being ranked among the oldest and largest investment management organizations in the world.
Founded in Los Angeles, California in 1931, today Capital Group has offices in Asia, Australia, and Europe, and handles much of our country’s financial investment matters.
It only makes sense that the future of such a company would be placed only the most capable hands, the hands of Timothy Armour.
Timothy D. Armour has served at the Chairman, Director, and Principal Executive Officer at Capital Group Research and Management Company, also the Equity Portfolio Manager, and now, as of July 2015, Chairman of Capital Group, following the death of former Chairman, Jim Rothenberg.
Mr. Armour is a seasoned, well established professional at Capital Group, with thirty three years of investment experience in the organization alone.
After graduating with a bachelor degree in economics from Middlebury College, a private liberal arts college in Middlebury, Vermont; Mr. Armour began his career at Capital Group as a participant in the Associates Program.
Evidently proving himself, Mr. Armour then held the position of Equity Investment Analyst, where he covered global telecommunications, and U.S. service companies.
He never stopped growing within the company, learning invaluable insights, and proving his competence in the world of investment management.
Though Capital Group and Mr. Armour feel the loss of former leader, Mr. Rothenberg, the company is confident in their choice of successor.
Mr. Armour addressed his predecessor’s passing in a quote to PRNewswire saying; “All of us here at Capital deeply mourn the loss of our friend and colleague, Jim. He was a purposeful leader, who possessed a talent for taking decisive action in the best long-term interests of our clients, investors and associates.”
Mr. Armour, with other key members of the Capital Group team, strive to continue working diligently towards setting, communicating, and implementing Capital Group’s overall business strategies, and oversee all operations as usual.
Capital Group gives the credit of it’s success, not to the individual, but to the collective talents of their associates who support the organization’s mission to deliver superior, long-term investment results to all of their clients and investors.
Timothy Armour is honored to be at the helm of such a legacy of excellence, and promises to do his utmost to work in the best interest of all of their many investors, and see Capital Group enjoy many more years at the top.