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. #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