#ceo

Saks global was so toxic we became a new company..it still won't hide that we cheat those we do business with.often.
We didn't pay over 4 billion dollars so far to our creditors..Yet CEO Raemdonck has made over 75 million .
Some system we have in this country. We are now owned by companies with billions in assets yet made all these companies that trusted us suffer bad.

I was performing, loyal and zero drama. I kept my head down, did my work and made great money for CDW. You? You are not performing, you are not keeping your head down, and you are bleeding cash for CDW. You are a disaster who ruins lives and an industry laughing-stock. You should fire yourself.

The CEO with the worst presenting skills and personality ever is off. Apparently he leaves us in a position of strength…..

The stock is completely fu---d, which is his only job. How is this guy still employed? It’s absurd that he thinks he has any respect from any employees.

EH is the right leader to turn this ship around. Very proud of him!

..price increases, a new 52 week low stock price every day, sowing distrust among the employees, lack of leadership in the top 3 tiers, running the CFO off, sc--wing up the Firstnet. Did I miss anything? Is it even possible to perform more poorly?

Where we get to January 2027 and John hosts a Townhall where he exclaims to the small crowd of Simple Jeff Oompa Loompas...

"You've won! You did it! You did it! I knew you would! I just knew you would! Oh, forgive me for putting you through this. Please, forgive me."

And then the room turns into an elevator that shoots out of the top of the building and sores above downtown Dallas as it heads to the future site of the Plano HQ.

CEO , please work hard to push it below 40 ..LOL

You can Google it I'm not posting a link.

I got a crack out of the article. CEOs should tell us more about how they're moving jobs overseas, decimating the workforce with AI, while accepting larger and larger bonuses.

• A significant shift in sentiment has made the job of running a company tougher, with CEOs complaining they are overworked, overstressed and subjected to endless scrutiny.
  The rise of political populism and volatile shifts in trade policy have contributed to the decline in admiration for CEOs, with polls showing they are no longer as admired as they once were.*

Centered CEO is an American sellout paid puppet. This is why we are looking for jobs.

Hundreds of people axed in Kalamazoo, no WARN filing. Leadership has tanked the stock price and its in the toilet. A complete and utter disaster! CEO and CFO lied about Librela numbers and are being sued. Stay away from this company, more layoffs happening in Jun/July 2026.

Can you name a single company with a more embarrassing CEO? Just one?

https://www.wsj.com/articles/ceo-pay-2025-d2885ea3

[Didn't quote entire article text, just extracted AK's info. from the interactive table in the article].

AK ranks 34th out of 392 CEOs on the list:
Total pay: $38M
Pay Change: +51.1%
1-Year Return: 38%
Median Employee Pay: $49,630

Waiting with bated breath for my 51% raise this year!

https://www.quiverquant.com/news/Kyndryl+Holdings%2C+Inc.+%28%24KD%29+Chairman+and+CEO+2026+Pay+Revealed

I hear through the grapevine of more, and very significant, layoffs today. I worked at this once great company for a good number of years, until the PE firms and an incompetent CEO started driving it into the ground. It’s a real shame and I truly hope the recently-announced replacement CEO can turn the company around. I feel bad for tne many people who have lost their jobs today.

Zero logic internallyI Numbers reported are fraudulent. CFO just resigned. Same as MCI / WorldCom demise. Stink driving this company into bankruptcy faster than he will be able to complete his ridiculous HQ homage. MBA programs already cite him as the worst CEO in history!

The CEO left suddenly, seemingly without explanation, and then was very quickly replaced but no formal announcement to internal business partners. What in the world is going on over there?

John Stankey became CEO on July 1, 2020.

AT&T stock then: $23.40
AT&T stock today: $22.01

Nearly 6 years later, the stock has delivered a -5.9% total return, or about -1% annually.

Adjusted for inflation, the stock is effectively worth about $17.60 today, implying a ~25% loss over his tenure.

Six years of “leadership”.
Negative returns.
Ongoing talent loss.
Rock bottom morale.
Bottom of the barrel rankings in culture, best places to work, AI readiness, talent, etc.

At some point, you stop arguing about intent and start looking at outcomes. This guy S U C K S !!!

