Predicting Randal Nardone’s next move is never easy. He is that individual with unique qualities of his kind — an individual who can convert risks into opportunities. As the Co-Founder, Chairperson and Chief Executive Officer, Randal Nardone has never shied away from trying. His ability to transform a problem into a fortune has made him gain respect among people of all ages.
Randal has been able to achieve his objectives since he had acquired the right educational skills required as a top executive. He is a graduate of the University of Connecticut with a Bachelor of Science in English and Biology. At the same time, Randall holds a Juris Degree from Boston School of Law. The skills he acquired from the university compliments the skills that a top management executive requires.
Randal Nardone began working at Fortress Investment Group in 1998 in the board management committee. He was later appointed to serve in the Board of Directors in the year 2006. In 2011, he was named acting CEO after the current CEO by then had moved to a new organization. For more information about Randal Nardone, view his Crunchbase profile.
Each member of the firm values his presence at Fortress Investment Group. It is due to the unique management strategies that no other individual had dreamt of. He is the key figure behind the acquisition of SpringLeaf Holdings by Fortress Investment Group. Just under his leadership, SringLeaf Holdings grew in multiples.
Another daring move that Randal Nardone made was to list Fortress Investment Group in the New York Stocks Exchange. The first ever private institution to be listed in the NYSE. Most of the people knew the decision by Randall marked the beginning of Fortress Investment Group’s failure. But they were all mistaken. The company grew tremendously and even attracted more investors to invest in Fortress Investment Group.
As if that is not all, Randal Nardone came up with another shocker yet again. He struck a deal with the Japanese based SoftBank Company who paid $3.3 billion in cash to acquire Fortress Investment Group. None of the people have ever understood why a top provider of private equity was merged with SoftBank. But Randall aims at taking advantage of the huge clientele base of the telecommunication company.