Nichola Pease has quit as boss of Jupiter Fund Management for ‘personal reasons’ after just three years.
Her sudden departure, two years after her 30-year marriage to hedge fund manager Crispin Odey ended, is likely to trigger questions from shareholders at the asset manager’s annual general meeting on May 10.
Pease, 62, joined in 2020 and will be replaced by David Cruickshank as non-executive chairman and chairman of the nomination committee.
Stepping down: Nicola Pease joined Jupiter in 2020 and will be replaced by David Cruickshank as non-executive chairman and chairman of the nomination committee
Karl Sternberg will become acting chairman of the audit and risk committee, with senior independent director Roger Yates also joining the audit and risk committee.
Pease helped guide the company through the pandemic and oversaw the appointment of Matthew Beesley as chief executive last summer after Edward Bonham Carter left.
Former head of multi-asset Talib Sheikh and investment manager Joseph Chapman also left in a restructuring.
Pease was married to Odey for 30 years before they divorced in 2021. The pair were dubbed the ‘Posh and Becks’ of the City.
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