Thread regarding Avaya layoffs

Is Alan owned by Apollo

He’s got $10M reasons to do what he’s doing, no? Please proof that he’s got the long term interest of employees at heart

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| 1721 views | | 8 replies (last October 8, 2023) | Reply
Post ID: @OP+1oXEYceP

8 replies (most recent on top)

If you don’t think Alan was working with Apollo from Day 1 and was holding them up by refusing to go along with the bankruptcy until they agreed with what he wanted for his MIP, you’re fooling yourself.

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Post ID: @2kzd+1oXEYceP

Alan's words and early actions actually hurt Apollo and delayed their timeline by about 4 mos. He pivoted when he realized going along with the Board of Directors "arrangement" with Apollo was the lesser of two evils (significant SEC scrutiny was the alternative. Chapter 11 insulated leadership from more serious investigations).
He didn't bank on the lack of sophistication of self-annointed gurus to make him look foolish (ie -- the 2 evangelsheeets). Apollo situation is what it is. But Alan was clearly anti-Apollo in the first 3-4 mos.

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Post ID: @2tah+1oXEYceP

Don't you get it ? Alan was an Apollo appointment make no mistake, he played everyone, shareholders , employees etc while Apollo executed their plan to take control, he is still feeding gullible employees BS so that they feel good doing more with less

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Post ID: @2cxc+1oXEYceP

At the end of the day, after his stint at Avaya, he could take on a partner role with Apollo?

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Post ID: @1vam+1oXEYceP

A day late and a dollar short to be asking that question.

The time to have asked that question was a year ago, when observers pointed out the Apollo play and encouraged employees to speak up. In fact, I recall Batman professing that Apollo does good things for Businesses and shooting down any skeptics.
The Apollo play was in motion long before AM.
That's why AM sent mixed messages. He believed he could rally the debt and avoid BK. Problem with that was the fact that Apollo could only execute their plan by devaluing shareholders, and that was only possible via Chapter 11 protection. And Apollo had been plotting that since August 2019. They had board members feeding them information and they played fancy financing to strangle Avaya. That is why it was called "Debt to Own". They bought into some of the debt in a sneak attack.

Fact is. Cuts=the quickest path to brak free from Apollo. So folks can be angry at the face of it (AM), or realize he is a CEO of a private equity owned company and this is what it is.

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Post ID: @1jvv+1oXEYceP

Employees at Heart?

You do know Avaya isn't a non-profit or academia, correct? Also, i think you mean to use "prove" not "proof".

Apollo is the necessary evil. Alan inherited that. Now it is how will he decouple Avaya from Apollo? Fastest route is cut, cut , cut as soon as possible. Its basic Private Equity Math.

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Post ID: @yel+1oXEYceP

To be fair, the one person most owned by Apollo is the only person who had a real Director role prior to, for a bonus, and remains...
Shefali Shah.

It's a no brainer. Alan is owned by Apollo. But did Alan conspire? No way. He came in long after Shefali conspired with previous BoD and negotiated her ability to stay.

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Post ID: @pzg+1oXEYceP

Not a fan of what Apollo did to conspire a takeover...

But DUDE?

Employees at Heart

NO. SFU. Avaya represents innovation of generations that no one in Avaya over the past ten years was part of. They were posers. Batman et al

This is why we are a joke

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Post ID: @qcs+1oXEYceP

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