No press release from PayPal yet but they are usually asleep so no surprises there.
https://www.prnewswire.com/news-releases/asurion-appoints-kausik-rajgopal-president-chief-revenue-officer-to-accelerate-growth-302802719.html
7 replies (most recent on top)
Wake me up when Enrique is walked out. This guy is way out of his league to run PayPal.
@gt yes, the same losers who failed all their employees and shareholders, elect one of their own. The same a--hole who served as chairman of the board for the worst performing stock of all. So much for a fiduciary responsibility to your shareholders to do what's best for them. The entire board deserved to lose their jobs, but of course they only care about themselves.
@dq probably not as we’ve spent very little on actually producing new products. We’ve been spending billions on production support. It’s become very clear Enrique was a poor choice as CEO. Someone pointed this out so I had to look it up, but Hewlett Packard stock price shot up as soon as he announced his departure. I mean it doubled in like a month. Nothing for years under him and like a 300% increase in just months after his departure. And we’re down like another 10% under him. You can’t make that up.
@a7 do you think a buyout is inevitable? Maybe someone will pay a premium and you'll recoup some of your paper losses. Not saying it's likely but, that's what I'm hoping for.
A lot of talent is leaving. We’re stuck with the “meets expectations” folks. I’m seeing a few SVP’s that left months ago coming back and recruiting certain people.
What's in a name?
This company has become a total train wreck and we have to pay the price every day. Constant fear of layoffs combined with my retirement shrinking daily. I’ve purchased so many worthless shares in this place.