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How is executive pay justified with so much group think

Executives all hire the same consultants and do the same thing. How is their pay justified when they all just follow each other and do the same thing like a bunch of sheep?

https://www.upstreamonline.com/people/bp-to-slash-700-jobs/2-1-2022872


EA Executives Awarded Millions Post-Layoffs

Electronic Arts executives received substantial bonuses despite recent employee reductions. CEO Andrew Wilson was awarded nearly $39 million, with other senior leaders also receiving multi-million dollar payouts. These bonuses were reportedly tied to the successful achievement of game development and performance milestones. The company's report detailed successes across franchises like Battlefield, EA Sports FC, Apex, Skate, and The Sims. This compensation structure has drawn attention following the undisclosed number of non-development roles eliminated in the US and India.

Redwood City, California

https://insider-gaming.com/ea-ceo-bonuses-layoffs/


Forum is less than 3 weeks away

With all the executive turnover, it feels like this Forum is going to be rough from a client messaging perspective. I'd be seriously questioning if there is enough actual leadership to move the company forward.

Also, the conference website shows only two featured speakers, Takis and a behavioral scientist I have never heard of. In years past there has been former presidents and major celebrities. I hope more is going to be announced soon because that is a very weak lineup.


How Deep Is The Corruption?

Serious question for current and former Nike employees:

At what point does internal politics become corruption?

Do you think Nike has crossed that line? If so, where do you see it most, promotions, hiring, performance reviews, vendor relationships, executive decision-making, or somewhere else?

Looking for thoughtful discussion based on firsthand experience.


Some Perspective on Executive Greed

While employees wait to find out if they’ll have a job when the VSP determinations settle, and the layoffs ensue, here’s what Centene’s top leadership has accumulated in company stock.

Executive Approx. Stock Value 2025 Compensation
Sarah London (CEO) ~$78.1M ~$21.6M
Drew Asher (CFO) ~$48.6M ~$10.3M
Chris Koster ~$23.1M ~$8.2M
Fred Eppinger ~$23.0M ~$0.6M (Board)
Ken Burdick ~$17.4M ~$7.4M
Susan Smith ~$13.7M ~$6.8M
Michael Carson ~$11.5M N/A
Tanya McNally ~$8.3M ~$5.8M
Katie Casso ~$7.2M ~$5.5M

Meanwhile, thousands of employees have spent months wondering whether VSP, layoffs, outsourcing, or another reorganization is coming for them.

We hear a lot about being “good stewards of taxpayer dollars.” We also hear that “when the business changes, we need to change with it.”

Fair enough. But stewardship shouldn’t only flow downhill.

If employees are expected to absorb the uncertainty, workload, and career disruption that come with those changes, it’s reasonable to ask whether leadership should share more of that burden too.

The numbers above aren’t opinions, rather they’re from Centene’s public SEC filings. The contrast between executive wealth and employee anxiety is what people are reacting to.


When's the next round coming?

At this point it feels less like "if" and more like "when." Between the CEO changes, the exec departures, and the pattern we've seen every couple months this year, another round seems inevitable. Anyone hearing anything about timing? Curious if people think it's weeks away or if we get a quiet quarter first.


While the Fat Cats are away, the Fat Cats will play

My Manager told me last night that he had heard from the head of security that some weeks ago all our executives had a lavish meeting in Paris, France. My manager said that he was told that they all had very expensive private area dinners and other expensive perks and activities. My manager listened with a smile but he was pi---d because he has had to submit a lesser budget last year than he wanted and had team investment restrictions only to see the execs galavant to expensive places. He is pi---d because they could gone to customer restaurants here is the U.S.A. and supported our customers who invest in us. We don't have customers in Paris so what were they thinking? When my manager inquired about why they chose Paris, the head told him that he heard they did Barcelona in Spain last year. The good thing is that the head didn't go and sent someone in his place while he kicked back with a bottle of bourbon at home. You have to wonder if he chose to stay as a silent protest.


Executive Management Layers

How many layers of executive management exist between the CFO and a person who actually does some work? I'm looking at an example now that shows 5 layers, all based in Houston, all execs and none actually doing anything other than talking about other folks work. It's embarrassing to see the greed given the pain they're causing the rest of the organisation. Too many snouts in the trough and it needs to stop.


