#executiveteam

Can Execs get PIP’d or demoted to Non-Exec due to poor ranking?

At this point it feels less like "if" and more like "when." Between the CEO changes, the exec departures, and the pattern we've seen every couple months this year, another round seems inevitable. Anyone hearing anything about timing? Curious if people think it's weeks away or if we get a quiet quarter first.

Coming back from GC already, I heard they are in line to get a new C suite role in HQ. That was short lived in GC! I guess that’s why they never updated their LinkedIn.

My Manager told me last night that he had heard from the head of security that some weeks ago all our executives had a lavish meeting in Paris, France. My manager said that he was told that they all had very expensive private area dinners and other expensive perks and activities. My manager listened with a smile but he was pi---d because he has had to submit a lesser budget last year than he wanted and had team investment restrictions only to see the execs galavant to expensive places. He is pi---d because they could gone to customer restaurants here is the U.S.A. and supported our customers who invest in us. We don't have customers in Paris so what were they thinking? When my manager inquired about why they chose Paris, the head told him that he heard they did Barcelona in Spain last year. The good thing is that the head didn't go and sent someone in his place while he kicked back with a bottle of bourbon at home. You have to wonder if he chose to stay as a silent protest.

Save and cut costs!

Stop paying retail reps for In-Store Pick Up orders!

You are literally paying double commission!

Millions of dollars saved!

How many layers of executive management exist between the CFO and a person who actually does some work? I'm looking at an example now that shows 5 layers, all based in Houston, all execs and none actually doing anything other than talking about other folks work. It's embarrassing to see the greed given the pain they're causing the rest of the organisation. Too many snouts in the trough and it needs to stop.

How much does the current Verizon's C-Suite understand and know?

https://www.marketbeat.com/instant-alerts/filing-inceptionr-llc-acquires-22348-shares-of-us-bancorp-usb-2026-06-11/

Why is that everything at IBM needs to orbit around a bunch of useless execs? And they are always having fun with ridiculous videos, such as this current one about watsonx challenge.

CEOs now openly discuss AI-induced workforce reductions, a stark contrast to previous sanitized corporate layoff announcements. Executives use this brash language to signal AI commitment to investors. Such statements often boost company stock prices significantly. This trend reflects a shift in executive behavior and reduced worker bargaining power. The public posturing can also lead to threats against company leaders.

https://finance.yahoo.com/technology/ai/articles/ai-created-braggy-culture-layoffs-100000668.html

Hans Vestberg is no longer on Verizon's payroll, correct?

Vestberg, continuing to deal with the remnants, thank you for the hot mess?

How many of Vestberg's top tier executives remain??

Gone are EVPs, to include Shank and Sampath... Which other executives are no longer affiliated at Verizon and who continue to remain??

Someone mentioned on this forum not long ago that the executive board wants to take the share price below €100 so they can have more layoffs. It seems it's on track to do that. This AI obsession with price increase makes no sense. What is the tipping point for them to start layoffs?

AT&T’s (T) chief financial officer, Pascal Desroches, has submitted his resignation to the company effective December 31, 2026, in a filing with the U.S. Securities and Exchange Commission. Concurrent with the announcement of Desroches resignation, AT&T (T) said it has hired former McAfee CFO Jennifer Biry as his replacement.
In the interim beginning July 6, Biry will serve as Deputy CFO and will assume the role of Senior Executive Vice President and Chief Financial Officer on January 1, 2027.
Desroches, who has been CFO since April 2021, submitted his resignation to the company on June 11.
The news of Desrochers impending exit jolted AT&T (T) shares, sending the stock nearly 3% lower in after-hours trading.

The company took immediate steps to retain other top executives. Suryadevara was promoted to president on Monday, according to an analyst report from TD Cowen. A Fiserv spokesperson declined to comment on that information.

Also, Chief Financial Officer Paul Todd received a stock grant equal to $5 million, according to the SEC filing, amounting to a measure designed to retain him.

https://www.paymentsdive.com/news/fiservs-new-ceo-retains-team/823029/?utm_campaign=Yahoo-Licensed-Content&utm_source=yahoo&utm_medium=referral

Therefore, I expect Sarah to be the first to take the new Voluntary Separation Program. But we all know she won’t. She got totally outplayed by the Trump administration and now far too many are going to pay the price for her ineptitude.

Start with Divya please.

Ole Danny boy is quickly becoming the laughing stock among tech leaders because he’s so over his head about AI. He thinks he’s a leader in the space, and it’s hilarious to read commentaries, feedback, opinions about him that point out his misguided beliefs and his totally wrong view of AI. It’s honestly embarrassing and I know the C-Suite in several large corporations and sitting back building war chests to buy out parts of Verizon once he fully flops and drives the company to its knees. I meet with C-Suite level in multiple companies through consulting contracts, and I can tell you 100% that Dan is the punchline of the joke, but he’s too arrogant and/or stupid to see it.

