IT'S STILL BLUE SKIES FOR BLUE SKY AS SOWERBY DEPARTS
Written on the 19 August 2016 by Laura Daquino
BLUE Sky Alternative Investments (ASX: BLA) managing director Mark Sowerby is leaving the company he founded on a high note, recording a 57 per cent profit rise.
"As a founder you have a limited life cycle and the challenge is to not go too early or too late," says Sowerby.
"My decision reflects the ongoing growth and performance we see in the business and team, the foundations of a strong balance sheet and investments, and the incredible structural tailwinds in the sector. The last few years we have grown at 50 per cent per annum, and we see no reason for that to slow down.
"The best time to really dive in is your mid- to late-30s when you still have your energy and enough experience to make a difference," says Sowerby.
"Robert is a great talent with real clarity of thought - he is fantastic at making 100 decisions a day, and that's what we need. He's a natural leader.