It can no longer be ignored. CRBG is falling apart.
First there were the layoffs, followed by a rash of resignations, and earlier this month, the President of Life and Retirement quietly resigned.
The rot is so bad that the head fell off.
I’ve tried to remain optimistic in the hopes that the organization would eventually right itself, but it is a very bad sign when the captain abandons ship.
Many CRBG competitors are hiring and most positions allow for remote work. Hopefully I’ll see you on the other side.
Hats off to the Board and to the boys at McKinsey. This is your disaster.