Terry Smith floats Fundsmith head of research as potential successor
Fundsmith CEO has outlined plans to redistribute his majority stake to staff when he eventually departs
Fundsmith CEO Terry Smith has laid out plans to hand over his share of the business to staff when he eventually steps down and floated head of research Julian Robins as a potential successor.
Although Smith is not stepping down from the investment boutique he founded over a decade ago, he outlined his plans for the eventuality at the Fundsmith Equity AGM yesterday.
Smith named head of research Robins, who has been at Fundsmith since its inception in 2010, as “the first line of defence in terms of succession”. Robins previously worked for BZW both in London and New York, before founding Collins Stewart’s New York office in 1999.
Man rescued from Trinity River by good Samaritan, Forney first responders
Man rescued from Trinity River by good Samaritan, Forney first responders
When rescuers found Harold McQuaggle clinging to tree limbs, they knew they didn’t have much time. But first responders and a good Samaritan didn’t hesitate to jump in.
FORNEY, Texas - When rescuers found 68-year-old Harold McQuaggle clinging to tree limbs Saturday, they knew they didn’t have much time.
But first responders and a good Samaritan didn’t hesitate to jump in. I was running back and forth across this bridge trying to figure out how to get down here, the good Samaritan, Daniel Washburn, recalled.
Updated on February 28, 2021 at 10:55 pm
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Forney first responders and a good Samaritan jumped into action Saturday afternoon to rescue a man who had been swept away by the strong current of the Trinity River.
Officer Laramie Kennedy got the call around 3:50 p.m. of a man stuck in the rushing water and went to U.S. Highway 80 at the Trinity River Bridges to try to find him. Kennedy saw a partially submerged but empty truck in an overflow area.
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An elderly man grabbed onto tree roots and called 911 after he was swept into the Trinity River, Forney police say I just saw a guy that looked like he needed a hand and I thought that I could help out, said Daniel Washburn. Author: Jennifer Prohov (WFAA), Kevin Reece Published: 8:18 AM CST February 28, 2021 Updated: 11:01 PM CST February 28, 2021
FORNEY, Texas
Updated at 10:59 p.m. with additional quotes.
A 69-year-old man survived a Saturday plunge into the East Fork Trinity River thanks to Forney police officers, firefighters, EMTs and a good Samaritan who stopped for help.
Forney police said the man, who was not named, got lost sometime Friday along Highway 80 near Clements Drive. His car got stuck in high water and mud on the north side frontage road near the west bank of the river.