Capital Group Told Him: "Go Build It." Years Later, He Became CEO
Before Mike Gitlin left T. Rowe Price for Capital Group, he made clear what it would take to build the firm’s fixed-income business.
The plan would require hundreds of millions of dollars in investment, years of commitment and billions in seed capital.
Capital Group’s response: “We wouldn’t hire you if we didn’t trust you. Go build it.”
That commitment helped convince Gitlin to make the move - a decision that ultimately put him on the path to becoming Capital Group’s CEO.
Watch the full episode of "Executive Decisions with Steve Sedgwick" wherever you get your podcasts.
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The plan would require hundreds of millions of dollars in investment, years of commitment and billions in seed capital.
Capital Group’s response: “We wouldn’t hire you if we didn’t trust you. Go build it.”
That commitment helped convince Gitlin to make the move - a decision that ultimately put him on the path to becoming Capital Group’s CEO.
Watch the full episode of "Executive Decisions with Steve Sedgwick" wherever you get your podcasts.
#CNBC #CNBCPodcast #ExecutiveDecisions
-----
Subscribe: @cnbci
CNBC International Live: @cnbcinternationalive
LinkedIn: https://www.linkedin.com/showcase/cnbc/
TikTok: https://www.tiktok.com/@cnbc
Facebook: https://www.facebook.com/cnbc
Instagram: https://www.instagram.com/cnbc
Threads: https://www.threads.net/@cnbc
X: https://twitter.com/CNBC
Telegram: https://t.me/cnbc
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