#board

We are all just pawns in this RTO bs game designed to make people so miserable they quit while also propping up real estate portfolios of black rock, Stankeys overlords. He has no original thoughts or ideas. He just does as he’s told to do, and the board is complicit. This company is just about dead, and Stank is the most commonly hated CEO in the world. Nobody believes in him. He’s proven time and time again that he is nothing but a loser with his buy high sell low tactics. He’s burned billions and needs to be held accountable.

MOC CFO replaced after just 2 years! Atleast it’s nice to see our competitors actually keeping their leadership accountable!

L3Harris had several rounds of layoffs this year, to artificially inflate their stock price, to ensure that the Board Members got their bonuses. I find it very interesting, now that the bonus checks have been mailed out, that L3Harris is hiring again. Coincidence? You be the judge.

I am a former trustee and graduate of Johnson & Wales University (class of 1973). I served as a trustee for over seven years and during that time worked to be a proper fiduciary of the university. I applaud your June 23 article “The Rise and Fall of Johnson & Wales University.” The article fully captures my personal frustration with university leadership, most significantly Chancellor Mim L. Runey.

As a first-generation college graduate, I also established an endowed scholarship in my family’s name to benefit students coming from a background similar to mine, who are looking to get into a finance/business-professional role.

When I resigned my role as trustee and chair of the academic subcommittee a couple months ago, it came as a result of frustration not only about moving the academic needle and managing my endowed scholarship but about the loss of over 30 established academic leaders over the years. These leaders were not included in the recent staff/faculty terminations mentioned. These academic leaders were brought in to build and develop key programs not part of Culinary. Most lasted a year or more and then suddenly were no longer part of the university.

The root of the problem at Johnson & Wales is Chancellor Runey. People are afraid to challenge her for fear of retaliation and dismissal. Her friends thrive, but many are just afraid to challenge and speak up for fear of being ostracized. Many of these people have gone on to other colleges and universities to build very innovative programs. Just look at the recent promotion of Joe Greene to president. I have great respect for Joe in his financial leadership. But for Joe, JWU would have collapsed years ago. My point is that the university at the board’s direction should have used the opportunity to build an effective bench with some new talent who could possibly serve as a replacement for Chancellor Runey. The time for fresh talent and ideas is now.

It is a shame that proud graduates, like myself, are watching the collapse of what was a fine institution. The university led culinary arts for many years, only to then fall to a distant second or further behind the Culinary Institute of America and to two-year institutions popping up all over the country. They lost their way and bet it all on one-dimensional education, favoring Culinary and Hospitality. They have all but abandoned the very foundation of their business, education.

This is my first external outreach. I have written several letters expressing these issues to the board chair and vice chair but receive little if any response.

Thank you for caring enough to write this piece. We all hope that the university can find its way, but each day I become less and less certain they will without bold moves.

• Philip Renaud, Johnson & Wales University, Class of 1973

Goldman Sachs found that layoffs now lead to stock price losses. Will the board learn from this?

https://fortune.com/2025/12/25/goldman-sachs-research-ceos-layoffs-stock-price/

And please, dear trolls: stay away.

The people who could actually make a difference are the ones being let go, while executives keep making the same mistakes and rewarding themselves. The board should be stepping in, but it feels like no one’s paying attention. It’s exhausting to watch a company with so much potential get mishandled over and over.

New year predictions…?

• Wael runs away
• the board finally reins Wael in
• Wael’s plans for more decimation of the company stop
• We do an about face and start acquiring other businesses
• We decide to only become a trading business like Vitol
• Wael finally takes a bet

Place your bets!

Bill and his Board of Bandits continue to throw things against the wall hoping something will stick to get share price up.

He likes to hire cheap Indian labor. Good Luck Americans. You are going to need it!

No

I received an email, same as all you, asking for ideas. A similar email was sent by Hans. I also gave sincere feedback during Pulse. Multiple submissions in Ideas at Work.

For over a decade, I have tenured ideas. Also for over a decade, I have cautioned leadership regarding the clear missteps that they were making. It was tempered at first, but was amplified when Hans was hired. There were many red flags.

"The plan will be presented to the board for them to approve.". Yes, that's how corporations work. Hans did the same, and how did that work out? The signs of the impending failure were obvious.

