Timothy D. Armour serves as both a leader and advisor to the Capital Group. Armour is the chairman and CEO of the investment management firm. He has worked in various leadership positions at Capital Group for over 33 years.
His areas of specialization range from portfolio management, executive leadership, equity investment, to global communication management. The rapid growth that Capital Group is currently undergoing is a manifestation of Armour’s personal discipline, ability to learn, and thoughtful leadership.
Academics and Career
Tim Armour pursued his higher education at the Los Angeles-located Middlebury College. He graduated with an undergrad in economic. Immediately after earning his degree, he joined Capital Group as an intern in The Associate Program. After a short stint as an intern, Armour became the equity investment analyst tasked with the duty of managing global communications and service firms located in the U.S.
Tim Armour combines his academic proficiency and experience in investment management to spot market trends and shift and react on time. He is an accomplished equity portfolio manager. He heads the management committees of Capital Research and Management Company as well as Capital Group Management Committee.
Capital Group Board promotes Tim Armour to Chairmanship Position
On July 28, 2015, Capital Group’s governing council hired Armour as chairman. Armour will work hand in hand with other senior members of the firm’s committee, including Phil de Toledo and Rob Lovelace. The leaders will be in charge of coming up with reliable business strategies, communicating, and implementing them. They will also manage the daily affairs of the company.
The Capital Group’s Board developed this leadership succession plan a couple of years ago and executed it following the death of Jim Rothenberg, the former chairman. Various leaders including Armour praised the late Jim for his commitment to achieving the mission of Capital Group of Companies. They promised to honour Jim by dedicating their efforts towards filling the void he had left.
Capital’s Recipe for Success
Capital Group has continued to rule the circle of investment due to the combined talents of all employees who are committed to transforming the firm’s visions into reality. The company’s management committee and its 7,600 associates dedicate their efforts towards upholding the 84-year outstanding reputation of offering field-tested investment solutions to investors.
Statements of Janet Yang, Capital Group’s CFA
Janet Yang applauded Armour for securing such a prestigious position. She said that Tim Armour had already demonstrated exceptional leadership abilities since he joined the company more than three decades ago. According to her, Tim Armour is the perfect candidate for the chairmanship position.