#boardofdirectors

Blue Cross Blue Shield of North Dakota and Cambia Health Solutions will affiliate. North Dakota regulators approved the strategic affiliation. The affiliation takes effect February 1. Dan Conrad becomes Cambia's chief administrative officer, and Lacey Bergh is the new BCBSND market president. Policyholders will keep their current health care coverage and BCBSND insurance cards. BCBSND will also retain its local plan name and board of directors. Cambia will manage and operate the North Dakota company's policy, claims, and IT functions.

https://www.inforum.com/news/fargo/strategic-affiliation-between-nd-blues-and-oregon-health-insurer-receives-go-ahead

Does anyone know what the collective pay packages including base pay, incentive comp, deferred comp, and perks collectively on the ELC ? How about the main Board of Directors ? How much do they make ?

Smart minds would bet they had to keep market cap (stock price) at certain point due to covenants in divestiture. Otherwise deal would have been off table. Board needs to start acting like a board

Any news on how the meetings are going?

Our Board are directly culpable for the situation we now find ourselves in. It is how corporate governance works.

My question: when will the market, activists etc hold them accountable and force change. It needs to happen.

What do you all think of Mikes email this morning that he won't won't serve as chairman after his term is up? I got to believe that the rest of the board and Ammit wanted it that way. Maybe paving the way for a sale?

Hans updated his linkedin resume. I remember they told us Hans was going to still be a Special Advisor on the BOD when he was removed from his job. We all scratched our heads when they replaced Lowell with a CEO who had been removed from his previous job. Why on earth would they still keep him around as a special advisor? Do they ask him his thoughts and then do the opposite of what he says? It's criminal that people are losing their jobs and this meatball is still around.

William H. Rogers Jr.: Chairman and Chief Executive Officer.
Jennifer S. Banner: Executive Director, University of Tennessee Haslam College of Business.
K. David Boyer Jr.: CEO, GlobalWatch Technologies Inc..
Dallas S. Clement: President & CFO, Cox Enterprises.
Linnie M. Haynesworth: Retired Sector VP, Northrop Grumman Corporation.
Donna S. Morea: CEO, Adesso Group, LLC.
Charles A. Patton: Manager, Patton Holdings, LLC.
Jonathan Pruzan: Co-President, Pretium Partners (joined May 2025).
Agnes Bundy Scanlan: President, The Cambridge Group LLC.

Does the board face any legal risk given that they haven't acted in the best interest of the company?

MF has been in position and seen through this entire DEBACLE! Frankly, I take offense with him sitting on stage presenting 101 corporate Finance - we all went to college and understand how it works. Do your job and EXPLAIN the changes we are making to navigate this storm and improve.

Under MF, our stock price has TANKED… not a great outcome for a CFO.

WAKE UP NIKE BoD !!

What a joke of a management committee, board of directors and the government for letting a US company bring IOL (100 year old company) to the s**.

What happened to corporate separateness? Now TG and DW have plans to exploit Canadian molecules, hose the minority interest investors (upwards of $500M of value based on rough estimates) and set up a wholly owned shell Trading shop in Canada in 2026.

Again, is the IOL board of directors asleep? Critical jobs are being migrated south to Houston at a higher cost and at the same time decimating fundamental knowledge that’s required for any stand alone O&G company which is a huge risk. How about the provincial and federal governments? Canadian taxable income is about to be stripped for the US to benefit. At this rate, all weak leadership contributing to this mess should be managed out of India in the “Global Hub”based on the lack of long term value they bring to the company and how far they are from the real Canadian business.

@ the government and BoD - wake up and block this immoral trade shop from starting up and exploiting Canadian molecules at the expense of the independent shareholders. Audit the s*** out of any proposals being presented including risk to long term value to the company. The move of Calgary head office to Strathcona Refinery and lack of diligence assessing the econs and long term risk to the company due to losing its top talent was already a disgrace.

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

No

The King can dominate the world.

