In July 2015, Capital Group board of directors elected Tim Armour as Chairman of the company. He had been the Chairman of Capital Group’s management committee as well as Capital Research. Tim will continue to work with members of the committee to set policies and implement overall business strategies at the firm. He will be working with Phil de Toledo, President and Rob Lovelace, President of Capital Research. Tim was working towards becoming Chairman for several years, but things happened, more quickly than expected because of the sudden passing of former Chairman, Jim Rothenberg.
Capital Group has a history of team work in accomplishing the best results for investors, and doing so with a long-term outlook. Tim plans to continue with Jim’s strategy going forward. The firm has a mission of delivering above average long-term investment results to all clients.
Capital Group has been in business since 1931, providing top research, and good results on its investment portfolios. They have an 85-year legacy of putting their investors first. Achieving above average returns for investors is their goal, so investment managers are compensated for results not the level of assets managed. The company’s philosophy is based upon doing what is right for the clients.
Tim Armour is currently both Chairman and CEO of Capital Group. He also manages an equity portfolio for the company. With over 33 years’ experience in the investment arena, he is able to lead the company in the right direction for achieving top results for the company’s clients as well as his associates. Timothy Armour has spent all 33 years in the industry with Capital Group, so he is dedicated to their continued success.
Timothy Armour began his career at Capital Group in their Associates Program, after earning his Bachelor’s Degree in economics. He moved up to work as an equity investment analyst at the firm, covering global telecom and U.S. service companies. The company’s headquarters and Tim’s office is located in Los Angeles, Ca.
Tim is dedicated to maintaining the top level reputation the company has built over the years, by focusing on getting superior results for clients, while taking a long-term approach to investing.