To all the Board Members - since our new CEO and her leadership have taken over, there has been a shift from being customer focused to instagram famous; Key highlights of the illustrious EC team::
Marketing - Millions to multiple agencies; brand, brand..rebrand, the 'dress', a hollow campaign #retirementinequality that no one understands; multicultural marketing seems to be new hip team; Digital - Millions to hire an army of staff (designers, MD/SMD, researchers); only victory to date is a redesigned navigation bar and home page (I wonder how long it took fidelity /or vanguard to figure out there nav bar + account page); Technology - led by our StarWars Jedi who spent millions, millions hiring colleagues who are patent experts from Amex; the 'force' is guiding the his leaders to build guilds, toys/prototypes (that actually don't work); technology stack is still old; unreliable. #hackathons# are top priority
last but far from least our CEO -- $$ millions on rap/hip hop music, cars, jets, Essence Fest, Taste on the Vineyard, wardrobe, DJs; sole focus is to increase her brand, collect awards. Another great feat -- hiring leaders with no industry or financial services experience. Experience and industry knowledge is not a requirement under her watch. No accountability under her leadership. Just keep on spending, keep on spending $$
in closing, as Board Members, why are you allowing the CEO and her EC leaders to spend millions ($$) with no ROI, foster a toxic culture, and have no care they are spending the retirement money of teachers, doctors and their current + former employees.