The General Reaction after Fortress Investment Group Went Public

The astonishing event of Fortress Investment Group going public will forever remain in the minds of many people. It was considered as one of the riskiest moves that an investment management firm has ever made. However, it never turned out as ugly as many people could have expected. Instead, what followed was the massive following of the other investment companies of its kind trying to imitate the same move. It was a historical event that will never be erased from the walls of the investment industry. If you are wondering what am talking about, it’s about the 2007 event that saw Fortress Investment Group declare an initial public offer.

This event took place under the guidance of the new CEO of the company by then, Peter Briger. Before then, no other company of its type and size had ever tried to go public. However, Briger felt that the decision was right and productive enough to try. With the kind of trust and faith that the other co-principals had in him, they had no choice but to concur. The move emerged successful as both the company and the principals got a lot of popularity from the industry and the general public at large.

The leadership of Fortress Group has been very pivotal in gearing the company towards achieving its goals and objectives. The three principals; Peter Briger, Wes Edens, and Randal Nardone have been so determined to ensure that all the strategic plans for the company are followed to the latter to ensure that they achieve success goals. One of the main strategies that the principals have been focusing on is training their employees in relationships building. The staff of Fortress Group have put great effort in establishing close relationships with the key stakeholders of other companies so that they can have an easy way out in the engagement of business partnerships.

As a result, Fortress Investment Group has been on record for having signed and engaged in various business relationships that range from partnerships, mergers and even acquisitions. This has helped the company tremendously in its growth process and also in achieving its financial goals.

Michael Burwell

Michael Burwell, commonly known as Mike Burwell is the current Chief Financial Officer of Willis Towers Watson Company. He received this appointment on 2nd October 2017. Mike was hired to replace the retired former CFO Mr. Roger Millay who voluntarily retired from office.

 

Mr. Michael Burwell spent more than thirty years serving PwC. He received significant experience and expertise while working with PwC. Burwell has practiced high-ranking leadership in various positions such as Chief Financial Officer and Chief Operating Officer in the United States, Head of Transaction Services in the United States and Head of Global Transformation. Additionally, Burwell has an experience of more than eleven years in audit services. Burwell also boasts 12 years of Transaction Services that involve assisting firms that have pre-merger due evaluation and diligence.

 

On his speech, the Chief Executive Officer of Willis Towers Watson, John Haley, noted that the company was pleased to receive Mike Burwell in its management team at the best time that the firm was undergoing evolution. He praised Mike saying that Michael had brought with him world-class expertise in leadership, management and results driving capability to the company. The CEO also expressed his high confidence in Mike’s ability to transform Willis Towers Watson into an international firm.

 

John Haley also congratulated the outgoing Chief Financial Officer for his outstanding performance in the position he held in the firm. He pointed out that Rogers had left the Willis Towers Watson at a better mapping than the one it was when he joined.

Commenting on his nomination, Mike Burwell appreciated his appointment noting that he was pleased to be part of the Willis Towers Watson stuff. Michael Burwell pledged to commit all his efforts in developing and empowering the company. He expressed his excitement on the whole company especially on its culture of handling customers and collaborative spirit. He noted that he was set to contribute to the growth of the firm.

 

Willis Towers Watson Company is a global advisory firm that deals in solutions and broking. It assists investors and businesses turn their business risks into income and growth. The company is believed to have been founded in 1828. Presently, the firm boasts 40,000 individuals who it has employed to work in more than 140 countries throughout the globe.

 

The company delivers and designs ideas that help in managing risks, talent cultivation, capital expansion and benefit optimization. It also helps in strengthening and protecting private and institutional business agencies. Go Here for more information.