The track record of the CHRO and CEO in selecting talent is abysmal. The batting average must be less than 2 out of 10 have made it including Franks failed selection of Mike Lyons himself.
Where is the Board? Surely the Talent and Compensation Committee Chair must be witnessing this failure. Divya alone will cost the company millions.
8 replies (most recent on top)
@OP The former CEO and current CHRO are to blame along with a list of people from the near past. They pick people based on how many cr*cks they licked. We in trouble. I bet we are all doomed and our office will be hit first here in The Phretta.
@ak I know, right? Where’s the growth? Where the performance? I would rate them both below average. Do these people have any performance reviews like the rest of us? What a joke.
@a8 unfortunately, you may be right. This is beyond saving. Someone here said Fiserv is in $20B in debt. I’m not sure if that’s accurate. even if it was, with that considerable debt, slowing cash flow, and nothing new coming in, we may be headed towards bankruptcy. I see nothing but de-conversions left-right each day. Thanks DS for making the clients leave a record pace.
Seriously, what TF does Ricky Songboy actually do for a living?
Clearly the company is failing. These executives are leaving because they see the writing on the wall not because they are being pushed. The company is trying to sell off key assets with STAR and God only knows what other divisions they are in talks to sell. This is way more than just replacing one person. I foresee bankruptcy in Fiserv’s future.
@a6 , let’s start with the ones who were hired by her and friends. They all share the same qualities as her that look good on paper/linkedIn but are absolutely clueless.
Kick back and enjoy the chaos. Expect massive layoffs and building closures as FiFail fails fast. 🍿
They are all clueless.
I just want my check until they lay me off.