British-educated investor resigns after daughter,10, hands him list of milestones he’s missed – Telegraph

British-educated investor resigns after daughter,10, hands him list of milestones he’s missed – Telegraph.

“But it dawned on me that I was missing an infinitely more important point. As much as I could rationalize it — as I had rationalized it — my work-life balance had gotten way out of whack, and the imbalance was hurting my very special relationship with my daughter. I was not making nearly enough time for her.”

Mr El-Erian’s punishing work hours as CEO of Pimco have been widely reported. Friends said on an average day his alarm clock went off at 2.45am. He then arrived at the office by 4.15am, returned home to his family about 7pm, before eating and going to bed around 8.45pm.

Since resigning from the company, which oversees assets worth more than $1.9 trillion, California-based Mr El-Erian said he has taken a “portfolio” of part-time roles which give him greater flexibility. He and his wife take turns in taking their daughter to school.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s