The Overall Impact of Randal Nardone on the Financial Sector

In the current corporate world, one has to be innovative enough so that he can distinguish himself from other personnel since the limited available resources are being competed for by an extra massive number of competitors who want to have a portion of it. Therefore, the likes of Randal Nardone, Kauffman and Wes Edens are highly valued due to the impact they have in the society. Randal, being an informed gentleman who received his higher learning knowledge from Boston University which is a School of Law as well as in the University of Connecticut. Immediately after his academics, he ventured the market to actualize and utilize the abilities and skills bestowed to him during his studies.

Randal Nardone was able to gather a lot of experience while working in several firms like Springleaf Financial Holdings where he held the position of the President and Chairman. Also, he got the opportunity to work as the secretary of Newcastle Investment Holdings, and BlackRock’s principal. It is evidence that his hard works yielded fruits because Randal was able to earn a considerable amount of wealth and a good name for himself to the extent of being among the few billionaires globally and in Forbes list, he seizes position 557 owning over $1.8 billion assets.

Teamwork is the strength that’s what scholars do say; therefore Randal Nardone together with his colleagues both Kauffman and Wes Edens joined hands to form an asset managing firm that is universally known as Fortress Investment Group. The headquarters of Fortress is in New York City, and it has also been listed in the Stock Exchange of New York City due to its superior performance over the past decade. Randal Nardone felt that it was going to face stiff competition from their counterparts who are wealthier than Fortress and they had to adopt strategies that could give Fortress a comparative advantage over its competitors. Currently, Randal Nardone holds the post of the Chief Executive Officer in Fortress Investment Group whose fundamental duty in managing the financial and authorized matters that may affect the firm’s daily operation.

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