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CEO says note from 10-year-old daughter made him quit

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first_imgFox News 27 September 2014The CEO of a $2 trillion investment fund said he made the decision to resign from his post after his young daughter wrote him a note listing 22 milestones he had missed in her life.California-based Mohamed El-Erian left his job as chief executive of PIMCO in mid-March. The 56-year-old El-Erian, who made $100 million in 2011 alone, chose to leave his post after his 10-year-old daughter wrote about all the special moments he was absent for in her life.Months before announcing his resignation, El-Erian’s daughter handed him a note that made him realize he needed to change his work-life balance, according to an essay he wrote in Worth Magazine’s June-July issue.“It was a list that she had compiled of her important events and activities that I had missed due to work commitments,” El-Erian wrote, adding that the note was a “wake-up call” for him.“The list contained 22 items, from her first day at school and first soccer match of the season to a parent-teacher meeting and a Halloween parade,” he wrote.“I felt awful and got defensive: I had a good excuse for each missed event! Travel, important meetings, an urgent phone call, sudden to-do,” he said. “But it dawned on me that I was missing an infinitely more important point … I was not making nearly enough time for her.http://www.foxnews.com/us/2014/09/27/head-2-trillion-investment-fund-quits-after-daughter-lists-family-milestones/last_img


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