Charlie states he is “transforming our institution while supporting our customers, employees, and the communities we serve”, but you know nothing could be further from the truth. Managers are privy to the e-mails, meetings and plans which prove the double-talk and underhanded agenda on Charlie’s part.
Managers know that Charlie’s cost-cutting metrics are creating pressure which force employees to cut corners. Manages are aware our compliance and oversight micro- focuses on surface-level procedures, and hasn’t stopped the deeply entrenched and profitable wrongdoing.
You are seeing it all: misleading statements and promises, conflicting interests, dismantling important business lines, cheapening products and services behind the scenes, a revolving door of senior leaders, failure to lead from the top with ethics and honor.
I get that Managers are worried about supporting your families too, but could your managerial discretion be viewed as culpability?? Managers have been fined and barred from the industry for “failure to adequately perform their duties and responsibilities”. See Hope Hardison, Michael Loughlin, James Strother, Claudia Russ Anderson, David Julian and others.
Managers are paying the price for Charlie’s reckless decisions disrupting your ability to properly manage your departments. Managers are seeing your abilities limited, your projects scrapped, your input disregarded, and your positions diminished. Managers are having to deal with the consequences of your loyal top performers being laid off. How is it to watch the trust you’ve worked so hard to build with your teams intentionally eroded?
Are you placing your trust in a CEO who shows a propensity for ruthless cost-cutting, eliminating valuable experienced employees, putting his own interests above all others, and blaming everyone but himself ??? Are you hoping the CEO who is disrespectful, disloyal and inconsiderate won’t eventually aim his arrow at you??
Have you lost the strength, confidence, integrity, accountability and leadership skills which helped you to achieve your success in the first place??
Don’t you want to wipe that smirk off his face??
This bank needs mature managers and directors who are not afraid to challenge Charlie and his new Sycophants. If you won’t do it for yourself, then do it for your employees who depend on you, do it for our customers who entrust us with their money, do it for our shareholders who believe the bs, and do it because it’s the right thing to do.