#ceo

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2019

Facts I find interesting.
We didnt have a CEO between March 28th and Oct 21st that yr.
Yet Net Income
Q1 $5.86B
Q2 $6.21B
Q3 $4.61B incl a 1.6B litigation so really $6.2B

We didnt even have a CEO. Q1 Tim Sloan even handed everyone in the company 30 shares, gave extra %sfor 401k matching over the yrs. Today Charlie has laid off 80k people, offices state side look like india... and he has worse financial numbers. Look at the pathetic number of shares he gave folks, you have to be here till mid 2028 as well. The problem with Chalie is he thinks Win/Lose, not Win/Win, and that's no way to operate a business, cheating employees to make numbers is the route to failure.


Is Carl Really Gone?

Think about this for a moment. Carl was brought on “board” and so followed our CEO who Carl brought with him. Eventually they bought our Carl who was known for selling off pieces of companies until nothing was left. I think our CEO is still aligned with him. He alone has sold off everything and anything that was tangible. In all seriousness, what remains owned by Xerox? (Besides debt)


IBM Corruption

"Similarly, inside IBM, there are many whistleblowers and some of them come to us directly, others post in online forums. They're sick and tired of their lying CEO and crooked CFO, who seems to be focusing on financial engineering, not technical engineering." https://techrights.org/n/2026/02/17/Resisting_IBM_and_EPO_Corruption.shtml


New CEO and layoffs at Longeveron

On February 9, 2026, interim CEO Than Powell resigned from his temporary role at Longeveron but remained with the company in business development, as the board appointed veteran biotech executive Stephen H. Willard as permanent CEO effective February 11, 2026. Longeveron tied Willard’s compensation to a mix of cash and equity, including substantial stock and option grants, while simultaneously imposing a temporary 50% pay cut on its CEO and executive chairman and rolling out broader cost-cutting measures such as employee furloughs and reduced board fees to conserve cash ahead of pivotal clinical trial milestones.

https://www.theglobeandmail.com/investing/markets/stocks/LGVN-Q/pressreleases/227165/longeveron-appoints-new-ceo-amid-cost-cutting-initiatives/


Kroger Names Former Walmart Executive Greg Foran as CEO

Kroger, the largest traditional supermarket chain in the United States, has appointed Greg Foran as its new Chief Executive Officer following a year-long search. Foran is best known for running Walmart’s U.S. operations from 2014 to 2019, where he oversaw a turnaround that delivered 20 consecutive quarters of comparable sales growth across more than 4,600 stores. His appointment signals that Kroger is looking to borrow from its biggest rival’s playbook as the grocery wars intensify.

https://www.whatjobs.com/news/kroger-names-former-walmart-executive-greg-foran-as-ceo-to-lead-the-grocery-giant-through-intensifying-competition/


A Finking ship...

So Fink turns Fortune Brands upside down, stock tanks, and he is rewarded by going to a company with a higher valuation and higher CEO wages. He was transplanted like a Catholic Priest, lol. In the words of George Carlin, it truly is a big club and we ain't in it....be on the lookout for more rifs....


Dearly Beloved, we are gathered here today…….

… to say goodbye to a once great American icon, a Verb, a company once known as the pinnacle of innovation and success.

We recognise the lies, deceit, outright greed of the CEO and his SLT, their incompetence has no bounds, no reason, no ethics, no morals.

They treat their staff as collateral damage, every extra month for his team is another bloated pay check, every quarter another stock reward.

To everyone in our company, we need to rebel, we need to bring them to account.

Down tools and have out very own General Strike. They can’t sack us all.


Hypothetical External Candidates for CUSA CEO?

It’d be a pipe dream to think the Board of Directors would boot SK with another dismal year on tap for 2026 and replace him with a non-Japanese executive, but…

If you could nominate someone outside of CUSA to replace SK, who would you choose?

This company needs fresh perspectives and true leaders who can thrive in challenging markets.


The golden hello we are paying for now?

Thank you, AI - I missed this somehow.

Omar Abbosh's £13m "golden hello" (announced Sept 2023):
A massive one-time buyout package in cash + restricted shares to compensate for what he "lost" leaving Microsoft. On top of his £1m base salary, up to £3m annual bonus, and huge LTIP grants. Pearson's own announcement framed it as "consistent with the 2023 remuneration policy" shareholders approved earlier that year—despite nearly half rejecting the prior CEO's package. Shares dropped ~5% on the news, and outlets like Reuters called it "baiting shareholders" while the company was still restructuring.

Severance policy gutted in 2023: Right around the same time (mid-2023, effective June 15 for some legacy plans like the old National Computer Systems severance), they terminated standard US severance benefits. Hit hard during layoffs—e.g., the former Pearson Online Learning Services (POLS)/Boundless Learning unit axed roughly half its staff in Aug 2023 with zero severance, no PTO payout, abrupt access cutoffs. Long-timers got nothing. Execs acknowledged in town halls that changes (like losing Maryville University contracts) were planned for months, yet rank-and-file got the short end while the new CEO rolls in with kingly compensation.

It's textbook "rules for thee, not for me"—workers lose protections and get zilch during cuts, but the C-suite gets multi-million welcomes to "lead the transformation."


Meet the Pearson boss who punctures CEO bravado

https://www.fortuneindia.com/technology/meet-the-pearson-boss-who-punctures-ceo-bravado/130226

--

Is this some kind of joke? I've never seen more bravado from a group of leaders and their CEO in my career.

He may have less bravado than Elon, or Jensen, but he has less to no products people care about either.

World gone mad.


Code RED, massive reorg

You cannot imagine how serious the memory crisis is the company is facing right now. The company has for many months act on it but was not taking much action thus lead to the CEO demise. Now the situation is so bad that the company is exploring reconfiguring/resourcing/reusing memories but the impact is near negligible. The problem cannot be solve with throwing more money at it as it is not a money problem. So bad is the situation that the production rate is so low that it's coming to a standstill. Externally the company is totally handicapped by the memory situation, internally they are tightening up so much that it's scrapping every single cents to can save to cushion the financial impact.


Martin Schroeter Needs to be Fired

This crisis over poor financial controls and potential fraud is completely unacceptable for a former CFO and now CEO. The only real remediation plans involves Martin being fired. Not him "leaving for personal reasons", but actually fired. Without that there's no reason to believe anything coming out of Kyndryl.


Target Reduces Office Roles, Invests in Stores

Target Corporation is cutting approximately 500 jobs. These reductions impact regional offices and distribution centers. The retailer will invest more in store staffing and training. This strategy aims to improve the overall customer experience. New CEO Michael Fiddelke is implementing these operational shifts.

https://patch.com/minnesota/minneapolis/target-cut-500-office-jobs-pour-more-money-stores-report


Verizon CEO admits to and apologized for huge pricing mistake

The wireless industry does not traditionally have a great reputation when it comes to being transparent. That was the basis of T-Mobile’s entire Un-carrier strategy, which forced Verizon and AT&T to drop what used to be the mainstays of how the industry charged.

https://sg.finance.yahoo.com/news/verizon-ceo-admits-apologized-huge-172100197.html


Has it really gone this bad?

A CEO who places weeks notice instead of months for a resignation sheds no prestige amongst camaraderie. A crew with no respect and a captain that does not demand it are destined to fall apart quickly. If a surprise like this can come to light then the demise of HP shall ignite without a fight! Ode to the end of which is near. The fall of a once mighty titan shall haunt us with fear!