Thread regarding American Electric Power Co. Inc. layoffs

Is Private Equity Corporate Leadership Under Siege?

No one has seen corporate officers out in public or at work centers. Are they hiding in their corporate refugees and private equity firm gated enclaves? They obviously recognize outside their fawning and servile sycophants they are loathed and despised by employees and customers. It is obvious they are going to extreme measures to conceal their whereabouts. We have to face our coworkers and customers everyday. Why do we continue to tolerate cowardly leaders, who have no skin in the game and steal all our profits?


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Post ID: @OP+1kz1jr7m9

6 replies (most recent on top)

@5x3 Enhanced employee benefits announcement, could this have been achieved without a employee retention problem or increasing Union membership? When employees are denied the opportunity to elect a voting representative to the corporate board for each OPCO, Union membership gives employees a collective voice to advocate for workers rights and their families' well-being.

Increased workloads and responsibilities without additional compensation can cause stress related occupational exhaustion, mental decline, family hardships and early onset of medical problems normally associated with older employees. Your knowledge, skill, talent, physicality, fortitude and customer relationships all have value just like our CEO and that value grows and increases AEP's shareholder value. This employee growing value must translate into increased compensation just like our CEO. If it does not we have a governance integrity and equity problem. CEOs with less than a decade of tenure must not receive greater rewards by percentage of compensation than employees withe decades of dedicated service, sacrifice and wear and tear. Poor governance translates into poor employee performance and retention. DO NOT SELL YOURSELVES or the SACRIFICES YOUR FAMILIES MAKE SHORT!

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Post ID: @827+1kz1jr7m9

Who do you trust with your future as an employee? Private Equity Firm Kleptocrats or the Brotherhood and Sisterhood of the Labor Union. Choose one and you have no voice. You are told to vote all 5s and move on. Choose the other and you are a voice in a chorus of voices advocating for your VALUE not theirs and you can tell your truth without retaliation because the many are more formidable than the one.

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Post ID: @5x3+1kz1jr7m9

American Colonist thought the East India Company was tyrannical. Thank God they did not live to see the American version of Corporate Tyranny. These are the times the Founding Fathers warned us about. Samuel Adam's sage advice to future Americans, " if ever a time should come when, vain and aspiring men shall possess our highest seats in government, our country will stand in need of its experienced patriots to prevent its ruin."

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Post ID: @353+1kz1jr7m9

The inability of Americans to live dignified lives shall result in Americans storming the castles of private equity and throwing its royalty from the ramparts to the angry mobs awaiting below. You have determinedly and deliberately chosen your destiny.

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Post ID: @17d+1kz1jr7m9

That has absolutely no economic benefit for our customers. Meetings should only be conducted within the AEP footprint. Rate payers are seeing too much of their electric bill being siphoned out of our communities. They are captive customers and they have every right to expect monopoly revenue to remain within the footprint of the monopoly. Corporate Board members should be from within that footprint or AEP should be forced to surrender their monopolies in the states they serve.

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Post ID: @b8+1kz1jr7m9

They had a week of meeting in California because one of the board lives in California.

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Post ID: @a7+1kz1jr7m9

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