So the root of the issue are those that do the hiring of the CEO. The board needs flipped.

Annual sales declines of 2.6% for the past five years show its products and services struggled to connect with the market

Earnings per share decreased by more than the revenue over the last five years, showing each sale was less profitable

8× net-debt-to-EBITDA ratio shows it’s overleveraged and increases the probability of shareholder dilution if things turn unexpectedly

When do the Board declare no confidence in them ?

Hi friends. I have it on good authority that layoffs are confirmed for early 1Q 2026 immediately following the holidays. My source said the board recently signed off on the plan of “execution”. Also a major topic of discussion was to relocate the HQ back to Spring TX due to quality of hires found in Oklahoma. This was a similar strategy of our former company, Southwest Energy said they could hire much better Engineers from A&M and the land people from Okie were non consequential hires basically. Although this appears to be a long term plan for Expand after the dust settles from this 25% layoff. I’ll keep this forum updated with more news and stuff. Happy Holidays, y’all!

What did the board do these oast years? Allow the worst decisions. How they fixed it? Unload 13+ of the employees 🤬 - oh, and come to sip a cuppa coffe in front of every employee

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VZ board member compensation varies, with independent directors typically earning around $335k-$365k in cash for 2024, while Chair Mark Bertolini and CEO Daniel Schulman received higher amounts, alongside stock awards; specific figures show Clarence Otis Jr. earning over $410k cash, and others like Carol Tomé and Vittorio Colao earning $335k, with amounts reflecting their roles, though total compensation (including equity) differs and requires review of proxy statements. 

Key Board Members (as of late 2025):

• Daniel Schulman: Chief Executive Officer (CEO).
• Mark Bertolini: Chairman of the Board.
• Hans Vestberg: Special Advisor & Board Member.
• Roxanne Austin: Director.
• Vittorio Colao: Independent Director.
• Laxman Narasimhan: Independent Director.
• Carol Tomé: Independent Director (UPS CEO).
• Shellye Archambeau: Independent Director (MetricStream CEO).
• Jennifer Mann: Independent Director (Coca-Cola EVP).
• Caroline Litchfield: Independent Director (Merck CFO).
• Clarence Otis, Jr.: Independent Director (Darden Restaurants). 

it seems the actual CEO is absent from the EC committee, and she seems to only be present as a cheerleader, and absent from any meaningful actual leadership. Does the board make all the seemingly confusing decisions? is it made in a vacuum by Mason or Gibson? I'm genuinely confused as a a newer employee here...

Surprised to see Gina’s internal email in the press already! 😀.

Will be interesting to see how the board addresses this in the all hands next week and their comments on share price + continued transformation.

Haven’t popped into Layoff for many months. Come in today and the last comment is like 4 months old. Did RVBD close the doors? Does the corpse have a pulse? Can someone provide an overview of what’s going on? How have the last couple of quarters been? Any key people left? Anybody buying anything? Anybody ever buy the AI thing? Clue-in us formers!

Layoffs are a distraction to allow the executive board to maximize their own bonuses. And their actions are vindictive towards employees.

The share price is plummeting and is likely to drop below $200 soon. SAP's AI initiative Joule is receiving poor feedback from customers and has less than 5% active adoption rate within SAP. Recent acquisitions like Signavio, Leanix and Walkme seem more focused on pushing their DEI agendas than an actual integration. Development managers are being replaced by hr personnel in HPOM. There is a disconnect in projected profiles due to high order volumes but extremely low adoption rates and upsell. Competitors are justifiably taking legal action over clear instances of copying and infringement. Meanwhile the budget for annual salary appraisals is slashed to an all-time low and there are rumors that bonuses will be capped at 50% next year. The new performance management is giving more power to bad managers and only employees who have a good relationship with their managers can now expect a decent bonus. Free cash flow is funneled into share buybacks, dividends and hefty bonuses for the executive board. Less cash means that employee benefits will lower even further in 2026.

In any other organization, such a situation would trigger a complete board overhaul and the establishment of a solid long-term strategy aimed at stabilizing stock prices and fostering growth over the next five years.

But not at SAP. The executive board seems more inclined to discuss further layoffs and say derogatory and controversial statements in every interaction. Despite all this, they will get the highest bonuses ever.