We have to separate fact from opinion.
SF was CFO of WP when FIS acquired WP. She was appointed COO with a primary responsibility of integration of WP and FIS. Integration was so bad FIS paid an additional 950 million in 2022 for acquisition and integration costs. They settled a lawsuit for 210 million associated with the acquisition of WP. Would we agree SF did not properly integrate the two companies?

Next, she is designated as Chief Administrative Officer 2021 to 2022. Primary responsibility included transformation, M&A, and technology. I think all of FIS/WP employees would agree this didn’t happen.

Her reward, appointment as CEO of a Fortune 500 company with experience of only accounting and finance. Company Stock price Dec 16, 2022 was 69.17. Today, it is 37.47. This what 20+ million a year in CEO comp for SF earns you.

When will the firings end? It isn’t ending soon. As part of the agreement with DE Shaw, FIS agreed to 400 million in cost savings. To avoid major disruption in the business and the Warn Act, FIS is laying off people over a three year period.

Follow the money, DE Shaw share sales in subsequent FIS announcements post Dec 2022. They forced these changes. FIS BOD appointments and historical relationships with DE Shaw, Janu Partners and SF. What backroom deals between Goldstein, Ernst and DE Shaw were agreed?

Make it make sense. 20+m a year, stock price free fall, increase in C Suite personnel compared to legacy FIS, advisor fees so high CFO commented on it, nepotism hires with Performance Officer, CAO, HR. What has this C-suite and SF accomplished?

This is the same CEO that created Future Foreward, implemented all these cost savings with promised payouts, delayed payouts, divided up payout over two years and then let people go before payment. This is the FIS culture. A CFO that hates Jacksonville and US culture. A failed CAO from Hertz because they were friends in Cincinnati. BT was her best friend at WP with no accomplishments at FIS. BT is an over priced puppet. Sad part, entire company run by McKinsey.

FIS got what it deserved. SF set out to do what she promised, fire all legacy FIS and the board has done nothing.

It’s difficult to see employees lose their jobs while executive compensation remains so high. According to public filings, CEO compensation was approximately $18 million. Many affected employees gave years of service to the company, and the contrast between layoffs and executive pay raises legitimate questions about priorities

Who wants to submit them to the Guinness book of WR? How can you destroy 2 top 10 banks? Unreal!

Many people outside the oil industry believe oil prices will decline rapidly once the Strait reopens and remain low in the coming years. However, the CEO of global oil giant Shell (NYSE:SHEL) has a different view. He expects oil prices to continue rising long after the war ends.

Ideas? What happens to Shell’s 8 year reserve life?

Takis is probably one of the best known fintech talent. Grew JPM from 7 people to 15K people & 20 billion revenue run-rate. Probably the best we could hope for. Not sure why Mike Lyons got the CEO role in the first place — he clearly has no clue about the payment industry. He’s a banker…

We’ve made measurable strides in fiber deployment and 5G, alongside solid free cash flow and prudent capital allocation, the reality is stark: after five years of this leadership, our stock has fallen 20% over the past year materially underperforming the broader market that has delivered meaningful gains. This persistent gap between our strategic plans and actual shareholder value creation is no longer acceptable. The transformation narrative has run its course without delivering results. For the sake of restoring accountability and protecting long-term owner interests, it is time for John Stankey to step down or be replaced. We require leadership with the urgency and execution focus to turn our strong underlying assets into tangible stock price performance.

The Chief Executive Officer of Health Net of California, Brian Ternan leaving - will be declared later today.

Metric Value
Price on July 1, 2020 $23.40
Price on June 18, 2026 $22.00

Cumulative price return - 6.0%
Holding period 5.97 years
Annualized price return - 1.0%

Our CEO loves to call layoffs realignments

Lyons need to start by rewriting the mission and vision statement, and permanently ban trigger words like "meaningful" and" "purpose-driven." The only purpose and mission Bill had was to run the company into the ground and take a meaningful amount of cash with him.

Era – Michael Neidorff (1996–2022)
Peak Quarterly Performance: $535 million (Q2 2021)
Annual Performance: Maintained profitability
Main Drivers: Pharmacy benefit manager legal settlements; COVID-19 utilization spikes

Era – Sarah London (2022–Present)
Peak Quarterly Loss: $6.6 billion (Q3 2025)
Peak Annual Performance: $6.7 billion net loss (Full-Year 2025)
Main Drivers: Federal Medicaid funding cuts; asset write-downs

Why is Sara London still the face of this company if she has cost the company Billions??

