Thread regarding Whole Foods Market Inc. layoffs

Why do Ken Meyer and David Lannon still have a job?

Ken and David were hired as global Vice Presidents at 838k a year both plus bonuses, yet the company is doing so much worse even with two people in new positions. Why doesn't Walter Robb get rid of them?

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| 4587 views | | 6 replies (last November 13, 2015) | Reply
Post ID: @OP+EqAExML

6 replies (most recent on top)

they have a nice blog! and they get tons of stock options cha ching!! Not bad for a "c' level student at Michigan State and his friend David. Now he's hired his other friend from Michigan to head up the 365 stores. I agree, wayyyyyyyy to many layers. They need to put people back in the stores. Customer Servcie brough this company to where it is to

Insider Transactions Reported - Last Two Years

Date

Insider

Shares

Type

Transaction

Value*

Jun 3, 2015 ALLSHOUSE SCOTT A

Officer

2,949 Direct Sale at $41.10 - $41.12 per share. 121,0002

Jun 3, 2015 ALLSHOUSE SCOTT A

Officer

2,250 Direct Option Exercise at $20.42 per share. 45,945

Jun 3, 2015 DERBA LAURA A

Officer

4,450 Direct Option Exercise at $20.42 - $31.25 per share. N/A

Jun 3, 2015 DERBA LAURA A

Officer

5,194 Direct Sale at $40.96 - $40.98 per share. 213,0002

Jun 1, 2015 BASHAW MICHAEL

Officer

428 Indirect Disposition (Non Open Market) at $41.36 per share. 17,702

May 27, 2015 MINARDI CHRISTINA

Officer

4,400 Direct Option Exercise at $20.42 per share. 89,848

May 27, 2015 MINARDI CHRISTINA

Officer

4,400 Direct Sale at $42.60 per share. 187,440

May 26, 2015 ROGOFF JOSEPH

Officer

6,000 Direct Option Exercise at $31.25 per share. 187,500

May 26, 2015 ROGOFF JOSEPH

Officer

6,000 Direct Sale at $42.32 per share. 253,920

May 21, 2015 DIXON MARK T

Officer

5,529 Direct Sale at $42.64 - $42.68 per share. 236,0002

May 21, 2015 DIXON MARK T

Officer

5,756 Direct Option Exercise at $20.42 - $37.91 per share. N/A

May 21, 2015 DIXON MARK T

Officer

1,033 Direct Disposition (Non Open Market) at $42.66 per share. 44,067

May 14, 2015 SORENSON RALPH Z

Director

15,000 Indirect Sale at $42.71 per share. 640,650

Mar 12, 2015 ROBB WALTER E IV

Officer

10,000 Direct Option Exercise at $20.42 per share. 204,200

Mar 12, 2015 TINDELL WILLIAM A

Director

12,500 Direct Sale at $54.59 per share. 682,375

Mar 12, 2015 TINDELL WILLIAM A

Director

12,500 Direct Option Exercise at $9.45 per share. 118,125

Mar 12, 2015 ROBB WALTER E IV

Officer

10,000 Direct Sale at $54.38 per share. 543,800

Mar 11, 2015 NUNEZ JUAN

Officer

5,792 Direct Sale at $54 per share. 312,768

Mar 11, 2015 NUNEZ JUAN

Officer

4,986 Direct Option Exercise at $20.42 per share. 101,814

Mar 5, 2015 JORDAN WILLIAM EARL

Officer

835 Direct Disposition (Non Open Market) at $56.04 per share. 46,793

Mar 5, 2015 TWYMAN ROBERT M

Officer

3,025 Indirect Disposition (Non Open Market) at $55.75 per share. 168,643

Mar 5, 2015 JORDAN WILLIAM EARL

Officer

8,775 Direct Option Exercise at $9.45 - $56.04 per share. N/A

Mar 5, 2015 TWYMAN ROBERT M

Officer

7,132 Direct Option Exercise at $20.42 - $31.25 per share. N/A

Mar 5, 2015 TWYMAN ROBERT M

Officer

7,132 Direct Sale at $56.25 per share. 401,175

Mar 5, 2015 JORDAN WILLIAM EARL

Officer

7,818 Direct Sale at $56.05 - $56.4 per share. 440,0002

Mar 2, 2015 MEYER KENNETH J

Officer

11,320 Direct Sale at $56.40 - $56.46 per share. 639,0002

Mar 2, 2015 MEYER KENNETH J

Officer

11,320 Direct Option Exercise at $20.42 per share. 231,154

Feb 27, 2015 GALLO A C

Officer

668 Direct Sale at $57 per share. 38,076

Feb 25, 2015 GALLO A C

Officer

3,182 Direct Sale at $56.90 per share. 181,055

Feb 23, 2015 ELSTROTT JOHN

Director

2,000 Direct Sale at $56.97 per share. 113,940

Feb 23, 2015 BRADLEY PATRICK E

Officer

683 Direct Sale at $57.04 per share. 38,958

Feb 23, 2015 SUD JAMES P

Officer

3,921 Direct Sale at $57.30 - $57.35 per share. 225,0002

Feb 23, 2015 SUD JAMES P

Officer

2,232 Direct Option Exercise at $20.42 per share. 45,577

Feb 20, 2015 GALLO A C

Officer

382 Direct Disposition (Non Open Market) at $56.72 per share. 21,667

Feb 20, 2015 ROGOFF JOSEPH

Officer

806 Direct Sale at $56.43 per share. 45,482

Feb 20, 2015 LANNON DAVID

Officer

4,546 Direct Option Exercise at $20.42 per share. 92,829

Feb 20, 2015 LANNON DAVID

Officer

