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…
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Are you saying We’re watching “the game of CEOs” someone else is moving the pieces and wasn’t just the board. Is it a conspiracy or it’s it an illusion or we really here? Stay tuned for the next episode.
@OP If you still don't know why Mike got the CEO job when Takis was hired by Frank and placed on the MC with no responsibilities in 2024, well before they hired Mike, then you're an id--t.
@cf what do you mean gone straight downhill? I thought Clover was fine with 10-15% volume growth? It’s FIG that’s problematic. Actually Takis’ department is the only one holding the company up.
Wasn’t Takis an executive right there when Frank was defrauding investors and sc--wing over clients? He’s also been in charge of segments of the company that have just gone straight downhill. Why do we think he will improve anything now that he’s CEO when he didn’t do it to his own departments? He resume sounds impressive, sure, but what has he done at Fiserv to prove he’s going to push us in the right direction? Genuinely curious because I’ve never worked with the guy.
Here we go again with another PR stunt. As someone already pointed out, we need to stop treating CEOs like they’re superheroes. While keeping an open mind and giving him a fair chance seems reasonable, until he actually turns things around, a healthy dose of skepticism is warranted.