Boards Randal Nardone serves on- Mr. Randal is the co-founder of Fortress Investment Group LLC which was established in 1998. He also serves various boards due to his credentials and is currently serving as the firm’s Chief Executive Officer since August 2013. Since 1998 to date, Randal Nardone has served as the principal in Fortress Credit Corporation. He also serves as the president in Ncs 1 Llc and Springleaf Financial Holdings, LLC where he is also the Chairman. Randal is Vice President and secretary in the board of Newcastle Investment Holdings LLC. He also founded the Fortress Investment Fund IV, L.P. as well as Fortress Investment Fund V, L.P. where he is Chief Executive Officer, Principal and Chief Operating Officer. So far, according to public records, Randal Nardone has been associated to be in the board members of forty-seven companies. All the companies have been founded in a spun of twenty-two years having the latest company formed in September of 2014. Most of the companies, however, have been recorded as inactive in the recent years with only eight of them registered as active. Thirty-nine companies are dormant.
Nardone has also acted secretary of Newcastle since it was formed. He became interim Chief Executive Officer at Fortress Investment Group LLC on December 2011 where he serves to date in the same position. He is also the director at Brookdale Senior Living, Inc., Alea Group Holding (Bermuda) Ltd., GAGFAH S.A. as well as Eurocastle Investment Limited. Nardone was initially acting as a managing director at UBS from May 1997 to May 1998. Before 1997, he worked as principal of BlackRock Financial Management, Inc. as well as serving as a member of the executive committee at Thacher Proffitt & Woodlawn firm. Since 2006, Randal has also served as a board member at an investment firm.
Randal Nardone was listed by Forbes’ magazine’s in the “World’s Billionaires” in 2007 has a net worth of about $1.8 billion. He first hit the billionaire list in 2007 after the company IPO having been part of the “Fortress Five.” Ever since 2007, Randal has not been listed in the top billionaire’s club. Meet Fortress Investment Group’s Ex-Billionaire Interim CEO