Chairman Tim Armour Takes His Position After the Passing of Fellow Chairman

Capital Group’s Board of Directors is home to the American Funds investments corporation. It has announced the acquisition of Tim Armour as the leading chairman for the Capital Group. In recent years, Tim Armour acted as the chairman for the management committee as well as to the research and management position for the company.

Along with a number of other senior members who are on the committee, Tim works to continue on the path of working with other associates to set forth and communicate during all business strategies of the Capital Group. He will coincide with others to ensure that all operations of the business remain in tact. The change came on the heels of the passing of Jim Rothenberg who was once the Chairman of The Capital Group. When he passed, all his acting positions within the chairman position fell on Tim Armour.

The Capital Group has mourned the loss of their fellow chairman and has shown reverence in the leading of the company by promoting Tim as the business leader for the company. Jim once worked with such great reverence that all of his decisive actions and goals for all of his clients that many investors and associates of the company will greatly miss him. He was able to bring the company so far and from there, Tim took over and has led the company even further.

Learn More: Capital Group Board Elects Tim Armour as Chairman

Before landing with Capital Group, Tim Armour worked as the director for the AARP portions from the year 2008 until he left to become a member of Capital group in 2014. Before he worked for AARP he held onto a position with the company Morningstar. He helped to provide Morningstar with investment research for the stocks and funds department and analysis inside the Morningstar company. He held onto his position with Morningstar from 2000 until 2008 in which he retired from the company. Before he fell into the position with of Capita, Tim Armour worked as the Chief Operating Officer and President for Morningstar from 1998 until 2000. He also worked at the mutual funds department for the Stein Roe and Furnham company from 1992 until the year 1998.

In the overall experience with hands on to more than 32 years of investments, Tim has also held positions within a global telecommunications department and earned his bachelor’s degree from the Middlebury College for the economics department. He is currently living in Los Angeles, California.

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