When PIMCO CEO Mohamed El-Erian was confronted by his daughter with a list of milestones and important family events he missed, he reconsidered his life and career goals and decided to step down. Here’s his story, and why it represents another indicator that work-family balance is a dads’ issue, too.
Hopefully, as companies give more attention to the importance of work-life balance, more and more people will be in a better position to decide and act more holistically on what’s important to them -Mohamed El-Erian
About a month ago, Max Schireson stepped down as CEO of booming internet database company MongoDB. CEOs step aside for a variety of reasons, but Schireson’s was noteworthy- he publicly declared his decision as one he made so he could be a more involved father, and he also used this opportunity to speak to the larger issue of the work-family challenges faced by dads. I reported on this story when it broke and also interviewed him for the Wall Street Journal about his reflections on the decision a few weeks afterwards.