What You Need to Know About Capital Group’s CEO

Timothy Armour is the chairman and chief executive officer for Capital Group, he is based out of the Los Angeles office.

His other positions within the company are the chairman and principal executive officer of Capital Research and Management Company and chairman of the Capital Group Companies Management Committee. In addition to all of those positions, he is an equity portfolio manager. In total, he has over 33 years of investment experience, with positions in both research and management of portfolios.

Beginnings

Timothy didn’t walk into his prestigious jobs, he earned them through hard work and astute predictions of the market. He has an uncanny ability to be equally aggressive and cautious, depending on the terms of the markets.

After he received his degree in Economics from Middlebury College in Vermont, he began his professional career at Capital when he joined the Associates Program in 1983. From there he served as served as an Equity Investment Analyst before moving into other positions.

Advice for Current Investors

Today Mr. Armour is an advocate for the active management of funds. In other words, he believes fund managers should be investigating sectors by speaking with companies, researchers, industry experts, and principals in all aspects of the market. He believes above average returns can be delivered by index funds when proper research along with manager invested money are applied to the funds.

He points to a study done by Capital Group showing that, over a 10 year period, funds that were actively managed and included the manager’s money, exceeded their benchmark 89 percent of the time.

He makes the point because he wants investors to know they don’t have to accept the average when they are using an index fund. An index fund should be looking for more than the benchmark when investing, within the rules of the fund. This is achieved by finding active managers, willing to do in-depth research, and bold enough to risk their own money in their choices.

Related: Capital Group Considers Armour as Successor to Chairman

Anthony G. Petrello is a Powerful Entrepreneurs and Creative Investor

Anthony Petrello is a shrewd entrepreneur and experienced operations leader. He has fostered the expansion of several firms by holding influential leadership positions and taking decisive actions. Petrello has set high standards of academic excellence for other entrepreneurs in the corporate world. For instance, he is an alumnus of prestigious Harvard Law School, holding a J.D degree. He also received both his undergraduate and postgraduate degrees from the distinguished Yale University.

Work history

Anthony Petrello obtained an entry-level job at the law company Baker & McKenzie in 1979. Between 1986 and 1991, he was the managing partner of the firm and operated its New York Office. He joined Nabors Industries LTD in 1991 as the director and rose to the position of the president in 1992. Between 2003 and 2012, Petrello served as Nabors Industries’ Deputy Chairman. He became the head of Stewart & Stevenson in 2011 and CEO of Nabors in 2012. He serves as a director of organizations such as Texas Children’s Hospital and MediaOnDemand.com.

What is Nabors Industries Ltd?

Nabors owns and oversees the operation of world’s biggest land-based drilling fleet of machinery. It is an authority in offshore drilling rigs in the U.S. and several global markets. It also offers directional drilling services, state-of-the-art technologies, and performance tools across the leading oil and gas markets around the globe. Nabors has a highly competent workforce that capitalizes on the firm’s exceptional drilling automation abilities to set high standards of excellence in the sector. It specializes in manufacturing and selling top drives, drawworks, wrenches, catwalks, and other drilling related equipment. These tools are set up on both offshore and onshore drilling rigs.

Read more:
Cynthia and Tony Petrello: Inspired by Adversity
Executive Bio, Compensation History, and Contacts

Executive compensation for the 2015 financial year

According to the 2015 fiscal year’s report, Mr. Anthony G. Petrello, the president, CEO, and Board Chairman of Nabors Industries received a total compensation of $27,512,939. The total amount comprised of a salary of $1,580,077, a bonus of $7,727,000, stock options of $0, stock worth $16,836,656, and other forms of compensation amounted to $1,342,206. The total cash compensation consists of annual base pay plus bonuses. The Nabors Industries LTD uses the edgar filing system to file its income reports for executive basic salary and bonus with SEC. These reports are usually available in the Def 14a documents. Total equity encompasses fair value of shares, option award, and long-term incentives awarded during the financial year. Other compensations comprise of all compensation-like awards, which cannot be included in the above-discussed standard categories. The numbers included in the fiscal compensation report do not comprise a variation in the pension value as well as non-qualified delayed compensation earnings. Source: http://blogs.marketwatch.com/thetell/2014/05/27/why-nabors-ceo-wont-top-best-paid-bosses-list-again-in-2014/

Lloyd Grove

For decades, Lloyd Grove has focused on making his independent decisions and building his career without worrying about colleagues who were outdoing him across various fields. However, this attitude changed when he came across a 2014 list of high paid CEOs in the world and at the top position was his former college roommate, Anthony G. Petrello, with an annual net salary of $68.2 million. Grove states that Petrello was one of the outstanding students in both academic and non-academic matters during their college years.

