CEO QUIT HIS JOB TO SIT AT THE BEACH AND DO NOTHING

[Swatkat]

CEO of a top company has quit to ‘sit at the beach and do nothing’. Yes, you read it right. The CEO in question is Andrew Formica, the CEO of £55.3 billion (USD 67.9 billion) Jupiter Fund Management Plc . Andrew Formica, 51, will leave the position on October 1 and will also resign as a director of the London-based company on that date, according to a statement Tuesday. He had joined the company in 2019.

 

Formica suddenly announced he is leaving the company and his reason for quitting has shook the industry. After being in the UK for almost three decades, Formica wants to settle in his native Australia and wants to stay closer to his elderly parents which he confirmed his plans in a telephonic interview.

“I just want to go sit at the beach and do nothing,” he said in the interview. “I’m not thinking about anything else.” Business Standard has reported this.

As per reports, the clients of Jupiter Fund Management have pulled cash from it for four years in a row and the firm has failed to stem the outflows this year. In the first three months of the year, investors yanked another £1.6 billion, according to its latest earnings report.

However, the company has announced that Formica will be succeeded by Matthew Beesley, the company’s present chief investment officer (CIO), who will take up the role of CEO with effect from Oct 1st.

[Swatkat]

@Ladies_Tailor @Shameless @csrcsr @Spartan @Android_Halwa @hyperbole @vatsayana @kfrockz @tombayya super ga

[DesiPokiri]

Good. Why to work even after 50s? Enjoy your time and spend every last penny you earned.

[Sarvapindi]

late ga realize ayyadu but..its never too late..good for him

[Kakynada]

like a BOSS 

[Shameless]

6 minutes ago, Swatkat said:

CEO of a top company has quit to ‘sit at the beach and do nothing’. Yes, you read it right. The CEO in question is Andrew Formica, the CEO of £55.3 billion (USD 67.9 billion) Jupiter Fund Management Plc . Andrew Formica, 51, will leave the position on October 1 and will also resign as a director of the London-based company on that date, according to a statement Tuesday. He had joined the company in 2019.

 

Formica suddenly announced he is leaving the company and his reason for quitting has shook the industry. After being in the UK for almost three decades, Formica wants to settle in his native Australia and wants to stay closer to his elderly parents which he confirmed his plans in a telephonic interview.

“I just want to go sit at the beach and do nothing,” he said in the interview. “I’m not thinking about anything else.” Business Standard has reported this.

As per reports, the clients of Jupiter Fund Management have pulled cash from it for four years in a row and the firm has failed to stem the outflows this year. In the first three months of the year, investors yanked another £1.6 billion, according to its latest earnings report.

However, the company has announced that Formica will be succeeded by Matthew Beesley, the company’s present chief investment officer (CIO), who will take up the role of CEO with effect from Oct 1st.

inka mana AFDB CEO @afdb__sai Vizag beach lo everyday koorchuntademo AFDB ki resign chesi and mana @psyc0pk uncle ni CEO chesindremo anukunna...

chasss Swatty...you disappointed me..

[Swatkat]

Just now, Shameless said:

inka mana AFDB CEO @afdb__sai Vizag beach lo everyday koorchuntademo AFDB ki resign chesi and mana @psyc0pk uncle ni CEO chesindremo anukunna...

chasss Swatty...you disappointed me..

Ah vizag beach endhuku bro asalu indua lo eh beach ina akada waste vache poyevadu edho donga anukoni report chestharu. Vere edhanna country chuskdam better

[Kakynada]

1 minute ago, Sarvapindi said:

late ga realize ayyadu but..its never too late..good for him

48 age late ? you high bro ?

 

[Swatkat]

18 minutes ago, Kakynada said:

48 age late ? you high bro ?

 

Actual correct age happy ga 60 plus daakha enjoy cheyochu.

[hydusguy]

16 minutes ago, Swatkat said:

Actual correct age happy ga 60 plus daakha enjoy cheyochu.

40 ke hattack vastunay ..manaku 45 retirement better

[Galactus]

machi pani , all achievements are made up anyway , antha sollu ee yearly performance reviews , appraisals , rewards and swards , 

If you have money , people should enjoy not working , why work yourself to death with all the stress that is there in corporate jobs these days..

[Sarvapindi]

1 hour ago, Kakynada said:

48 age late ? you high bro ?

 

He is 51…n millionaire already…45 ke retire avvalsindi..

[chandrabhai7]

Idi cheyali Antey marriage kids tho kastam. 

[Swatkat]

1 hour ago, chandrabhai7 said:

Idi cheyali Antey marriage kids tho kastam. 

Pellindha veediki?