Recently, Willis Towers Watson named Michael Burwell as its new Chief Financial Officer. Michael replaced Roger Millay who retired in October 2017. Michael, also known as Mike, has over three decades of professional and financial experience all from Pricewaterhouse Coopers. He previously held some key positions in the firm such as CFO and COO in the US, Head of Transaction Services in the US and the Head of Global Transformation. Mike also has more than a decade of experience in auditing and Transaction Services advisory which includes working on valuation and pre-merger due diligence.
Words from the CEO
Willis Tower Watson CEO, Mr. John Haley, said that the firm was excited to have Burwell on the leader board at that critical time of the firm’s evolution. He praised Michael Burwell as a leader who comprehends leading, managing, and a person who knows how to get results in a sophisticated, international firm with the firm focusing on its customers. He also said that he does not doubt that Mike’s experience in transformation, transactions, and finance is well suited to lead the firm’s long-term growth and allow it to realize its potential fully.
John Haley also thanked Roger Millay for his contribution and great leadership he showed in Willis Towers Watson. He also thanked him for leaving the company better than the way he found it which will serve as a platform for the future success.
Michael Burwell on joining Willis Towers Watson
Michael Burwell said that he was honored to have a chance to work at Willis Towers Watson. He said that he was impressed by the firm’s inclusive and collaborative culture, the company’s commitment to its customers and the strength of the firm’s leadership. The Michigan State University graduate also said that he was looking forward to taking part in the future company’s success.
About Willis Towers Watson
It is a universal solution, advisory, and brokerage firm that assist clients all over the globe to turn their risks into growth. Established in 1828, the company has its operations in more than 140 nations and has more than 40,000 workers. The company designs and delivers solutions that cultivate talent, optimize benefits, manages risks and expand the power of capital to strengthen and safeguard individuals and institutions. Willis Towers Watson unique perspective allows the firm to see the crucial intersections between assets, ideas, and talents which are the dynamic elements that push the performance of a business. Read This Article to learn more.
As the calendar moves closer to the warm summer months, the United States congressional races ahead of the 2018 midterm elections, are already heating up. End Citizens United is a progressive based support system for candidates that are either walking away from corporately slanted funding, or at the very least advocating for campaign finance reform.
The Washington D.C. based organization is now in its third year, formed to endorse candidates who reject special interest group manipulation of legislators. End Citizens United takes its name as a counterpunch against Citizens United. The organization blossomed as a result of a single court ruling in 2010.
Supporters contend that the Citizens United vs. FEC decision was wrong, and opened the floodgates of what they refer to as dark money to flood unbridled into the nation’s political process. ECU president Tiffany Muller and supporters believe that too many politicians accept massive campaign donations from the nefarious sources.
Because of the influence of this funding, they end up legislating with an allegiance to these massive interest groups instead of in the best interest of the local constituents. The progressive organization believes it to be at the core of corrupt politics in Washington D.C. and is fighting to push candidates who denounce the old ways into office.
One of their most visible candidates, Beto O’Rourke is beginning to make headway against former Republican presidential candidate Ted Cruz in Texas. O’Rourke has served six years representing the 16th congressional district in Texas and has his eyes on the state’s senatorial seat come November.
Another big target for the campaign reform march is aimed at soon-to-retire Speaker of the House Paul Ryan. Randy Bryce is now trying to accomplish what many felt was impossible. Bryce, a former military veteran and ironworker, has outraised his competition by nearly $2 million just in the first quarter of 2018.
Collectively, ECU hopes to generate over $35 million for candidates they endorse. All of his funding has come even though he has denounced any stream of donations from special interest groups. There target is what they call the “Big Money 20“, deemed the biggest abusers of special interest campaign contributions.
Early last month the door for Bryce swung wide open with Ryan’s announcement he would not be seeking reelection. The objective of the Democratic Party is to ride a blue wave into November in an attempt to secure control of both houses of Congress.
While wave of Democratic congressional control is also the goal of every End Citizens United supporter, they want that wave to be devoid of the campaign money they deem compromises elected officials’ ability to legislate with integrity. End Citizens United is working to propel the blue wave, but without the need for dark money contributions.
To Learn More Click Here
SahmAdrangi is the founder of Kerrisdale Capital, a fundamentally-oriented investment management firm that deals with long-term event-driven special situations and value investments. The firm takes a soft activism investment approach which attempts to create catalysts by making investment ideas available to the whole investment community and is among the leading proponents in that sector. These ideas are shared through the company’s website as well as third-party websites.
SahmAdrangi founded the New York-based Kerrisdale Capital in 2009 and became its Chief Investment Officer. Before this, he was working at the Longacre Fund Management as an investment analyst. His job description at Longacre consisted of conducting research and analysis on both the distressed debt credit fund and the equity fund. As of the end of 2008, Longacre was said to be managing over 1.2 billion dollars under its assets.
SahmAdrangi, who is a holds a Bachelor of Arts degree in Economics from Yale University, also worked at Deutsche Bank in the leveraged finance group. Here his duty was to assist in the syndicating and restructuring non-investment grade bank debt and high yield bonds such as leveraging Chapter 11 exit financings, debt refinancing and buy-out financings.
SahmAdrangi also worked at the Channing Capital Partners in the Bankruptcy restructuring sector where he advised the creditors on Chapter 11 bankruptcy and out-of-court bankruptcy restructurings. At the Channing Capital, he worked to represent the bondholder committees, bank debt holders, several equity committees as well as other creditors belonging to other distressed and bankrupt companies.
SahmAdrangi has taken an activist role over the years where he exposed several fraudulent Chinese companies some of which became under enforcement action by the Securities and Exchange Commission. Some of these include China-Biotics, Lihua International, China Education Alliance and ChinaCast Education. He has also engaged with the Lindsay Corporation Management optimise the companies’ cash deployment and capital allocation policies in 2013. In 2014, MrAdrangi also took on the Morgan’s Hotel group where he led a proxy contest to replace the directors of the team with two directors from his slate elected in 2014.
To Read More Click Here