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CEO News

She was challenged several weeks ago on this board to go on CNBC to be interviewed and by golly, she did ! Albeit a soft ball interview with Sharon Epperson for DEI reasons.

Let's be honest here, if she interviewed with Jim Cramer, David Faber, or Sara Eisen, she'd be eaten alive trying to defend her missteps. It is ironic that even Roger Ferguson has appeared on CNBC as a contributor more times in the last year, then Duckett has appeared on CNBC in 5 yrs.

There are rumors and whispers she is losing internal support. All of a sudden, we see a flurry of activity from her lately in an attempt to save face and her job. So many speeches and public appearances that she has no real time to run TIAA like she is supposed to and this begs the question; who is really running TIAA ? She is paid millions and the company is chaos and no one is at the helm. She collects hundreds of thousands of dollars as a Nike Board Member & a pair of Air Jordans.

Instead, they have Jay Leno headline the TIAA FutureWise conference with the CEO laughing herself all the way to the Bank while many long term TIAA employees are being laid off. Shoot, maybe is she ran AI to run the company, it would be in much better financial shape today. It's funny how she criticized AI, but sold out to Accenture as they promised us the world with AI driven solutions which have not materialized.

TIAA FutureWise Conference (November 2025) In a discussion with CNBC, she advised that retirement investors should focus on building diversified portfolios and guaranteed income streams rather than worrying about an AI


Well this is interesting….

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.


25% of the business is non-core

"That 25% of non-core business, including SMB and consumer cybersecurity, DevOps, and analytics, is going to be a hole worth almost $1.3 billion to fill however, so the shrink to grow strategy better work, and the new CEO may need some patience given to them."

https://www.iteuropa.com/news/opentext-shrink-grow-strategy-may-mean-it-has-13bn-sales-hole


CEO Salary and New Positions

Mid level management cant get a pay raise to even cover cost of living.

If money is what you work for at Hertz then knowing that the CEO makes $35 MILLION DOLLARS a year and the Fadman makes nearly half a million per year if not more, don’t be upset!
Keep the management struggling and starving then wonder why your revenue is down while you all sit pretty in your big houses with your boasting of Verizon wireless plans on LinkedIn.
It’s sickening how out of touch these people are-know your audience and pay your people!


Sad to see what's become of a once great company

You can't help but wonder why a once great company would purposely hire a corrupt and incompetent CEO knowing that he completely destroyed the previous company from which he came. What's worse, is that thanks to his gross ineptitude, well over 30,000 (and counting) good, hardworking, tenured employees got sc--wed over during his reign. Meanwhile, he gets rewarded and gets to walk away with a 40 million dollar golden parachute fot it. It's criminal.


It’s Time …

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?


The Board of Directors hired Vestberg blame them

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.


it all makes sense now

Haskers mentor was Dave Calhoun (look it up they worked with eachother at Nielsen). You know the guy who got grilled in senate hearing because Boeing planes were falling out of the sky. Dave and the infamous Jack Welch worked with eachother at GE and people consider him to be jacks protégée. Jack Welch invented stacked ranking and cutting bottom 10% and was infamous for layoffs at GE. It all makes sense now. This dump isn’t just typical corporate but what makes it worse is the CEO is manufactured by psychos and outdated practices.


59 million is your value to Dan

As the new CEO of Verizon, Dan Schulman will receive an annual base salary of $1.5 million, in addition to substantial performance-based bonuses and stock awards that could bring his total compensation to tens of millions of dollars.
His compensation package includes:
Base Salary: $1,500,000 per year.
Short-Term Incentive Plan: He is eligible for a target bonus opportunity equal to 250% of his base salary, based on performance.
Long-Term Equity Awards: Schulman will receive various stock awards, including restricted stock units (RSUs) and performance stock units (PSUs), with a potential value of up to $59.5 million depending on the company's future performance relative to its peers.
Schulman, who previously served as the CEO of PayPal, was appointed to lead Verizon in October 2025, taking over from the ousted Hans Vestberg. His contract runs through 2027.
For more detailed information, please refer to Verizon's official SEC filings regarding executive compensation.


Maybe it's all by design

You know, telling us way in advance then going completely silent, allowing us to speculate, panic, fear, then eventually fight about it. There's a LOT of psychology happening amongst us in these boards. That's not my field of education or expertise, but it's fascinating to me, all the same.

Then again, it could just be the unfortunate byproduct of a new CEO with a different narcissistic driven output from the previous guy.


Walmart CEO Doug McMillon to retire, John Furner to succeed

After over a decade in the position, Walmart Inc. CEO and President Doug McMillon will retire Jan. 31.

Current Walmart U.S. President and CEO John Furner has been elected by the board of directors to succeed McMillon effective Feb. 1, according to a Friday press release. Furner has also been elected to the board effective immediately and the company plans to announce his successor before the end of fiscal year 2026.

https://www.retaildive.com/news/walmart-ceo-doug-mcmillon-retires-john-furner-succeeds/805522/


Verizon layoffs coming

Layoff’s are set to start happening on November 20th, 2025 and this is all due to Verizon struggles in losing customers and rising cost. This is a message directly from new CEO. Sales representatives have now been trying to unionize and HR is going to stores to try to prevent this from happening.


Margins over membership

Said specifically by CEO yesterday during UBS call. Also indicated Centene is not trying to grow at this point (hence the title) and that they are bracing for up to 30+ percent drop in ACA membership. Medicaid will really feel it come 2017. And that’s not even considering what impact continued gains in AI will mean for employees. I hate to be negative here, but I’m not seeing much upside.