http://www.bizjournals.com/pittsburgh/news/2017/05/11/hobart-named-president-of-d---s-sporting-goods.html
11 replies (most recent on top)
Why did D--k's stock price fall 14% on May 17th?
Possibly due to a management change?
It's amazing that people like DG and MLS can move from from one leadership role to another without ever succeeding. People making these decisions don't seem to do their due diligence.
https://www.forbes.com/sites/glennllopis/2016/06/25/great-leaders-strive-towards-long-term-success-and-significance/#3db33b012ccd
Forbes was impressed. Were you?
Don't forget that the .99 cent notebooks would save us all. Guessing it will be a .99 cent backpack there.
And we will go back to our suppliers and renegotiate our contracts.
https://www.usatoday.com/story/money/2017/05/16/d---s-sporting-goods/101741328/
Forgot point 4...
4) Flash Sales!
Salvation is here!
It's likely his exit package was negotiated while they negotiated his return. When you reach that level, performance has nothing to do with pay or security.
Don't worry, he's got a great 3 point plan to save the company
1) Fire all the FT associates who are older, higher paid, with better benefits and replace them with low pay, no benefits PT associates. This is to better serve the customers.
2) Hire more VP's and Senior VP's
3) Close stores
Don't worry, this WILL save the company, DG has a proven track record...
One would have to have to ask why?
His proven leadership abilities?
His quantifiable performance?
His demonstrable positive results?
Losers hiring losers.
Feckless.
I wonder if he will schedule an all employee meeting his first day to lecture employees on the 4 P's, like they are morons.
you'll have to fill in ick in d---s to see the story.
http://www.bizjournals.com/pittsburgh/news/2017/05/11/hobart-named-president-of-d---s-sporting-goods.html