CEO of USD 68 Billion Company, to resign to ‘sit at the beach and do nothing’

30-06-2022 Thu 15:17

In a surprising decision that exemplifies the emptiness that having a lot of money can bring to your life, Jupiter Fund Management CEO Andrew Formica recently made the decision to resign, sit on the beach, and do nothing. The firm claims that Formica has consistently been up front with the Board about his longer-term aspirations, which include moving back to his native Australia with his family.

According to reports, Andrew Formica has also made the decision to leave the company in order to relieve his own stress, live a life of his own choosing, and take care of their elderly parents.


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