The One Planet Award Gold Winners for 2017 have been announced, and Troy McQuagge has been named as the CEO of the year. This news is hardly surprising considering the work that he has done and the results he had with USHEALTH Group, a company that was practically throwing its last kicks when he took over as president and CEO in 2014. He served with the company as part of USHEALTH Advisors, the captive distribution arm of the company and it is his success at rebuilding this arm and turning it around to profitability that led to his promotion to the position that he now holds.
The One Planet Awards is a premier awards ceremony that is held once every year. The purpose of the awards is to recognize and award teams, top executives, innovative services and products as well as marketers from different organizations and operating in different parts of the prize. While accepting the award, Troy McQuagge described it as a special honor especially because it meant that his work was being recognized and appreciated by his peers. But, in a great show of generosity and the team atmosphere at the company, he added that the award was for the entire team at USHEALTH Group. This is because the group worked so hard to make the business successful in the recent years.
US HEALTH Group, Inc. is one of the biggest insurance holding companies in the US and has its headquarters located in Fort Worth, Texas. The company focuses on providing innovative insurance solutions within the health sector for small business owners, self-employed individuals and people who do not have a regular job.
Troy McQuagge has more than thirty years of experience working in sales related positions. From 1983 when he started his career selling health insurance covers at Allstate Insurance, Troy rose slowly up the ranks through sheer hard work, joining the Health/UICI market in 1995, moving to USHEALTH Group in 2010 and rising to the helm of the company in less than half a decade.
According to Tim Armour, the aspect of Warren Buffet putting up cheap investment in the prospect of achieving viable long-term investments is the best choice, especially in this economic period where everyone wants to invest money somewhere.
The hedge fund is the most famous investment pool, but the way they are going about it is wrong. Warren Buffet is an investment guru himself, and Tim argues that his prospect of a more productive long-term investment than a short unsure one is the best considering the volatility of the markets. Today, people are making their own investments, and in this 401(k) generation, Warrens $1 Million stake is a sure bet.
Tim Armour was worked his way up the hierarchy in Capital Group for thirty-four years. After he graduated from Middlebury College with a BSc in Economics, he joined the conglomerate as a member in the Associates Program in 1993 and was gradually upgraded to various positions and finally to the Chief Executive Officer in 2015.
On his two cents about investment, he counsels that investors do not have to feel comfortable about putting their money on the biggest players in the industry at the moment, rather on the companies with the most potential, giving examples with Netflix and Blockbuster at the beginning of the millennium.
Samsung Asset Management and Capital Group formed a partnership with the aim of developing a resolution for retirement and asset investment choices. Tim was quoted to say the collaboration would provide a broad strategy to the investment industry in Korea.
When commenting on the September 2015 market selloff, courtesy of economic go-slow in china, Tim said it was a much-needed action, which would stabilize the markets and manage the surplus stocks and money.
People may have been worried about him filling the big shoes but he seems to be doing just fine, and the world should expect greater things from him.
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