There are simply NO CONSEQUENCES for their actions. It's disheartening to witness a dysfunctional executive board that prioritizes its own interests over the company's well-being and employee trust.

https://www.crn.com/news/channel-news/2025/insight-ceo-joyce-mullen-to-retire-leading-insight-has-been-the-pinnacle-of-my-career

It’s time for CL to follow suit here I mean c’mon man — What are she and the board waiting for? How much lower and worse, respectively, does the stock and culture have to rot before she’s out?

Well, over the past month we watched our stock just tumble and tumble.... and then tumble some more and watched our stock investments just collapse.

I initially thought the price would see a hold before it got to $250 per share - but didn't happen. Now we are well on our way to $225 per share and at the rate the stock is falling it is well possible that we can crash to $200 by end of year ( next 5 weeks).

Which then begs the question, how low will stock price go before our Board has to take very aggressive measures to curtail the investment losses ( and protect themselves)?

I think at this point the Board was already in discussions to implement layoffs in Q1/26 but at the steady rate the stock is falling combined with a global economy that shows significant signs of the onset of a recession, I am fearful the layoff discussions the Board is having will very well have to be amped up even higher to offset the stock collapse.

Making matters even worse, our Board could not have picked a worse time to shut down our ERP Maintenance biz, which has been the stalwart of a very profitable and steady income stream - we will all live to regret this move.

Good luck and best wishes to all of us!
The worst thing at the worst time of the year!
Shame on you Board and Dan! Had the board been stronger and not rubber stamping all of Hans’ hires and ideas - we may not be in this mess.

These ongoing fall massacres aren't "just business" any longer, it's a dark triad. The 2 years of psychological warfare leaders architected isn't "just business". If it was, the original cuts would have produced the OneTru promise. Both VA and CC failed. Why the board of directors won't hold them accountable is suspect. This time, every corner of the organization is impacted because the heartbeat of the company, which is technology, has been dismantled by this board and their two henchmen. I also want to add that anyone working in HR needs their head examined. Having a global workforce operate every day out of fear is sickening. I urge everyone, whether you made the cut or not, to share your TU reviews online as employees. We all loved working at TU at one point, share what has changed and may God bless each of you in your journey.

Interesting they cut the Dividend on the Common Stock by 90%, yet retained the $20 payment on the Preferred Stock.

No coincidence of the Preferred Stock holder being DD and his man is the Chairman of the Xerox Board.

There was a lot of positive feedback to the CEOs blunt and honest call a few weeks ago, even with him flat out saying there would be layoffs and that his plan would be ready in 22 days...which put it right around the 20th.

What happened? Did people lose their minds or did this board suddenly get filled with dummies? I'm seeing a lot of comments from people who dont deserve any severerance.

It su-ks but buckle up and push on.

Kelly is imploding quickly- layoffs continue and those who aren’t being let go are jumping ship. The historical values Kelly was known for no longer exist. Thankful Peter is out - now if Chris and the board take their blinders off and Tammy follows quickly AND Chris can find it in him to execute fundamental leadership skills, maybe there’s a chance to recover what was once a noble company.

Look at their board. Lots of people mad!

Will the Chairman of the Board ever be held responsible for the Clown Circus that FF has built?

SAP is presenting a formal offer in an attempt to resolve the antitrust inquiry. In the past, SAP claimed to be compliant and to follow the antitrust procedure. However, since Celonis filed a lawsuit, this has gained momentum and it is unlikely that the probe will be resolved. The US has also criticized the commission for allegedly targeting US businesses. For the sole purpose of making a point, they might wish to fine SAP.

The board won't give up its bonuses, and SAP has little cash on hand. Can you guess where the funds will come from?

Layoffs every year. And reduction in yearly appraisals. The latter is easy to do with the new “performance management” system.

I hope Mike and the board invoke the clawback policy to recoup the compensation paid to Frank and Bob Hau over the past couple of years. They knew the growth projections and guidance were wildly unrealistic. It would be therapeutic to have them held accountable.

When, oh when, will the Board fire this clown 🤡

The real issue isn’t whether the Vawn assets are “material” to Cenovus — it’s whether the special compensation or arrangements Strathcona received from Cenovus are material to other MEG shareholders. That’s the question investors deserve answered.

