Progress has never hurt, not even in a single day. Fortress Investment Group, as it turns out, is one of the companies in the world that has enjoyed a steady success rate ever since it got established in 1998. Today, the private equity manager is bigger and better all thanks to the efforts put in by the company’s management.
Fortress, having embraced change, has seen a rise in its nets worth. To say the least, Fortress Investment Group currently controls assets worth over forty-three billion dollars. Like they say, fortune favors the bold. Fortress, thanks to its successes, now enjoys a presence on the New York Stock Exchange, something that never comes easy not even in a thousand years.
The corporation, despite being successful, has also gone through a troubling phase. However, the team of young and energetic souls at Fortress Investment Group has ensured that these troubles never double. In short, Fortress has thrived because of its employees. Clients, too, have benefited from the commitment shown by the members of staff.
Beneficiaries of the firm’s great act are none other than private equity companies, hedge funds, and permanent capital firms. Fortress, by offering services in asset investments, capital markets, operations management, and mergers and acquisitions, has ensured that consumers receive everything they deserve in the end.
Did you know that Fortress Investment Group is successful because of its robust leadership? Well, individuals like Wes Edens, Peter Briger, and Randal Nardone have taken the company a step further by combining their skills for the greater good of the organization. Excellent management has surely gone a long way in alleviating the position of Fortress in known and unknown markets.
Recall, Fortress is currently on the New York Stock Exchange list. Profiling in such a revered IPO has given the private equity firm all the mileage it needs to achieve its short and long-term goals. Consumers have found a deep respect for the company and in so doing, made the organization a favorite among many. To say the least, Fortress Investment Group’s streak has been nothing short of spectacular since its inception to decades ago.
Fortress has in recent years attracted the attention of Softbank without even realizing it. Can we blame the firm? There is a lot of justification why Fortress Investment has become one enviable company, and its successes say it all. Softbank, having seen a lot of potential in Fortress, decided to buy the company for over three billion dollars. SoftBank Group Completes Acquisition of Fortress Investment Group
Spending three billion dollars is a massive gamble for many corporations but as it were, Fortress was and still is a wise investment. Fortress, despite getting sold to the highest bidder, has greater plans for the international community, objectives that its newest manager, Softbank, will have to oversee in the future. A Force of Innovation: Two Decades of Fortress Investment Group
Twenty years might seem to be such a long time but the truth is Fortress has done what other like-minded corporations have failed to do. Therefore, Fortress Investment is the king of the game.
Towards the end of the year 2017, Willis Towers Watson insurance company appointed Michael Burwell as their new chief financial officer. Michael filled up the gap in the company left by the retirement of Rogers Millay. His appointment was in line with the company’s strategy of infusing fresh ideas to its already effective insurance strategies. When announcing the appointment to the public, Willis Tower Watson CEO John Haley mentioned that Mike Burwell joins the insurer at a time when the company is considering radical evolution strategies regarding client interactions as well as financial transformation.
What does Mike Burwell bring to the table?
Mike brings with him a bag full of experience from the different positions he has held in his long-standing career in the corporate world. With over 31 years of professional and finance experience gained in the different service and managerial positions at PricewaterhouseCoopers, Michael Burwell stands best suited for this position.
Impact of his appointment on the insurer
According to Willis Tower CEO John Haley, his company is dedicated towards client satisfaction and transformative approach to financial aspects of the business. The company, therefore, stands to benefit immensely from Burwell’s contributions to the company’s management as his experience boils down to these two aspects of the business. Note that he spent over two decades of his career in the transaction services and auditing fields of business.
While here, Michael Burwell helped different companies set up functional audit departments as well as align their financial strategies with their overall organizational goals. He especially worked on pre-merger due diligence and business valuations for different industries, including other insurance services providers. These skills will, therefore, come in handy during his stay at the Willis Tower.
Michael Burwell’s experience in business valuations and due diligence blends in well with this new role in the insurance industry. The fact that establishing insurable interests for a business or any other entity starts with valuation goes on to cement his value within the company. Additionally, his previous experience working for a global financial company at a top-level leadership position means that the insurer stands to benefit from invaluable financial insights on how well to structure and run their global network of finance departments. See This Page for related information.
Michael Burwell isn’t new to the world of finance. Burwell’s experience working with global leaders in matters finance and consulting for numerous other institutions from different industries comes in handy in this new position. He is, therefore, expected to use this experience to align the company’s financial department.