Another deal to boost LBT's forture:
https://www.reuters.com/business/intel-pursued-deals-that-boosted-ceo-lip-bu-tans-fortune-sources-say-2025-12-10/

Are you reading the posts on this forum? Do you care about the health of this company? As a shareholder, I do. You don’t need to hire a multimillion dollar consulting firm to diagnose the situation and put a plan in place. A rational person and a little GenAI can summarize the themes for you

Key Themes
• Organizational instability: Employees cite constant reorganizations—often every six months—which has created fatigue, confusion, and a sense that structural decisions are being driven by short-term pressures rather than a long-term plan.
• Talent decisions undermining trust: There are repeated concerns that recent layoffs and promotions didn’t align with performance, with high performers cut while lower performers remained due to internal politics or legacy relationships.
• Leadership and HR gaps: Employees point to inconsistent leadership quality, slow or overly procedural HR processes, and communication missteps around sensitive changes. Some comments note ineffective leaders remaining in place despite clear issues.
• Burnout and morale decline: Workloads are heavy, career mobility feels limited, and many employees describe being exhausted and discouraged. Morale appears fragile, and trust in leadership is weakened.
• Impact on innovation: Several threads reference a shift from leading the market to following it. Internal volatility is viewed as slowing decision-making and diluting the creative culture that historically fueled Nike’s brand strength.

Implications
Left unaddressed, these issues create material risks: higher attrition among top performers, slower innovation cycles, reduced productivity, and a culture that becomes increasingly difficult to repair.

Recommendations for Consideration
• Stabilize the organization by pausing major reorgs and aligning on a multi-year structural plan.
• Audit recent layoffs and promotion decisions to rebuild confidence in fairness and performance alignment.
• Strengthen leadership accountability through clearer expectations and more rigorous capability reviews.
• Address burnout by examining workload models, spans of control, and internal mobility pathways.
• Recommit to innovation by protecting creative/product teams from ongoing churn and simplifying decision processes.

Nike’s external brand remains incredibly strong, but the internal signals point to a need for stability, clearer leadership alignment, and a renewed focus on innovation. Addressing these areas will help rebuild trust and set the foundation for long-term growth.

From 2023 to today, the stock has went from $5 to 1.60. They ain't even insider buying the stock at these lows. What is the board doing?

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). 

Today's all hands confirm one more time that the Unfiltered survey is only s checkbox to say to employees: provide your feedback, we receive it but we do not care about it.
They spent maybe 2 minutes on today's all hands on the topic...+40% of employees not trusting the board are not enough to worry the board. An email saying they are going thoroughly through the feedback and take actions is all what they do... truly a sad and shameless joke!

https://www.cvshealth.com/news/company-news/cvs-health-names-david-joyner-chair-of-the-board-of-directors.html#:~:text=WOONSOCKET%2C%20RI%20(November%2020%2C,%2C%20effective%20January%201%2C%202026.

So now David Joyner will be president, CEO, and chairman of the board. One guy in charge of everything, making all the decisions. I don’t know if that’s good or bad, but CVS is now going “all-in” on Mr. Joyner.

Steve-o appointed a Deep state Trump admin guy with solid GOP credentials just this week. Do we think this olive branch is enough of a quid-pro-quo to quiet the admin from removing the individual mandate and divert Health Insurance Corporate Welfare directly into patient HSAs? Will this stop the hemorrhaging?

Scott Gottlieb, M.D., Joins UnitedHealth Group Board of Directors

"Dr. Gottlieb, 53, served as FDA commissioner from 2017 to 2019... In addition to his FDA service, Dr. Gottlieb has held roles at the Centers for Medicare & Medicaid Services and on the Federal Health Information Technology Policy Committee. A practicing physician, he is an elected member of the National Academy of Medicine and serves as a senior fellow at the American Enterprise Institute and a partner at New Enterprise Associates."

