Randal Nardone is one of the founders of Fortress Investment Group LLC which was established in 1998. Randal started serving as the company’s principle in 1998 while he became the CEO in 2013. Mr. Nardone is still the president of Ncs 1 L1C. Randal is also the chairman and president of another company called Newcastle Investment Holdings LLC. Randal also co-founded Fortress registered Investment Trust where he serves several executive roles such as secretary, Vice President, CEO, and Principle.
It is also worth noting that Mr. Randal worked in other big companies such as RIC Coinvestment Fund LP where he served as the Secretary, Portfolio Manager, and Chief Operating Officer. Randal Nardone also joined Newcastle Investment Corp as its Secretary in 2002 and became the company’s Vice President in 2016. Since 1999, Randal has been serving executive roles at IMPAC Commercial Holding Company such as being its Secretary and Chief Operating Officer.
From 1997 through 1998, Nardone served as the Managing Director of UBS not forgetting to mention that he served at BlackRock Financial Management Company as its Principle. At Thacher Profit & Wood, he was a partner. Since 2008, Nardone has been serving his role at Florida East Coast Holdings Company as its director. Other notable companies that Randal Nardone has served in senior positions include Alea Group Holdings Bermuda Ltd., Mapeley Limited, Springleaf Holdings, doBank S.p.A, and Brookdale Senior Living Inc.
Randal attended the University of Connecticut where he pursued Biology and English. Additionally, Nardone attained his Doctor of Jurisprudence from Boston University. Randal was born and raised in the US. Nardone family is made up of his wife and one child. Currently, Nardone lives in New York. Together with his business partners namely; Wesley Edens, Michael Novogratz, Briger Peter, and Kauffman Robert, they recently became billionaires. Since 2005, Randal has earned an extra $100 million in cash payouts.
Nardone joined the Forbe’s magazine list of billionaires in 2007 with a net worth of $1.8 billion. As Mudd left the Chief Executive Position at Fortress Investment Group, Randal was immediately announced as the company’s new CEO. Randal’s has worked in numerous companies where he earned invaluable experiences from his success and failures. His outstanding leadership and management qualities make him an excellent choice for most companies. Nardone is an achiever since he has served in eight organizations as a board member. Since the organizations he has worked with cut-across 20 different industries, Nardone has gained a lot of skills and knowledge that make him a great leader.
About Randal Nardone: www.crunchbase.com/person/randal-nardone