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Ameriprise Financial Appoints Armando Pimentel, Jr. to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Ameriprise Financial, Inc. (NYSE: AMP) announced the appointment of Armando Pimentel, Jr. to its board of directors, effective September 15, 2022. Pimentel, previously the CEO of NextEra Energy Resources, brings extensive experience in finance and strategy. His background includes roles as CFO at NextEra Energy and a partner at Deloitte & Touche. The chairman, Jim Cracchiolo, expressed confidence in Pimentel's ability to contribute valuable insights to the board. Ameriprise has a longstanding history of providing financial services, serving a diverse range of clients for over 125 years.
Positive
Armando Pimentel's extensive experience in finance and strategy enhances the board's expertise.
His leadership background with NextEra Energy may offer fresh perspectives and insights for Ameriprise.
Negative
None.
MINNEAPOLIS--(BUSINESS WIRE)--
Ameriprise Financial, Inc. (NYSE: AMP) today announced that Mr. Armando Pimentel, Jr. has been appointed to its board of directors, effective as of September 15, 2022.
Mr. Pimentel served as president and chief executive officer of NextEra Energy Resources, a subsidiary of NextEra Energy, Inc., a leading provider of sustainable energy generation. He also served as executive vice president, finance and chief financial officer of NextEra Energy and was a member of the board of NextEra Energy Partners, L.P. Prior to joining NextEra Energy, Mr. Pimentel was a partner at Deloitte & Touche and an accounting fellow with the Office of the Chief Accountant of the U.S. Securities and Exchange Commission.
Mr. Pimentel earned a BS degree in accounting from Florida State University.
“My fellow directors and I are extremely pleased to welcome Armando to the board,” said Jim Cracchiolo, chairman and chief executive officer. “Armando brings substantial experience and insight to Ameriprise, including expertise in finance, public accounting and strategy within a large, diversified company. The board of directors and our executive leadership team look forward to working with him.”
At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs.
Who is Armando Pimentel and what is his background in finance?
Armando Pimentel, Jr. is the newly appointed board member of Ameriprise Financial, with previous roles as CEO of NextEra Energy Resources and CFO of NextEra Energy.
When was Armando Pimentel appointed to the board of Ameriprise Financial?
Armando Pimentel was appointed to the board of Ameriprise Financial effective September 15, 2022.
What impact might Armando Pimentel's appointment have on Ameriprise Financial?
Pimentel's appointment may strengthen the company's strategic direction and financial oversight due to his vast experience in large, diversified companies.