https://finance.yahoo.com/news/scott-gottlieb-m-d-joins-114500585.html

Vestberg was CEO at VZ for 7 years. Coincidentally the same amount of years he was CEO at Ericsson. Two companies left in a wake of mismanagement. The difference? The VZ BoD had a resume to review. Despite his failures in Europe the VZ BoD made him their CEO. History repeating itself was, sorry to say, an almost foregone conclusion. Now the BoD handed gas and torch to Schulman. He’ll cut off the legs to save the body. Then the BoD will “find” the next version of Vestberg. They can’t help themselves from making poor choices. Vestberg will likely have $20M follow him out the door whilst 15k are shown the door. Whomever takes over “Verizon - The Rehab Edition” has choices. Continue on with segmentation and compartmentalization driving the Company further into the ground, or, perhaps, bring things back under the roof. No more HRBP from outside sources running the Company. No more useless Pulse Surveys. But alas, the names will change and the downward spiral is likely to continue. If there was a time for the Shareholders to remove an entire Board. It’s now or in the very near future. Pipe dream of course. Good luck to all who are leaving. Find a Company run by intelligent people who actually know the business they run.

Here’s another worthless perspective from a former VZW sales leader.

Large and substantial layoffs like this take several months to plan and put together. There’s absolutely no way that these layoffs were Dan’s sole creation from 4 weeks ago. I’m positive Dan voted for the move, along with the other board members, back when this was originally conceived and decided. This isn’t something you just cook up over a 3-day weekend.
Dan is doing what he should do in this situation and that’s simply taking accountability for the direction that VZ is heading for. That’s what good leaders do. It also won’t hurt that Dan will be much more effective in selling these changes to the street.
This really su-ks for everyone; I know because it happened to me in 2019. I’m praying for everyone that has or will be impacted. I have friends and family that are patiently waiting (not sleeping) for tomorrow’s meetings.
Good luck and peace.

Just out of a staff meeting with my LG member and she was downloading from the Leaders Group meeting they had last week. Apparently Doug Tere77on believes the Elliott argument is not grounded in anything and that he has disproven their thesis and predicts Elliott will not make any noise this proxy season.

Thoughts?

Go-Go has joined the BoD of Motorola.

Sell off company assets, assume lots of debt, the board pulls out tons of money in special payouts and destroys the company. Verizon is right on track. Get out before the real crazy begins.

I believe there’s a lesson here for the Board of Directors. It has to do with leadership accountability, starting with the ELT and cascading all the way down to front line management…. If nothing else, the BOD should have some questions about why this huge layoff was necessary. And I don’t think it’s all Ryan’s fault. This could have been avoided.

This whole sh*ituation is down to three things:

1). Hans. He was the CEO when we saw the company going from being leader in everything to leader in nothing an losing in the market. Buck starts and stops with Hans, all the while he spent more time at sports events than actually running the company. GUILTY.
2). The Board. They signed off on the plan every year. They are ultimately responsible to the shareholders. They need to be held to account and changed. GUILTY
3). The dead-beat VLT. They came up with, and 'executed' (right word) the plan that got us in this situation. In particular Scampath. GUILTY.

ALL need to be changed otherwise zero credibility. One down, two to go.

Thanks to the Johnny and Jeffrey sh-t show, our insurance tripled in cost. Same exact options at a worse provider. This is what Leadership and The Board thinks of us who gave them decades of our lives.

Since Amazon's leadership took over Walmart, the first thing they did was undermine the Walmart culture. Furthermore, they have become deeply entrenched, leading to frequent layoffs both in the past and present. No projects are progressing; everything appears to be at a standstill. It seems as though Amazon's board of directors has dispatched these individuals to Walmart as part of a covert operation to dismantle it, rendering Walmart internally ineffective. This strategy appears designed to ensure that Amazon can thrive exclusively in the retail market. The IT department at Walmart has been significantly disrupted for the past couple of years, making it challenging to regain its footing.

Schrodinger began laying off the clinical team today. They’re also ending “independent” clinical development, which really closes the door on their entire clinical pipeline - especially since these poor performing assets have failed to attract any partner interest even after years of development. The Chief Medical Officer is also leaving.