This morning's memo from SK is effectively confirmation of everything we have been discussing. In corporate communications, an executive letter like this is called a "Pre-Announcement Framework."

When a CEO writes a long, weirdly emotional, metaphor-heavy letter (the fishing analogies, "caring family," "peace of mind") to the entire continent, it is designed to soften the blow for what is coming next.

Strip away the awkward language ("gently turn," "beautifully evolve") and look at the cold corporate math, this letter lays out the exact roadmap for the upcoming RIF. And it was painfully obvious.

2025 Executive pay received only 60% support at the Citigroup stockholder meeting a few weeks ago. Current and former employees who own shares in the Citi stock fund in the 401k plan along with other shareholders made a loud statement that Citi executive pay is excessive.

https://www.citigroup.com/rcs/citigpa/storage/public/citigroup-inc-8-k-05-21-2026.pdf

Forcing employees into an office while our entire executive team and most of our upper management is remote has to be the most hypocritical thing this company has ever done. At least under Mike, he and others were actually in the office.

If RTO were really about collaboration and face to face time, our execs would relocate, open more offices, and ALL employees would be mandated to go to an office or risk being made redundant, just like FAANG did post-COVID. So what's the real reason here?

As others have said, most likely hoping for natural attrition, especially since they did this while gas is at an all time high and increases/equity are at an all time low. If they don't get the reduced headcount they hoped for by the October deadline, you can bet there will be another big lay off in Q4.

What a load of sh!t this all is. You don’t care about any of us. If you did you would have respected our survey feedback last year. People want flexibility, none of the other BS does anything for anyone.

How can you mess up a company so badly and never answer for any of it? Are we in a TV show and they have plot armor? What is it that's keeping them untouchable despite so many failures?

PP is cutting again - this time is massive almost a quarter of all employed. It's going to be about 300 people which in the grand schema of things is not that big but for us at PP it's the biggest round ever - the impacts are massive. JH got her promo, kudos girl, but you are responsible for the mess as much as anyone else. this time they are not blaming it on ai cause by now everyone knows that story is all bs. i shall be back with a rant on RTO and all failed promises the execs sold us over last few years. well done jill.

Why is it Executive leader ship can’t give raises, but they can hire two more of their friends for VP positions we don’t need?

not best moves by the executives.

but nobody cares, right.

Why bring in an external hire to replace a C suite executive? Is there no one internal qualified? What’s the rationale?

https://www.startribune.com/executives-at-this-minnesota-company-commute-by-airplane-a-shareholder-wants-to-change-that/601847339

Does Meg install a new CFO sooner than later?

Appian has changed over all senior leadership in the past two years. Except for the founders, of course.

In that time Appian has lost 1/3 of its value, while industry peers like PEGA and even the broader enterprise software ETF stocks (IGV) have gained 12-14%.

There’s nobody left to blame but yourselves. You aren’t good at your jobs. You can’t hire well. You can’t run a company well. You’re in over your heads but are too arrogant to see it. You’ve done your best to force alignment under a single old strategy… silencing any challenge to the boss. It’s not working.

Cash out. Let new people run this institution. Or continue to flush value down the drain,

A hidden camera was set up in the conference room, here’s how it went down.

https://www.youtube.com/shorts/q8R5AhT4_uo

Are Xerox Executives About to Cash Out Another $17 Million in Newly Issued Shares?

Fran faking her compassion and reading her statements tell you all you need to know about how much this C-Suite cares. Her and Mark sit in their posh million dollar homes and talk about cutting travel while they travel the world. The hypocrisy of this group is amazing as they continue to guard their stock price and protect their multi-million dollar payouts.

I recall someone said it… too bad there’s no way to operate a pool!

I keep seeing some certain white dudes who never rose above Sr. Director at Nike (or anywhere!) promote themselves on LinkedIn as having been a Vice-President. Nothing says executive presence like a title from the imagination department. Anyone else see this out there??? WTF???

How many Five9 (FIVN) shares did Tiffany N. Meriweather sell and at what prices?

She sold 8,497 Five9 common shares on May 13, 2026 at a weighted average price of $21.22, and 21,320 shares on May 14, 2026 at a weighted average price of $20.98. In total, 29,817 shares were sold in open-market transactions.

The filing reports open-market sales of Five9 common stock, coded as “S” transactions. Both trades involved non-derivative common shares sold directly by the insider, rather than option exercises, gifts, or tax-withholding dispositions.

Chief Administrative and Legal Officer Tiffany N. Meriweather has executed a notable insider transaction involving Five9 stock, selling a total of 29,817 shares. This sale amounts to proceeds of $627,599, highlighting a sizable move by a key member of the company’s executive leadership team.

That tells you a lot about the 'executive' ability of the lineup that steers this ship.

Doesn't seem active anymore

Why is it so difficult engage with the executive during the town hall? So much skirting around. Just get straight to the point.