Follow Anthony Petrello on Crunchbase

Why Parents Should Stop Paying their Adult Children’s Bills

Today, many American parents are still supporting their adult children in meeting part of their bills and other expenses. It is perfectly normal for parents to be concerned about the wellbeing of their children. However, once a child has grown into a working adult, it might be time for parents to stop supporting their children financially and focus on their own wellbeing.

A survey conducted by Fidelity found startling conclusions among the millennial generation. The survey targeted millennials between 25 and 35 years old. It uncovered that at least 47 percent of millennials are still relying on financial support from their parents.

They reported that their parents have helped them pay some of their monthly expenses since they started living independently. Some of these expenses include cell phone bills (21 percent), clothing (16 percent), groceries (20 percent), utilities (14 percent), entertainment (14 percent) as well as mortgage and rent (12 percent).

What This Means

All the millennials surveyed by Fidelity reported an average of $9,100 in savings, a figure far above the $400 national average. This shows that millennials are more than capable of meeting all their expenses and still invest in their retirement.

Half of the people surveyed already had retirement savings and investment accounts showing that they were preparing for their future.

However, as millennials continue to save for their future, they need to consider how they are affecting their parents’ financial wellbeing. Given the low national average savings figure, parents need to invest in retirement accounts to ensure their financial sustenance in their old age.

Parents should talk to their adult children about proper financial management and responsibility.

Sam Tabar’s Career

Sam Tabar has had a widely successful career as an attorney and a hedge fund manager for top multinational financial institutions in the U.S. and Asia. He is the Chief Financial Officer of Awearable Apparel, Inc. and the Chief Operating Officer of FullCycle Energy Fund.

During his international career, Tabar became fluent in Japanese and French, on top of his native English. Tabar worked for PMA Investment Advisors in Hong Kong. At PMA, he helped develop innovative asset raising strategies that became lucrative for the Asian company.

Bloomberg published that Sam Tabar studied law at Oxford University and graduated in 2000 with both a BA and MA in law. After graduating from Oxford, Tabar attended Columbia Law School to attain his LLM. Today, he is a fully licensed attorney in the state of New York.

In 2001, Tabar secured a job at Skadden. He has also worked for Merrill Lynch as an adviser and Schulte Roth & Zabel as a senior associate. Sam Tabar is also a keen entrepreneur and philanthropist. He has invested in THINX – a startup that supports women in Asia and Africa.

Discover The Benefits Of Organic EOS Lips Balm Products

Your lips make up 36% of your facial features and for most women, it’s very important to have their lips looking and feeling their best. A recent PRN Newswire article indicated, the once popular chapstick, is being replaced by EOS lip balm. Why? Women are looking for organic beauty products and EOS lip balm products are rich in amino acids and shea butter. Thousands of women trust EOS products for being cruelty-free, 100% natural, and 95% organic. They guarantee to live your lips feeling sensationally sultry and smooth. Transform your dry cracked lips in under 30 days with EOS lip balm products.

Why Women Are Choosing Evolution Of Smooth?

Evolution of Smooth is a popular EOS lip balm among women because it costs less and has complete all natural ingredients. Nourish your lips with a lip balm that contains organic ingredients like shea butter and jojoba oil that guarantees to leave your lips looking and feeling silky smooth. Evolution of Smooth is packaged in round colorful containers that are popping up everywhere including your favorite celebrities purse. Famous women like Miley Cyrus and Kim Kardashian are known for using EOS products.