These actions highlight the failure of Schrodinger’s executive leadership and board of directors. Their inability to deliver any assets that can succeed in the clinic is a direct reflection their incompetence, inexperience and ineffective leadership. There’s a repeated pattern of poor judgment, weak decision-making, and avoidance of accountability. It’s amazing that, despite this utter abysmal performance, the C-suite and BoD has not been held accountable. It’s time to clean house and find competent replacements that can deliver results.

All of them getting kickbacks to outsource to only Indian
Sampat and Shankar took Han’s to Indian te------t PM and they promised more jobs for Indian
Now new CEO same with old plan
Can we replace CEO with AI?

Dan was head of the board of directors while we were losing market share. He nodded yes on all of it and let Hans run us into the ground. Tony was the CFO during this too. But we pay them millions now to fix what they caused haha. Only Verizon could be this stupid. Dan should have been thrown off the BOD and Tony should have been fired.

One of our posts about our su-k a-s security team and its crooked VP has hit over 100 thousand hits and counting. That is more than any other company has ever had on layoffs.com. One of the posts in that string has almost 4000 employees who have thumbs up the plead for help. That too is a record. Where have we gone as a company to sit mute to so many associates’ cries for help? It’s a pathetic record to have on this site and our customers see it. Hopefully the new company merger and shareholders and board of directors will see it and make the right decisions on who let this all happen and lay them off! Those records are embarrassing!

Will BoD replace Stankey? We all see huge decline in the stock value, stagnant innovations and network rollouts, stagnant cNPS, artificially driven Q results driven by soft layoffs, no obvious acquisition ahead and all time low employee morale after forced 5 days RTO....

https://www.barrons.com/articles/citi-ceo-fraser-bonus-called-excessive-560ac41b

Greed has no limits. Get rid of hardworking workers and make it hard for them to get roof over their head and food on the table while greedy executives splurge on expensive caviar and champagne. So much for board independence.

One board member’s vote represents the opinion of 10,846 T employees.

Do they represent your thoughts about the current state of the company?

Check out the link below to read a story from a whistleblower. This is exactly what has been happening at HCSC since ITOM in 2017. Don't believe me? Take a look at the ORG chart sometime and tell me this isn't happening. There has been a replacement of not only leadership, but all levels inside HCSC. Stories like this are just the tip of the iceberg too. Do you want to know who is responsible and allow it to keep happening? The Board of Directors that oversee this company and most likely the first two levels of our ORG chart.

They don't care about any of the people that have built this company or the people who work hard day and day out to support it. This post is not about politics and this is not about race. If you offended by it - take a breather, calm down, and try to process the information logically and not emotionally.

The last semblance of segregation of duties and independent oversight is gone. Not that Citi is the only one to do this. But well....

Where is Imperial's board in all of this? Aren't they supposed to be holding management accountable that any changes are in the best interest of Shareholders?

How is this good for Imperial? Move activities from Calgary to Houston where EM folks who are less familiar with the market will oversee the activities at a much higher cost, and then funnel more chargebacks to Imperial. Move activities to GBC's for sub-standard work from a bloated GBC headcount, while paying those folks to fly all around the world and racking up more opaque chargebacks. Move profitable Trading activities out of Calgary so EM can do it instead and pocket the $. How is that good for Imperial shareholders?

Relocate staff from Calgary to Edmonton, putting a huge amount of chaos into the business, incurring huge costs for severance, relocation, and then losing many of your best employees. You're left picking your team from whoever wants to move to Edmonton, which is a minority. All other energy business is in Calgary, so those staff in Edmonton will then have to travel back to Calgary regularly for meetings, incurring more cost and time. How is that beneficial to Shareholders?

I'm sure EM has put together a nice PPT showing the board that this is good for them, but shouldn't they be putting in some critical thought? How did the board say yes to all this? The board seems to be failing shareholders, and this is ripe for an investor lawsuit.

What is your best guess on when Geoff and his BOD get bounced? Rumors are flying (again)