CEO of $68 billion firm quits to ‘sit at the beach anddo nothing’ - Hindustan Times

Andrew Formica, 51, will leave the position on Oct 1 and will also resign as a director of London-based company Jupiter on that date, according to a statement Tuesday.

Andrew Formica, the chief executive officer of Jupiter Fund Management Plc, suddenly announced hes leaving the £55.3 billion ($67.9 billion) asset manager he joined in 2019. Formica, 51, will leave … [+1605 chars]

full article...