How many COC executives have resigned to join other companies (not retired) since CEO took over in 2018? Shows lack of confidence?
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@Varys - what makes 3M executives attractive to other companies? I wouldn't hire 99% of them to wipe my behind.
Crazy world 3Mers live in, reeling from one change to the next. The fish has been stinking from the head from A3M launch. To the point, the investors even after voting with their feet. Look at the stock price. But the King remains in power. Sad end to a once great co.
Not defending the executive team here, but pointing out something.
As soon as it was clear the next CEO wouldn't be them, any senior executive that wanted the CEO job started a job search. I'd be willing to bet many of their resumes were being quietly shopped around by high-end recruitment agencies a week or two after Vale was named. Anyone who was on the fence started shopping around when 3M made clear Monish is getting the job after Vale's firing.