Category Archives: Financial Services

Michael Burwell, The Finance Expert

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Willies Tower Watson, a global leader in advisory, broking, and solutions firm recently named Michael Burwell as the corporation’s new Chief Finance Officer. Mike replaced Roger Millay, the former Chief Finance Officer when he retired voluntarily on 2nd October 2017.

 

Mr Burwell has approximately 31 years of experience in both professional and financial services from Pricewaterhouse Coopers LLP (PwC). He has served in many top leadership positions for the last ten years, including Chief Financial Officer and Chief Operating Officer in the USA; Head of Global Transformation as well as headed the Transaction Services in the US. Furthermore, he has 12 years of experience in Transaction Services advisory and 11 years of experience in auditing, including assisting businesses with valuations and mergers.

 

Commenting on this announcement, the Chief Executive Officer of Willis Towers Watson, John Haley stated that they were honored to have Michael Burwell in their leadership team at that time when their company was undergoing a significant evolution. Burwell understands leading, managing and driving results in a multifaceted global enterprise with a robust commitment to customers. According to John Haley, Michael Burwell’s expertise in transformation, transactions, and finance is well matched to manage the long-term growth and integration efforts of Willis Towers Watson to help the company realize its full potential.

 

Before this new position at Willis Towers Watson, Mike Burwell spent about 31 years serving at PwC. During his tenure at PwC, he worked on the business advisory services in the assurance practice for 11 years. Before that, he served as the Leader of Transaction Services for Automotive Industry practice at Pricewaterhouse Coopers (PwC) US. In 1997, Mike was elected as a partner and transferred to the PwC’s Detroit transaction business. He was later requested to take up the leadership position of the central US transaction business at PwC due to his accomplishments in Detroit. Mike was also the Central Region Transaction Services Leader for PwC US before becoming the Transaction Services Leader for the PwC US Automotive Industry practice.

 

Michael Burwell later got an appointment as the Chief Operating Officer and Chief Financial Officer of PwC’s US business. He also became the Vice Chairman of U.S and Global Transformation in 2012, where he assisted in creating and extending the internal shared services of PwC. Mike also oversaw different internal operations teams including Finance, Human Capital, Global Strategic Sourcing, Finance, and Knowledge Management. See This Page to learn more.

 

Mike Burwell is a certified public accountant and also holds a business administration degree from the Michigan State University. In 2010, Michigan State University honored Mike as the Alumnus of the year.

 

Visit: https://globenewswire.com/news-release/2017/08/21/1090621/0/en/Willis-Towers-Watson-announces-new-Chief-Financial-Officer.html

May 19, 2018

Randal Nardone Remains to Manage Fortress After SoftBank Acquistion

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Chief Executive Officer Dan Mudd of the Fortress Investment Group will be taking a leave of absence. So, for the meantime, the Fortress Investment Group appointed Randal Nardone as the Interim Chief Executive Officer. He will assume the duties of a CEO without delay. Randal Nardone is 55 years of age, and he was listed on the Forbes Magazine’s “World’s Billionaires” in 2007. At that time his net worth was $1.8 billion. He is a Principal and Co- Founder of the Fortress Investment Group, which je joined in 1998. His billionaire status came to be when Fortress became a publicly traded company during the early part of 2007. He similarly served as the investment firm’s Board of directors ever since November 2006. Randal Nardone’s past professional experience comprises being a managing director of UBS, and before he joined the great Swiss Bank, Nardone was BlackRock Financial Management’s principal. And before that, he was Thacher Proffitt and Wood’s executive committee member and partner.

Nardone completed his bachelor’s degree in science at the University of Connecticut. He also has a Jurisprudence Degree from the Law School of Boston University. The SoftBank Group Corporation or SBG publicly broadcasted that is has finally sealed the acquisition agreement with Fortress Investment Group. Softbank paid $3.3 billion cash in order to have the investment firm under its wing. After the transaction, SoftBank and its affiliates will be in possession of the overall outstanding shares of Fortress. The finalization of the deal construes the fulfillment of all the stipulations, which similarly includes the receipt of all compulsory supervisory endorsements as well as the consent of the Fortress’ shareholders on the 12th of July 2017.

Relevant to the acquisition, every remaining share of Fortress’ Class A share was transformed with the right to gain $8.08/ share in cash, where the merger profits will be disseminated in agreement with the payment processes stated in the Definitive Proxy of Fortress that was dated on the 7th of June 2017, including the Merger Agreement that was integrated within. Simultaneous to the finalization of the acquisition agreement, the common stocks of Fortress have stopped trading on the New York Stock Exchange, and will be deleted from the list of publicly traded companies. The financial statements of Fortress will be included in SoftBank’s financial statements, and it will publicize the effect of the consolidation as needed. Pete Briger, Wes Edens, and Randal Nardone will remain to oversee Fortress, which will operate independently from SoftBank.

May 6, 2018

Michael Burwell’s Experience Helps Willis Towers Watson Thrive

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Willis Towers Watson has always tried to ensure they’re doing things the right way. The company knows a lot about success and knows how to ensure they’re as successful as possible. While Michael Burwell knew this when he started working with Willis Towers Watson, he planned to give back to the community he was such a big part of. He always made sure things were working for him so he wouldn’t need to worry about the right way to financially help the business. Michael Burwell knew a lot about business and also knew there were things he’d need to do if he was going to try and help the business thrive.