Evolution of Smooth Products

– Mint kisser

– Berry Blossom

– Strawberry Sorbet

– Wildberry

and much more…

You can enjoy hand lotion and shaving cream products by Evolution of Smooth. They offer irresistible flavors and products with a extraordinary aroma. Their products are stylish, fun, and effective as a lip care therapy. Thousands of women around the world are happy with their super smooth lips. EOS lip balm is a cultural revolution for organic lip care beauty products and therapy. You’re invited to visit their easy to navigate website or visit online retailers Lucky Vitamin or Ulta and look for EOS lip balm in the beauty care aisle. Also visit http://www.ebay.com/bhp/eos-lip-balm.

 

My Dear, Doe Deere

Daring, beautiful, bold, these are the words one would use to describe Lime Crime’s founder and CEO, Doe Deere. An innovative entrepreneur, Doe Deere created a line of makeup as bright as her personality plus as colorful as her soul.

 

Born in Russia, Doe spent her youth there, selling temporary tattoos to schoolmates. A novelty at the time, Doe made them fashionable by wearing them herself to show there wasn’t shame in being a red apple in a bushel of all green apples. At the age of 17, she and her family moved to New York. Consequentially, the move only encouraged her creativity more. Doe desired to express herself through music, desiring to become a musician. Through her rock band and passion for life, she found two loves… her husband and Lime Crime.

 

Brash and Sassy, Doe Deere gravitated towards bright colors that would accentuate her personality. The greatest misfortune for Doe, makeup had not evolved into a statement of personality. Available colors were usual, dull, too ordinary for the extraordinary. Therefore, Lime Crime was born. A perfect bundle of joy, even in infancy, Lime Crime was the answer to an assortment of problems for the Fashionista looking to express their true selves.

 

The Early phases of Lime Crime began with “DYI” makeup on Ebay, and then evolved into a corporation with consumers from all over the world, excited to finally have a rich and vibrant line of makeup to express their inner beauty for the world to experience. According to Doe Deere, that is the existential reason for Lime Crime’s existence.

 

“Makeup gives me, (and I like to hope other women who buy Lime Crime), the freedom to be myself. The freedom to express themselves without fear of judgment. We express ourselves by what we put on our bodies, how we do our hair, and what we put on our face.” (Doe Deere, “Guest of a Guest” Interview).

 

Self expression, fearlessness, pride in self, these are all that which Lime Crime and Doe Deere stand for. Be bold, be beautiful, be yourself and let all of your colors shine through.

 

Sources:

http://guestofaguest.com/los-angeles/interview/interview-lime-crimes-doe-deere-on-how-to-make-your-dreams-come-true&slide=7

http://www.limecrime.com

 

 

Cyberbullying Victims Get Lasting Help from Online Reputation Management

Online reputation management offers a wide array of services to a variety of clients. With the uptick in cyber-bullying incidents occurring, these victims are now finding vital help from online reputation management and repair companies. Benjamin Franklin once said, “Glass, China, and Reputation, are easily cracked, and never well mended.” But with the help of online reputation management, victims of cyber-attacks are getting a change to mend their reputations in cyberspace.

The internet is making the term global community an everyday reality. The importance of a person’s reputation is one of the most valuable commodities they can have. According to onlinereputationreviews.com, a negative report online can restrict future earnings from jobs and severely impact social life. Oftentimes when you first meet someone it is a habit to check them out online. More and more companies are relying on the internet to help narrow down the field of job candidates. Cyber-bullying has made it so the character of the person seen on the web is a grotesque parody of who they are. It can be difficult to track who is behind a malicious post or opinion online and that fact means many act with impunity to damage others. Some twisted individuals almost see it as a sport to disparage an upstanding citizen or business. No more is there innocent until proven guilty, now it is innocent until searched. Even a flash in the pan story can be the lasting thing people see when they look up information online. The contamination can spread its tendrils all over the world leaving the victim with very little recourse to defend themselves. Their reputation is continually eroded with each click. The only way to contain this damage and expunge the internet record is through professional help.

Online reputation management companies use several tactics to combat cyber bullies. They can work with companies to get malicious content out of the limelight. They also can help rebuild a reputation by promoting positive stories about their clients. By giving their clients a chance to tell their story they take away the microphone from cyberbullies and allow the victims to be heard.