#profit

With Rizzo to Chief Operating Officer over both Property Liability and Protection, it appears Tom and the BOD have Mario as the inside candidate to follow TW. No doubt they'll search for external talent as well (such a great track record!), but he's a safe pick in Tom's world having come up through the Finance function. He'll get high grades for fixing the profit problem (novel--raise rates, tighten underwriting), and increasing shareholder value. Jess Merten to President of Property Liability provides him with an operating role for his resume. TW still has $200+ million in stock options, so he has a vested interest in shareholder value for sure. He'll probably stay as Chairman or non executive Chairman at retirement.

Sounds like that mandatory meeting has paid off in huge profits.

I've seen a previous Gr 18 role posted as Gr 17, and previous Gr 17 role posted as Gr 16 this week. Ironically, the job descriptions appear to include more responsibilities.

July 1, 2025 Indeed company review for U.S. Bank by a Corporate Recruiter:

"New CEO is about profit not employees

moral and culture have tanked
recently DECREASED what we pay employees and anyone above will not get merit
WHO DECREASES WHAT THEY WILL START EMPLOYEES AT WHEN INFLATION IS AT ALL TIME HIGH??
there is no pay for skill, they say they pay for an opportunity which is not what the culture used to be
been here for years, used to love my job and now I HATE it and can't wait to get out

Ratings by topics
1.0 out of 5 stars for Work/Life Balance
1.0 out of 5 stars for Compensation/Benefits
1.0 out of 5 stars for Job Security/Advancement
1.0 out of 5 stars for Management
1.0 out of 5 stats for Culture"

Layoff thousands, see profits rise, isnt that basic business 101 in Wharton???

Taking bets: post best guesses below.

I’m at 2 mil

The most recent ex-dividend date for Exxon Mobil Corporation (XOM) is August 15, 2025, with a quarterly dividend payment of $0.99 per share, payable on September 10, 2025, to shareholders of record as of the close of business on August 15, 2025.

It ain’t much but every little bit helps.

Got laid off today from TMO. Once again all the execs care about is the $ to Wall Street. TMO is really ran by Sprint

Sickening really - those at the top getting insane stock options + bonus's, company making record profits, then they do this!

Any I have been unofficially told by my line manager that we should not expect any bonus/rise or RSU's in this years performance cycle.

Do they not realise its us peasants at the bottom of the tree that are enabling them to make this huge revenue?

Hey Jimmy! If you are reading this ( haha) please let those of us who” critical” employees take the ERP! It would help you reach your profit margins sooner!

https://www.nasdaq.com/press-release/boeing-to-hold-virtual-annual-meeting-of-shareholders-2020-03-23

CHICAGO, March 23, 2020 /PRNewswire/ – Boeing [NYSE: BA]
Boeing will host its 2020 annual meeting of shareholders virtually
due to the public health impact of the coronavirus pandemic and to
Prioritize the health and well-being of meeting participants.

The 2020 annual meeting of shareholders will be held
In a virtual format only at 9 a.m. Central time on > (April 27, 2020)
Shareholders will not be able to attend the 2020 annual meeting in person.

Pre Remarks:

We will be extending every courtesy and precaution to our real stakeholders.
Highlights:
Some we can talk about and we will share those details.
Others we cannot discuses ever, as currently we are engaged in a high level
of criminal endeavors regarding Workforce reduction along with mitigating
future liabilities.

We are exploring every opportunity to triple our offshore outsourcing programs.
The most promising region is India here we are doubling our contracted work
From one billion to two billion dollars U.S.

https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/boeing-doubles-outsourcing-from-india-to-500-million-in-a-year/articleshow/51009175.cms

Note:
We did Outsourced the Max Software to India at a cost of $9-an-Hour.
This resulted in tremendous savings
https://www.bloomberg.com/news/articles/2019-06-28/boeing-s-737-max-software-outsourced-to-9-an-hour-engineers

Our forecast at this time, is an ability to reduce coast eight fold through
Outsourcing to our beloved partner in global crime, India

We hold full confidence in India’s Ruthless and Amoral approach to business.
As An Example: India has frozen all shipments of medicines to the rest of the
world, including the U.S. even though many of the pharmaceutical companies
operating in India are U.S. Corporation. This was due to the Covid-19 pandemic
Boeing is uniquely positioned to recognize evil and rewards it.
Hell I wish we were based in India.
#PROFIT