The company took immediate steps to retain other top executives. Suryadevara was promoted to president on Monday, according to an analyst report from TD Cowen. A Fiserv spokesperson declined to comment on that information.

Also, Chief Financial Officer Paul Todd received a stock grant equal to $5 million, according to the SEC filing, amounting to a measure designed to retain him.

https://www.paymentsdive.com/news/fiservs-new-ceo-retains-team/823029/?utm_campaign=Yahoo-Licensed-Content&utm_source=yahoo&utm_medium=referral

Give us the scoop on Lyons. Already sent corporate email to all of Truist saying hello. More info coming soon. We are ecstatic to get rid of our current CEO to a forced retirement.
What does Mike think about hybrid. Working from home 2-3 days a week?
From the Fiserv message board, looks like he joined Fiserv to be an axe man, now he is dragging his axe out to the next victim (Truist bank).
Does he realize most companies, especially in the financial sector are very top heavy.
Does he get rid of management, or the people at the bottom doing all the work.
Thanks for any advice you can share.

Disloyal, sneaky and incompetent. Does the Truist boatd want to tank their stock?

I'm curious what type of communication was sent to employees about the exit and new CEO. Hopefully they have an all hands and give reassurance.

According to reporting today, Centene offered voluntary buyouts to most employees and indicated layoffs could follow if enough employees don't accept. CEO Sarah London told employees, "When our membership shifts, we need to shift our organization accordingly." The company reportedly had about 61,000 employees in Q1 2026. (Bloomberg Law)

## Updated Timeline

### Phase 1: 2022–2024

New leadership takes over.

Board thesis:

• Modernize Centene
• Become more technology-driven
• Improve member outcomes
• Diversify beyond traditional Medicaid dependence

At this point, the strategy was defensible.

### Phase 2: 2024–2025

Warning signs emerge.

Management faced:

• Medicaid redeterminations
• Rising utilization
• ACA Marketplace volatility
• Expiring enhanced subsidies

This is where forecasting and scenario planning become critical.

### Phase 3: 2025–2026

The strategy begins unraveling.

What happened:

Membership

• Medicaid enrollment declines.
• ACA Marketplace enrollment drops far more than originally anticipated after subsidy changes and premium increases. Centene expected ACA membership to fall from roughly 5.5 million to about 3.5 million after repricing. (Healthcare Dive)

Financials

• Massive earnings deterioration.
• Guidance credibility damaged.
• Investor confidence weakened. (Healthcare Dive)

Organization

• Executive restructuring announced in April 2026. (Investor Relations | Centene Corporation)
• Now voluntary buyouts and potential layoffs announced in June 2026. (Bloomberg Law)

# The New Insight

The buyout program is not the problem.

It is evidence of the problem.

When a payer begins broad voluntary separation programs after:

• Membership losses
• Earnings deterioration
• Multiple prior layoffs
• Organizational restructuring

it usually means management now believes the revenue base has permanently reset lower than previously expected. (Bloomberg Law)

In other words:

They are no longer planning for a temporary disruption.

They are resizing the company for a smaller future membership base.

That is a much more significant signal than the layoffs themselves.

# What This Says About Leadership

My view now:

## CFO Accountability: 40%

The CFO owns:

• Forecasting
• Scenario modeling
• Guidance
• Financial planning

The Marketplace membership collapse should have been modeled more aggressively.

Questions a board should ask:

• What was the expected subsidy expiration impact?
• What was the worst-case scenario?
• Why were forecasts so far off?
• Why did guidance have to be revised?

Those are CFO questions.

## CEO Accountability: 60%

The CEO owns:

### Strategic Direction

The critical decision wasn't the forecast.

The critical decision was:

"Marketplace will offset Medicaid losses."

That appears increasingly incorrect.

The company effectively:

• Lost Medicaid members
• Lost Marketplace members
• Lost operating leverage

And now must shrink the workforce to match the new reality. (Bloomberg Law)

That's fundamentally a strategic issue.

# What Would a Board Likely Do?

If I were sitting on the board today, I would ask:

### Question 1

Was this primarily:

• a forecasting failure?

or

• a strategy failure?

The answer determines who goes.

