I used to work with experts and it was a pleasure to work here. Now I am surrounded by mediocrities with inflated egos. This no longer resembles the Truist where I started working. Almost no one believes that this place can be the way it used to be. What made you lose optimism that the situation here can improve?
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@6jhi+1hC3DKj0 That’s my impression, from a variety of folks… internal, external, BBT, ST, across organizations, corp banking, wealth, retail… too bad. I didn’t have much to do with ST before, but had some experience with BBT and it was a decent place. Oh well.
@6xqu+1hC3DKj0 There are no decent areas to work in anymore, gone, long gone, finished.
Would love to know where “those decent to work in” areas are
Excellent post. While I am not privy to the relationship between Starnes and Bill/Beau, it is hard for me to imagine Starnes as anything but an “order taker” collecting a paycheck at this point.
My experience is that SunTrust management is absolutely intolerant of anyone bringing independent thought to the table, and particularly anyone from BB&T. I must admit to thinking a lot less of the remaining executives from BB&T still at Truist. They have had a front row seat to how unfairly their former BB&T employees were treated, and to remain and say nothing is to be complicit in the whole mess.
Alison spoke and glowingly on the merger at the outset. I wonder what his thoughts today are. If Bill and Beau are the sole decision makers on a CFO it won’t be anyone who doesn’t kowtow to their “vision”. The circumstances around Bible leaving must be extraordinary. The suddenness, the consulting contract is all bizarre, especially for someone on the record as saying if you need consultants you don’t know how to do your job. Maybe someone in the financial segment will do their job and report on this rot and BOD’s complicity. The stock price alone should be bringing a higher level of scrutiny to head of this snake. I for one am amazed Starnes has remained a part of this as he always seemed a man of integrity and a conservative credit person. I hope it is because he is trying to save the company from the not so smart people in charge. Time will tell.
The whole company has become arrogant misfits, their time will come soon unless they appoint some CFO has been from another failing institution. Funny, I thought John Alison would have said something, but that's not the case. Oh well, I took the volunteer retirement, and I'm happy as can be. Feel bad for those that had no choice but remain.
When I realized branch employees were equipped with the same tools that the consumer are I knew it was a cr-p shoot. They don’t pay us “the big bucks” to call around to seven different departments and get seven different answers. The employees got shafted BIG time on this one. When I was embarrassed to put on my name tag I knew it was time to close up shop.
Kelly the evangelist and Billy the bunko artist of Buckhead caused this. Kelly either was a fool or a willing participant in the fleecing of BBT into this whatever it is today. The synergy of size to address the tech needs has been a bust so far. Leadership at all levels are either inept or worse afraid to do their jobs. Probably the micromanaging of hSTI plays a large role. Some areas of the bank that still are primarily managed by hBBT are still decent to work in. If you don’t know where they are you not in one. Difficult to see any significant change anytime soon. Top down leadership isn’t going to change and BOD is spineless. Market forces will cause change but that’s 2 to 3 years away. Gonna be a long rocky road to success for this circus!