"Another Fat Manager With A Clipboard". Slang we use at work when there's a new manager walking around (usually with a good spare tire going) carrying the "middle mgr wannabe board". Pronounced similar to "Aflac" (an easy cover up should the manager happen to hear you).
"Hey John, shut your browser down quick, AFMWAC.....oh, hey Bob, how's it going today? Looks like we're hittin' our numbers again this month, huh? Cool, see you at the two-o-clock...... Pssst, John, AFMWAC...coast's clear...."