The position that Brett Cairns holds as Chief Executive Officer of Magellan Financial Group is the one for which he is most known. He has a significant amount of experience working for the organization.
During Brett’s tenure at Magellan, the company’s global fund was subjected to the very worst performance in its entire history.
Brett Cairns: Why did Brett Cairns Resign from Magellan?
After many years of poor performance in its primary investment product and the appearance of cheaper rivals, the unexpected departure of Magellan’s CEO has caused investors to express concern over the fund manager’s capacity to sustainably produce a profit in the foreseeable future.
Brett Cairns joined Magellan in 2007 and served as executive chairman for three years before assuming the leadership at the company for two years. On Monday evening, Magellan announced that Cairns will resign from his role as CEO and leave the company immediately following his tenure there. According to Magellan, Cairn left the company for “Personal Reasons” when he retired. Even if the reasons behind this are unclear, it is possible that he would want to spend time with his family. In addition, there is a paucity of information about his family, which has further complicated the problem.
Brett Cairns: His Age, Family and Early Life?
It is generally accepted that Brett Cairns is between the ages of 55 and 60. He has not disclosed any information regarding his private life as of now. As a result, the specifics of his birthdates, birthplace, and parents remain unknown to us. We are operating on the assumption that he wants to keep a low profile.
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Before becoming the group’s Chief Executive Officer, Cairns served as an executive chairman in the organization for a period of three years. Within a company, he was an integral part of the process that resulted in the creation of “exchange-traded products.” He has been an outstanding person throughout his career in the business world. Before leaving the business, Brett was a staunch supporter of the success that was being made at the company.
Brett Cairns: School and College, Where did he attend?
He received a Bachelor of Engineering from the University of Sydney with First Class Honors, a Master of Business Administration from that institution, and a Doctorate of Philosophy from same institution.
Brett Cairns: Net Worth? How much money does he make?
It is believed that Brett Cairns’s net worth is somewhere in the neighborhood of $1.7 million.
Brett Cairns: What does he do for living? His Career?
After serving as Non-Executive Chairman of Magellan Financial Group since 2013, as well as on the boards of Magellan Financial Group and Magellan Asset Management since 2007, he was promoted to Executive Chairman of Magellan from 2015 till 2018 and served in that capacity until 2018. Dr. Cairns started his professional career in 2002 with Babcock & Brown, where he eventually became a co-head of the Capital Markets Group within the Structured Finance department.
Between the years 1994 and 2002, he worked at Merrill Lynch in Australia in the roles of Managing Director and Head of Debt Capital Markets. Before he started working for Merrill Lynch, he spent the previous three years as an employee at Credit Suisse Financial Products, which was the derivatives bank for the Credit Suisse group.
Brett Cairns: His relationship status? His Spouse? Children?
Based on his age, I can safely assume that he is married and has some children.
However, he has not yet disclosed any information on his marital life. We have reason to believe that he want to maintain a low profile.
Brett Cairns: Is he available on any social media platform?
At this time, we do not have any information on his social media profiles to share with you.
Brett Cairns: His physical appearance.
Brett Cairns: His general information.