If certain insiders or counterparties benefited from discounted asset valuations or side-terms, why shouldn’t ordinary shareholders receive an equivalent uplift in share value?

The Board’s defense — that the Vawn assets represent only a small percentage of Cenovus production — completely misses the point. Materiality is judged by what matters to MEG shareholders, not by what’s convenient for Cenovus or its advisors.

The optics here are troubling. The absence of transparent disclosure around valuation assumptions, fairness opinions, and board deliberations raises serious questions about whether all shareholders were treated equally.

Worse, the MEG Board attempts to justify its decision by hiding behind the advice of its financial advisors, BMO and RBC. Outsourcing judgment is not fulfilling fiduciary duty — it’s the opposite. Shareholders rely on the Board to defend their interests, not to delegate accountability.

It’s time for the Alberta Securities Commission and the SEC to take a hard look at whether this process truly met the standards of fairness, independence, and equal treatment that public shareholders are owed.

Billy couldn't run the Lions. hand it over too your smarter sibling that edured the criticism and a chorus of boos then brought success to the families football team. Sheila should be CHAIRWOMAN of the board at Ford. Signed--- not BCG.

Missing in Action

• board
• investors

Paging the above…this is comical at this point. Bill’s legacy is already cemented in serial failures. This shows that a CEO should not also be Chairman. No checks and balances.

Earnings call should be entertaining.

Attend Board Meetings and a few meaningless town halls
Hire Retreads from JPM but cut jobs held by everyone else
Collect millions in stock and salary
Vacation often

and Tim Cook is also on Nike board for long time.

Is there correlation between Tim Cook and Nike's braindeadness in last few years?

TC is basically ki-ling Apple with his bureaucratic approach.

Anyone who says that Nike is not a zombie is brown noser, a Nike troll.

Just thinking out loud, my two cents worth

HCSC Board of Directors Meeting Agenda
Date: June 26, 2025
Location: Boardroom A / Virtual Session

⸻

Call to Order and Welcome (5 mins)
– Chairperson opens the meeting
– Roll call and confirmation of quorum
– Approval of prior meeting minutes

CEO Vote (30 mins)
– Presentation of candidate(s) and review of performance and qualifications
– Board discussion and Q&A
– Formal vote and recording of results

Strategic Business Update (30 mins)
– CEO report: Market conditions, organizational performance, and forward-looking priorities
– CFO review: Financial outlook, cost trend projections, and risk review

Workforce Optimization and Reductions in Force (RIF) (45 mins)
– HR and Legal review of proposed RIF and restriction strategies
– Cost-benefit analysis and long‑term impact review
– Board discussion and formal vote

2026 Bonus Structure (30 mins)
– Presentation of proposed metrics, weighting, and incentive design
– Comparison to peer health insurance companies
– Board discussion and formal approval

Regulatory and Compliance Overview (15 mins)
– Update from Compliance and Legal team
– New state and federal requirements impacting HCSC
– Risk mitigation plans

Operational and Technology Roadmap (30 mins)
– Chief Information Officer review of digital transformation priorities
– Cybersecurity status and risk review
– Member experience and operational efficiency metrics

New Product and Market Development (20 mins)
– Introduction of new product lines and services
– Market expansion plans and associated resource requirements

Committee Reports (30 mins)
– Audit Committee: Financial statements review, internal audits status
– Risk Committee: Enterprise risk review and mitigation strategies
– Governance Committee: Board effectiveness review and succession planning
– Quality Committee: Member health outcomes and clinical quality metrics review

Other Business (10 mins)
– Discussion of any new topics raised by Board Members

Executive Session (30 mins)
– CEO review and performance evaluation (without CEO present)
– Other personnel or legal matters

Adjournment and Next Meeting Date

This does not bode well. Have a look at CGI layoff. Same playbook. Mistreatment of employees, off shoring to India and layoff being the only solution adopted.

Could be our new CEO?

Announced today two new board members from Elliott. First I had heard about them since Elliot was announced in July. The name Patricia Watson ring a bell? Former CIO of TSYS before the merge.
https://stocks.apple.com/AwYVr2N0ZQEy9uQPQVwbyJg