Executives Tout AI Job Cuts for Market Gains

CEOs now openly discuss AI-induced workforce reductions, a stark contrast to previous sanitized corporate layoff announcements. Executives use this brash language to signal AI commitment to investors. Such statements often boost company stock prices significantly. This trend reflects a shift in executive behavior and reduced worker bargaining power. The public posturing can also lead to threats against company leaders.

https://finance.yahoo.com/technology/ai/articles/ai-created-braggy-culture-layoffs-100000668.html


Why blog discussions below pertain to Hans? Hans is gone, correct?

Hans Vestberg is no longer on Verizon's payroll, correct?

Vestberg, continuing to deal with the remnants, thank you for the hot mess?

How many of Vestberg's top tier executives remain??

Gone are EVPs, to include Shank and Sampath... Which other executives are no longer affiliated at Verizon and who continue to remain??


AT&T CFO Pascal Desroches to step down, McAfee exec named as replacement.

AT&T’s (T) chief financial officer, Pascal Desroches, has submitted his resignation to the company effective December 31, 2026, in a filing with the U.S. Securities and Exchange Commission. Concurrent with the announcement of Desroches resignation, AT&T (T) said it has hired former McAfee CFO Jennifer Biry as his replacement.
In the interim beginning July 6, Biry will serve as Deputy CFO and will assume the role of Senior Executive Vice President and Chief Financial Officer on January 1, 2027.
Desroches, who has been CFO since April 2021, submitted his resignation to the company on June 11.
The news of Desrochers impending exit jolted AT&T (T) shares, sending the stock nearly 3% lower in after-hours trading.


Fiserv’s new CEO retains team

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


Dan is becoming the laughing stock

Ole Danny boy is quickly becoming the laughing stock among tech leaders because he’s so over his head about AI. He thinks he’s a leader in the space, and it’s hilarious to read commentaries, feedback, opinions about him that point out his misguided beliefs and his totally wrong view of AI. It’s honestly embarrassing and I know the C-Suite in several large corporations and sitting back building war chests to buy out parts of Verizon once he fully flops and drives the company to its knees. I meet with C-Suite level in multiple companies through consulting contracts, and I can tell you 100% that Dan is the punchline of the joke, but he’s too arrogant and/or stupid to see it.


SK Letter

This morning's memo from SK is effectively confirmation of everything we have been discussing. In corporate communications, an executive letter like this is called a "Pre-Announcement Framework."

When a CEO writes a long, weirdly emotional, metaphor-heavy letter (the fishing analogies, "caring family," "peace of mind") to the entire continent, it is designed to soften the blow for what is coming next.

Strip away the awkward language ("gently turn," "beautifully evolve") and look at the cold corporate math, this letter lays out the exact roadmap for the upcoming RIF. And it was painfully obvious.


Executive Pay - Stockholder Mtg

2025 Executive pay received only 60% support at the Citigroup stockholder meeting a few weeks ago. Current and former employees who own shares in the Citi stock fund in the 401k plan along with other shareholders made a loud statement that Citi executive pay is excessive.

https://www.citigroup.com/rcs/citigpa/storage/public/citigroup-inc-8-k-05-21-2026.pdf


The hypocrisy of return to office mandates

Forcing employees into an office while our entire executive team and most of our upper management is remote has to be the most hypocritical thing this company has ever done. At least under Mike, he and others were actually in the office.

If RTO were really about collaboration and face to face time, our execs would relocate, open more offices, and ALL employees would be mandated to go to an office or risk being made redundant, just like FAANG did post-COVID. So what's the real reason here?

As others have said, most likely hoping for natural attrition, especially since they did this while gas is at an all time high and increases/equity are at an all time low. If they don't get the reduced headcount they hoped for by the October deadline, you can bet there will be another big lay off in Q4.


It's starting again!

PP is cutting again - this time is massive almost a quarter of all employed. It's going to be about 300 people which in the grand schema of things is not that big but for us at PP it's the biggest round ever - the impacts are massive. JH got her promo, kudos girl, but you are responsible for the mess as much as anyone else. this time they are not blaming it on ai cause by now everyone knows that story is all bs. i shall be back with a rant on RTO and all failed promises the execs sold us over last few years. well done jill.


Case Study in Corporate Hubris

Appian has changed over all senior leadership in the past two years. Except for the founders, of course.

In that time Appian has lost 1/3 of its value, while industry peers like PEGA and even the broader enterprise software ETF stocks (IGV) have gained 12-14%.

There’s nobody left to blame but yourselves. You aren’t good at your jobs. You can’t hire well. You can’t run a company well. You’re in over your heads but are too arrogant to see it. You’ve done your best to force alignment under a single old strategy… silencing any challenge to the boss. It’s not working.

Cash out. Let new people run this institution. Or continue to flush value down the drain,