Randal Nardone serves as the co-founder, director and the CEO of Fortress Investment Group that specializes in offering financial services. He attended the University of Boston where he studied biology and English. He later moved to the University of Connecticut where he pursued law. After completing the studies he was engaged with many organizations such as Thatcher &Proffit Law Firm. He co-founded other organization such as the FIG LLC (1998), Florida East Coast Holding Corps, Seacastle Inc and Impac Commercial Holding where he served as the chief operating officer. In his job position, he oversaw the decision making process and the creation of innovative products and services.
During the 1990s, he had a successful career in both the Blackrock Financial Management and UBS. Nardone oversaw the making and implementation of crucial financial decisions. He employed his knowledge in law and leadership to transform the organization he co-founded. His success is also attributed to a professional network that comprises of Wesley Roberts Edens (EuroCastle Investment) Joseph P Adams (Seacastle Inc) and Pete L. Briger. Other than focusing on revenues generation, employees define him as a leader committed to improving their welfare.
Randal Nardone contributions to the running of Fortress Investment Group
For the past 20 years, the fortress has recorded improved financial performance under the watch of Randal Nardone. Currently, he is the CEO and oversees both the legal and the financial structure of the group. The Forbes Billionaire List placed him in the 557th position. His wealth can be traced to over 50 million shares in Fortress that are valued at $ 1.6 billion. He equally has interest in other business ventures such as the Springleaf Financial Holdings. The diversification approach minimizes chances of risks and boosts the revenue levels.In 2017, the group’s shares were acquired by Softbank Group Corp which is based in Tokyo. However, the outstanding leadership skill and professional team in Fortress was not disrupted. On the contrary, the organization remained as an independent business managed by Peter Briger, Randal Nardone and Wesley Edens. In his different positions, his associates and junior staffs paint him as a committed and transformative leader. By offering new products and services, the group has attained a competitive edge over other players in the finance market.