 

Even though Michael Burwell knew what he was doing, he was prepared to help Willis Towers Watson. He tried to show people they had the chance to experience all the best opportunities and all the things that would help them grow as a community. Michael Burwell knew he had to always give people a chance to experience the best parts of the industry. For Michael Burwell, the point of helping people was giving back and making Willis Towers Watson the best company it could be. He wanted to show people they had options.

 

Since Michael Burwell knew what he was doing and knew there were things that he could learn from the industry, he was prepared to give back in every way. It was his idea to keep helping people with the options they needed. It was also something he was confident in when it came to the options he had in front of him. For Michael Burwell, the point of the business was to give back so he wouldn’t need to try different things. It was his goal to always give everyone the things they were looking for.

 

Willis Towers Watson benefitted from the options Michael Burwell gave them. The company saw his as the greatest CFO they had. It was also something that allowed him to expand his knowledge. While he knew a lot about running things as a CPA, this was the first time he had a chance to perform as a CFO. Michael Burwell knew he had to try different things. He also knew he had to make a point of helping people realize they had more than what they did in the past. Because Michael Burwell knew what he wanted, he felt good about things that he did for everyone. Visit This Page for related information.

 

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April 9, 2018

Michael Burwell Brings Years Of Experience To Wilils Towers

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Michael Burwell, the CFO of Willis Towers Watson India Careers, has a diversified background. His time spent at his former job shows his loyalty and commitment to the financial industry. He worked for Pricewaterhouse Coopers LLP for over thirty years and wore many hats during his time there. Raising through the ranks, he started as the Chief Financial Officer, the Chief Operating Officer, and the Vice Chairman. He had experience in everything from auditing to financial planning when he worked for his former employer and brought all of those experiences to his job with Willis Tower.

 

It would seem Michael Burwell has had a plan for greatness from a young age. After graduating with a bachelor’s in business administration at Michigan State, he went on to hit the ground running consuming everything he could from each role he took on. In addition to auditing, he helped with transformation, due diligence before a merger, and offering innovative business solutions to help his clients succeed. He brought over ten years of auditing and transaction advisement services to Willis Towers. He says the former CFO has left him in a great place and the company can continue to thrive.

 

Willis Towers is a financial solution company that helps businesses in over one hundred companies worldwide. Roger Millay, the former CFO, retired in October of 2017 to make way for a new leader. The Chief Executive Officer, John Haley, said he’s excited to work with Michael Burwell and is looking forward to him bringing some of the things the company doesn’t have already. He lists his experience managing clients across the world and helping with auditing as great attributes to the company. On his side, Michael Burwell is excited about working with a company that has an inclusive culture and great leadership.

 

Willis Towers is known for giving solutions to companies to help them succeed and grow as a business. They manage the human capital of the company and the financial side. Michael Burwell has fit in well with the company and has kept the stock and the reputation of Willis Towers Watson. They continue to improve companies all over the world and help them meet their full potential.

 

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March 26, 2018

Meet Michael Burwell: Once the CFO, COO, and Head of Global Transformation for PwC’s, U.S. Operations, Now Finds Himself In A New Role As CFO For Wilson Towers Watson

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Michael Burwell, Chief Financial Officer (CFO) of the company, Willis Tower Watson PLC, has had an impressive career in industries that focus on insurance, reinsurance and global advisory, and accounting practices. Indeed, before Burwell became CFO at Willis Tower Watson, he held many impressive roles at PricewaterhouseCoopers LLP, a firm which has been deemed the largest professional service company in the world.

 

Michael Burwell has held many senior and executive roles while working for ricewaterhouseCoopers (PwC) in the last 31 years. Some of the important roles that Burwell has had at PwC included the following: Chief Financial Officer, Chief Executive Officer, Head of the Transaction Services, and the Head of Global Transportation for US Operations.

 

PwC is headquartered in London, England and exists as a group of firms located in 158 countries as well as 740 plus locations, globally. PwC is considered one of the most prestigious accounting firms in the world and is also on the top five list for largest privately owned firms in the United States, as of 2016.

 

In regard to Willis Tower Watson PLC, Michael Burwell was hired to replace Roger Millay in October, 2017. Millay retired from Willis Tower Watson, and Willis Tower Watson chose Burwell. The addition of Burwell to Willis Tower Watson was to help bring leadership, and also to provide a key element to the company’s evolution, as noted by Burwell’s boss and CEO, John Haley.

 

Burwell’s addition to Willis Tower Watson as CFO, will also bring key business knowledge and expertise in areas of leadership, management, as well as a results-oriented mindset. Current CEO of Willis Tower Watson, John Haley, noted that Burwell’s expert skills in finance, transactions and transformations is well matched to advise them about long-term growth, and remaining endeavors concerning key integrations. CEO Haley is keen on Burwell’s leadership helping the firm attain its full potential. Visit This Page for related information.

 

Mike Burwell earned his bachelor’s degree in Accounting from Michigan State University (MSU) in 1986. He is also a certified public accountant (CPA), which helps bring an extra dynamic of specialization to complement his other skill sets. Burnell received a Distinguished Alumni Award from MSU and announced a large money contribution on behalf of PwC’s US Operations sector, to MSU in 2010. This pledge by Burnell and PwC involved donating $500,000 over a five-year span to the Accounting and Information Systems department in the Eli Broad College of Business.

 

See: https://www.michaelburwellpoet.com/about

March 12, 2018