Not good. Only a matte of time until company is broken into two.
16 replies (most recent on top)
@bm Takis was a Frank hire, not Lyons
How do you know the research firms are asking about Takis? Have you gotten a call? No shade. Truly trying to understand - reality vs rumor as I hope this is actually the case. He is not the solution for this company.
@b6 yeah. I bet she got hired by Frankserve to the RTO /Jail Program. Disaster DivyNOT, Frankserve, JennNo and the crew are a bunch of chachas.
@b0 3 vice chairs. Never heard from. They just show up to collect a huge paycheck and that’s it. No contribution whatsoever.
Jana, we can save a big chunk of change right here!
@b9 Disaster Dhivya lmao. I love the nickname.
@ba Another Mike Lyons tech hire. Did he find him in a CTO magazine? Everyone else in leadership is in NYC or BH. Guess when you come from Amex GBT a company that books flights for a living, and you own your own jet and a corporation to fly it, "remote" just means "in the air. At least his commute has better leg room than our budget.
@b5 So is he sort of a Dhivya copy and paste?
@b7 We can hope and pray every hour that the experiments in CEOs, including Takis ENDS!!! He is pretty incompetent like the last one. Wasn't he put on the streets by JPM before he hobbled his way to 1B
@b5 The Board should be held responsible for this carelessness. As a MC member, he should be FORCED to move to NY, BH or MKE like the rest of the population that makes $85k/year. Why is he above that!??!?!? Another Disaster Divya waiting to happen
And.. if you have such an agreement with the Board... KEEP YOUR MOUTH SHUT! You are MC, that is basis hygiene
Takis may not be here long if Jana Partners keeps up the pressure. They want even more significant cuts to everything and get Palantir involved.
Even they know Q3 will be bad and watching Takis closely. I don't trust him, nobody in my group does.
@b0 we don't even have a real head of HR. Doesn't anyone think that might be a good idea? People are everything. We should get someone who has run HR for a living at a real company.
@aj Speaking of Flying around. That new clueless empty suit over tech tells us in a town hall he flies around in his own jet, through an agreement he has with the board. Which as far as piloting yourself around, I think is actually cool and all, but my question is, are we paying for all that? Jet fuel prices are through the roof. I can't imagine the cost of someone living in Arizona and flying their jet every week to the east coast and every other place he deems a business purpose. We just had big layoffs of people making prob a fraction of what he does but we are willing to pay for all this for someone at an executive level that doesn't even work in one of our offices. Prob better spending time actually learning how to do the high paying job he's been given. I don't think we should be paying millions for a pilot who is racking up flight experience hours more than helping us get through this difficult time. Another bad decision that isn't going to help us and shame on anyone who allowed that kind of employment deal to be agreed to. Just more weight to carry on the shoulders of the people who actually do the work. Lots of talent drained - and dead weight gained.
Srsly. There is still how many vice chairs - doing exactly what besides being paid to do nothing. He’s replaced and even added to the senior level with the cuts he’s made or allowed to be made at the senior level. While still not actually leveling up on talent in the hires he’s made. It’s so many bad decisions by people who have no business making them for so long, it’s hard to unravel who is most at fault. Or, how to dig ourselves out. I’m surprised anyone having anything to do with people decisions is still here and hasn’t been removed by the board. Oh wait. The board is part of the process.
Come on... there has to be some value to his 'circle' that he brought in that walks around in tacky branded Chanel logo'd suits, flying their own aircraft... flashing their good fortune! Wonder if Jamie Dimon would ever tolerate that nonsense. Well... probably why those losers are here and now making a fortune.
He has zero clue and zero personality with clients or associates. He failed in exiting the dead weight in MC... that is a true sign of a leader - make the hard decisions dude!
Takis is useless. He has zero clue how to run a company and that too a turn around story. He thinks lining up JPM people is the answer and they are all empty suits in a fintech. He should be shown the door ASAP and lets get a real operator in that can fix things!!!