In the world of business it can be more difficult than one might initially think to find executives that have strong leadership skills and a deep understanding of the inner workings of the businesses they lead. It can be even harder to find leaders who have a strong grasp on the technical disciplines that make the services they provide to their clients possible.
Fortunately for the financial services company Capital Group, the organization was able to find all three in its recently appointed Chairman Timothy Armour. In 2015 Armour was appointed to the mission-critical position of the chairmanship of Capital Group by the company’s Board of Directors. Armour’s appointment saw him joining other leaders of the corporation like Robert Lovelace and Phil Toledo, who both serve as Presidents of divisions within the company to make important decisions about how the organization will operate in the future and how it will fine-tune its general business strategy. Armour was proceeded in his new position by the late Jim Rothenberg. James Rothenberg’s passing prompted the company to appoint a new chairman to build upon the legacy that Rothenberg had begun at Capital Group. Upon the announcement of his appointment Armour shared a statement that noted that Rothenberg’s legacy at the firm had been one of “purposeful” leadership that consistently endeavored to prioritize what was best for the company’s employees, clients and investors.
Arguably Armour was uniquely qualified to lead Capital Group. Armour had been in the field of investment management and financial services for 32 years in the time proceeding his appointment to his new position. His decades of experience very likely precipitated a depth of expertise that was necessary for the next leader of Capital Group to have. It also demonstrated a profound appreciation for the financial services industry. What also set Tim Armour apart as a candidate for a senior leadership position at the firm was the fact that he had spent the entirety of his career with the company.
Armour set an example for any aspiring investment management professional by starting out as an associate and rising through the ranks of Capital Group to a role that would allow him to make important decisions for the company’s future. During his long career with Capital Group Armour spent time working as an equity investment analyst.