Not looking good for today.We might hit 2010 or older prices. This is abysmal leadership. Stephanie, Kelly, Bob all need to be gone today. Looks like it is the CFO to be the first out. Time to cash out his millions and leave. Interestingly he had the same stock price fall at his last job and FIS fired him. Now we get to hear Stephanie spin it once again and the board will kiss her feet and do nothing. What a joke of a leadership by the board and C suite.
17 replies (most recent on top)
senior management incompetence is the only thing going up at this place
@aa Why only the CFO?
If you want a promotion or raise next year, best look elsewhere. She made it very clear, don't expect anything in 2027. CFO took the fall for her this time.
@aj I've thought the same for some time. Leaders bounce out after this or that failed initiative and some dang post turtle ends up in senior management.
@OP FIS is number 1 in something. Biggest decliner of the day
Don't worry, some EVP of AI will fail his way up to CEO as a result of this.
I wish I was kidding. The EVP of AI literally failed his way into his current role after eliminating the entire technical product management across the company that was his sole remit.
It literally is how virtually all of the leadership people mentioned in the post got to where they are: They kept failing up.
@a8 got the expected CEO comm. SF says the strategy is working. Also we will normalize growth in 2028. Does she have a service dog? She needs one because she is blind and deaf. What a joke.
Just as well they cancelled the watch party in the London office (due to excess demand, apparently).
About to drop below $30
Fiserv announces and goes up 10 and in true FIS fashion, can't deliver and down 20...
The board needs to start actions.
@a9 unfortunately it’s only James K’s. Wish there were more departures!
This call is like a funeral
Waiting on that email about how the stock price is not reflective of the market’s view of the outlook of the company…
It’s criminal. How does anyone in Csuite or the Board still have a job?
@a4 wow. they have crushed the market value of this company
We will find a new floor at $22
Down 23% in premarket as of 8:34 ET.