Thread regarding Chevron Corp. layoffs

Will the BoD finally fulfill its fiduciary duty and fire MKW?

Look what Stellantis (Chrysler/Jeep) recently did when it became apparent that their CEO only knew how to cut costs at the expense of everything else. Is there hope for us?

https://www.wsj.com/business/autos/how-stellantis-ceos-cost-cutting-mantra-cost-him-his-job-8bffd8cc?mod=mhp

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| 2121 views | | 11 replies (last December 4, 2024) | Reply
Post ID: @OP+1vNzQuDT

11 replies (most recent on top)

Replace with whom?

I’m pretty sure the BoD could find a competent outside hire that would take the job for 20mm/year. You know, someone with a vision of how to grow the company beyond cost cuts and dispositions. Right now we are on the path of preparing ourselves for a takeover by XOM.

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Post ID: @1hzb+1vNzQuDT

Me me me

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Post ID: @1ynh+1vNzQuDT

And replace hm with whom?

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Post ID: @1aig+1vNzQuDT

Intel CEO got the boot too

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Post ID: @1tgk+1vNzQuDT

MWDS strikes again. You mad bro?

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Post ID: @pru+1vNzQuDT

5 year spread in stock performance between XOM and CVX is 32% with Chevron up 37% and Exxon up 69%. That is a lot of money over 5 years. Divergence is 2023 onward. Clearly investors have concerns regarding Chevron strategy and performance.

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Post ID: @qeo+1vNzQuDT

MW is a loooooooosssserrrr.

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Post ID: @anu+1vNzQuDT

His job is safe for now. But he’s gone if Hess falls through. Even a TCO extension won’t save him.

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Post ID: @vbf+1vNzQuDT

MW is golden

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Post ID: @vnn+1vNzQuDT

The deranged MWDS (MW Derangement Syndrome) poster strikes again.
MW living rent free in this dudes head 24-7
YAwn...............

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Post ID: @gah+1vNzQuDT

As long as the stock price remains stable and the dividend is paid on time, MW has nothing to worry about. The BOD doesn't care how many employees CVX has. In fact, they fewer the better so they don't have to pay all those burden costs.

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Post ID: @ziy+1vNzQuDT

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