Simple - as a first time CEO he did not have the experience to do the job. Fiserv CEO required greater experience, that simple. Be knew it at quit to take a job that was a better fit.
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Emptiest of empty suits who spent more time picking his nose, biting his nails, and paying pocket pool than doing anything for this company. clearly not cut out for a job where you have to do any kind of real thinking and execution. Plus, he hired DS and clearly did no research on that walking disaster. Then after laying waste to the place, he quit, and she walked away with millions. He needs handlers and a daily IV of ADHD medicine.
Did you feel guilty at all when you got a merit increase but everyone who reported to you did not? Or did you expect us to forget those years where "things are looking uncertain"?
@eg It was Mike's decision not to give Managers and above a merit raise in 2026. With inflation, management is working for less then we made last year. First time in 30 years I did not receive a merit raise. My year end rating was exceeds expectations. That is not how you retain good employees!
He doesnt do anything.
He is an honest good guy. Genius smart. Great leader. Cares about people. Will make the hard decisions but is fair. He was in an impossible situation here. Brought in on a foundation of lies and handed a house of cards. There was no saving this place. Truist is lucky to have him.
@OP In my opinion the good thing he did was fire all those suits responsible for inflating the numbers. Not enough though.
He seemed like a good guy. Relaxed many of the RTO BS that FB implemented. He was set up as the fall guy for FB
Just wait till he brings in his special consultancy firm to tell you how to elevate Truist.
Nice guy
Zerooooooooo Value to him! Truist will not succeed under him. Get out
No substance what so ever! Odd mannerisms - used anything to scratch his body and feet in front of us all - cell phone, pens... anything he could reach. Odd man.
He didn't stick around long enough for most people to be able to form a substantive opinion of him. He did seem to be less of a POS than Bisign@no though. I assume he jumped ship because he uncovered some proverbial dead bodies that are about the sink the Fiserv ship. Frank Bisign@no belongs in prison alongside his current boss.
@OP A complete waste.
He quit on us. What more do you want to know
Think of an empty suit...only emptier.
His record of hiring is atrocious and he doesn’t do anything unless it comes from a McKinsey study or a consultancy where he’s been getting kick backs from since his BOA days.
No. Find out the hard way like we did. ;-)