### If Forecasting Failed

Replace:

• CFO
• Chief Actuary
• Finance leadership

Retain CEO.

### If Strategy Failed

Replace:

• CEO

Possibly retain CFO if forecasts reflected the risks and leadership ignored them.

# My Assessment Today

With everything now known:

1. Medicaid losses
2. Marketplace losses
3. Subsidy expiration effects
4. Pricing issues
5. Guidance issues
6. Workforce reductions
7. Voluntary buyouts

I no longer see this as primarily a finance problem.

I see it as a strategy and execution problem.

The workforce reduction announcement is especially important because it demonstrates leadership is now reacting to membership losses rather than benefiting from a growth strategy. (Bloomberg Law)

# If This Were My Board Recommendation

Near term (next 6 months)

• Replace or restructure portions of Finance and Actuarial leadership.
• Bring in an external operating advisor with deep Medicaid and payer turnaround experience.
• Require a comprehensive membership recovery and profitability plan.

Medium term (next 12 months)

If:

• Membership stabilizes,
• Margins recover,
• Workforce reductions achieve targets,

then the CEO survives.

If:

• ACA membership continues declining,
• Medicaid pressure persists,
• Another major earnings miss occurs,

then I would expect the board to seriously evaluate replacing the CEO.

## Final Assessment

Looking at Centene from before Sarah through today, the company appears to have moved from a highly disciplined Medicaid operator under Michael Neidorff to a company attempting a broader transformation under Sarah London. The challenge is that the transformation coincided with one of the most difficult payer environments in decades. The latest buyout program is a strong signal that leadership now believes the enrollment and revenue outlook is materially lower than previously expected, forcing the organization into another round of cost reductions. Based on the information available today, I would assign greater accountability to the CEO than the CFO because the root issue appears to be strategic positioning and market assumptions, not simply financial forecasting. (Bloomberg Law)

if the new guy schedules an all-hands this week And includes at least some assurances that he’ll treat us like actual human beings, there’s a chance he could be a good leader.
If he doesn’t, then he’s an axe man who wants to get rid of as many of us as possible

Why aren't any of the CEO's who make millions and millions of dollars a year taking the VSP and being transparent about it?

LEAD BY EXAMPLE!!

UNSTABLE PILLARS - FOSTER A HEALTHY ENVIRONMENT, DRIVING BUSINESS ACCOUNTABILITY

Hi Bank of America peeps. A few of us from Truist are checking in. Mike Lyons was just named our new incoming CEO. What was it like working for him during his time there? Solid leader? How did he handle culture, trust, accountability, and employee engagement?

Any flexibility on remote work or work-life balance, or was it more old-school in-office?
It's fair to say morale is quite poor right now, and many of us are looking for signs that things can improve with no expectations of instant miracles. Curious if you noticed any positive shifts over the longer term under him, even when changes got messy. Good, bad, or ugly, we'd appreciate hearing about it.

Hi PNC folks. A few of us from Truist are checking in. Mike Lyons was just named our new incoming CEO. What was it like working for him during his time there? Solid leader? How did he handle culture, trust, accountability, and employee engagement? Any flexibility on remote work or work-life balance, or was it more old-school in-office?

It's fair to say morale is quite poor right now, and many of us are looking for signs that things can improve with no expectations of instant miracles. Curious if you noticed any positive shifts over the longer term under him, even when changes got messy. Good, bad, or ugly, we'd appreciate hearing about it.

Hi Fiserv folks! Several Truist people stopping by your forum. Mike Lyons was just announced as our incoming CEO. What can you tell us about working under him? Decent guy overall? How was his leadership style? Transparent and approachable, or more top-down? Did he allow any real flexibility with remote/hybrid work or was it mostly strict in-office?

Things have been challenging at Truist for quite a while, and morale and confidence in leadership are at some of the lowest levels many of us have ever seen, so we're realistic that a new leader won't fix everything overnight. From what we've heard, he stepped into a tough spot at Fiserv too. For anyone who was there during his time, did you see things starting to improve on culture, trust, accountability, employee engagement, or work-life balance, even if the transition was difficult or painful at first? Any honest long-term thoughts? Good, bad, or mixed? Appreciate the real talk.

We are not mad at you. You stepped into this circus unknowingly.....best of luck