Timothy Armour — Capital Group Cos. Inc.

Chief Executive and Chairman

THE LATEST: Armour, whose downtown company managed more than $2.3 trillion in equity and fixed income assets as of Dec. 31, beefed up management in recent months. He has appointed a chief legal officer, chief information officer to oversee technology and cyber security, a corporate governance director, and a new head of exchange-traded funds to build and lead the business. Armour also has chimed in on social causes, speaking out against the Jan. 6 attack on the U.S. Capitol and condemning the deaths of George Floyd, Ahmaud Arbery and Breonna Taylor.
BACKGROUND: Capital Group operates two offices downtown, where it employs 1,300, and another in Santa Monica, with 200 people. Armour took over as Capital Group’s board chairman in July 2015 following the death of James Rothenberg. Previously, Armour was an investment analyst at Capital, focusing on global telecommunications and U.S. service companies. He began his career 37 years ago at Capital when he participated in the firm’s Associates Program. Armour holds a bachelor’s degree in economics from Middlebury College.
YEARS ON THE LA500: 3
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