Yikes, where was Met in Fortune 500 when Khalaf started? Sliding down to 60 in 2025.
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Headwinds. It’s not nepotism babies shouldn’t get to be CEOs. This kind of plunge into chaos and craptitude is totally normal with a new CEO.
Layoffs. Toxicity. Declining revenue. Declining revenue. Tumbling down rankings that are not paid for trophies. Clearly no connection between drop and poor leadership.
“ The Fortune 500 companies are the highest-revenue-generating companies in the United States by rank of total revenue.”
… that’s why it’s not relevant. You may not realize, but some companies do grow faster than others. So it’s not relevant whether MetLife was near 40 a few years ago, and is now 60. Move on.
Sliding from 48 to 60 has nothing to do with poor leadership. Fortune doesn’t look at frequent staff cuts, reorgs, firing older people.
MetLife was 43rd in 2018. Can't remember when Khalaf took over.
How is it relevant? You tell me how all the awards that the company wins are relevant and I'll tell you how the Fortune 500 rank is relevant.
Why/how is that relevant?