Randal Nardone Comments on Softbank Acquisition of Fortress
Randal Nardone is the co-founder of Fortress Investment Group. The company was started in 1998. Under his leadership, Fortress has expanded to the asset management sector. Randal Nardone is commonly known as Randy J.D by his colleagues. He became the chief executive officer for the company in 2013. He is one of the principals at Fortress and oversees daily operations. He described as a humble person who interacts with employees. He is also the Chairman and President of Springleaf Financial Holdings. He was the secretary of Newcastle Investment Group from 2002 to 2016. He served as the managing director for UBS and principal for Blackrock Financial Management. Randal Nardone attended Boston University and graduated with a bachelor’s degree in arts in English and biology. During his free time, he advises people on investment decisions. Employees working at Fortress Investment Group say good things about the firm. It is a good place to learn about the industry and develop your career.
Moreover, leaders are willing to help employees, and this helps them navigate the industry. The firm has smart employees who work as a team. You can grow your career and form great friendships at the same time. The pay is good, and employees share views freely. Fortress has an open communication network and encourages employees to express themselves without fear. The communication network allows the firm to get authentic feedback and knows areas that need improvement. The work ethic is phenomenal, and the management cultivates an environment where everyone is appreciated.
The firm understands that without employees they cannot do anything and puts effort to appreciate employees. They are given incentives and promotions when they perform well. Unlike other companies that claim victory for work done and abandon employees, Fortress is different. When Softbank bought Fortress Investment Group, Randal said that he was pleased with how things turned out. Randal , Wes Edens, and Peter Briger agreed to continue leading Fortress. Randal Nardone said that he wanted Fortress to retain control of daily operations. He is confident about a good future for Fortress. Randal Nardone works closely with other partners to run the affairs of the company.
Tags: Business Practices