4,546 Direct Sale at $56.58 - $56.6 per share. 257,0002

Feb 20, 2015 ROBB WALTER E IV

Officer

8,330 Direct Sale at $56.60 per share. 471,478

Feb 20, 2015 ROBB WALTER E IV

Officer

213 Direct Disposition (Non Open Market) at $56.72 per share. 12,081

Feb 20, 2015 ROBB WALTER E IV

Officer

8,330 Direct Option Exercise at $20.42 per share. 170,098

Feb 17, 2015 GAYE OMAR

Officer

8,530 Direct Sale at $56 per share. 477,680

Feb 17, 2015 GAYE OMAR

Officer

7,750 Direct Option Exercise at $42.82 - $44.27 per share. 337,0002

Feb 13, 2015 GREENE-SULZBERGER GABRIELLE

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 KUGELMAN STEPHANIE

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 LANNON DAVID

Officer

949 Direct Disposition (Non Open Market) at $56.15 per share. 53,286

Feb 13, 2015 SOKOLOFF JONATHAN D

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 LANNON DAVID

Officer

5,344 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 HASSAN SHAHID M

Director

3,722 Direct Sale at $56.09 per share. 208,766

Feb 13, 2015 HASSAN SHAHID M

Director

3,722 Direct Option Exercise at $9.45 per share. 35,172

Feb 13, 2015 MEYER KENNETH J

Officer

5,344 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 LANG ROBERTA

Officer

487 Direct Disposition (Non Open Market) at $56.15 per share. 27,345

Feb 13, 2015 MINARDI CHRISTINA

Officer

510 Direct Disposition (Non Open Market) at $56.15 per share. 28,636

Feb 13, 2015 SEIFFER JONATHAN A

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 DIXON MARK T

Officer

391 Direct Disposition (Non Open Market) at $46.15 per share. 18,044

Feb 13, 2015 MEYER KENNETH J

Officer

919 Direct Disposition (Non Open Market) at $56.15 per share. 51,601

Feb 13, 2015 GALLO A C

Officer

21,150 Direct Sale at $56.10 per share. 1,186,515

Feb 13, 2015 ELSTROTT JOHN

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 GALLO A C

Officer

10,687 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 GALLO A C

Officer

1,603 Direct Disposition (Non Open Market) at $56.15 per share. 90,008

Feb 13, 2015 TINDELL WILLIAM A

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 NUNEZ JUAN

Officer

391 Direct Disposition (Non Open Market) at $56.15 per share. 21,954

Feb 13, 2015 GAYE OMAR

Officer

417 Direct Disposition (Non Open Market) at $56.15 per share. 23,414

Feb 13, 2015 ROGOFF JOSEPH

Officer

391 Direct Disposition (Non Open Market) at $56.15 per share. 21,954

Feb 13, 2015 BRADLEY PATRICK E

Officer

514 Direct Disposition (Non Open Market) at $56.15 per share. 28,861

Feb 13, 2015 ROBB WALTER E IV

Officer

1,357 Direct Disposition (Non Open Market) at $56.15 per share. 76,195

Feb 13, 2015 ROBB WALTER E IV

Officer

10,687 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 BRADLEY PATRICK E

Officer

3,020 Direct Sale at $56.15 per share. 169,573

Feb 13, 2015 SIEGEL MORRIS J

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 BRADLEY PATRICK E

Officer

3,020 Direct Option Exercise at $20.42 - $31.25 per share. N/A

Feb 13, 2015 SUD JAMES P

Officer

5,344 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 GALLO A C

Officer

21,150 Direct Option Exercise at $20.42 per share. 431,883

Feb 13, 2015 FLANAGAN GLENDA J

Officer

705 Direct Disposition (Non Open Market) at $56.15 per share. 39,585

Feb 13, 2015 FLANAGAN GLENDA J

Officer

5,344 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 ALLSHOUSE SCOTT A

Officer

498 Direct Disposition (Non Open Market) at $56.15 per share. 27,962

Feb 13, 2015 SORENSON RALPH Z

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 SUD JAMES P

Officer

704 Direct Disposition (Non Open Market) at $56.15 per share. 39,529

Feb 13, 2015 HASSAN SHAHID M

Director

1,069 Direct Acquisition (Non Open Market) at $0 per share. N/A

Feb 13, 2015 DERBA LAURA A

Officer

453 Direct Disposition (Non Open Market) at $46.15 per share. 20,905

Dec 4, 2014 SORENSON RALPH Z

Director

1,000 Direct Option Exercise at $9.45 per share. 9,450

Dec 4, 2014 SORENSON RALPH Z

Director

1,000 Direct Sale at $48.87 per share. 48,870

Dec 4, 2014 FLANAGAN GLENDA J

Officer

20,000 Indirect Acquisition (Non Open Market) at $0 per share. N/A

Dec 4, 2014 FLANAGAN GLENDA J

Officer

20,000 Direct Disposition (Non Open Market) at $0 per share. N/A

Dec 2, 2014 TINDELL WILLIAM A

Director

1,200 Direct Acquisition (Non Open Market) at $0 per share. N/A

Dec 2, 2014 SOKOLOFF JONATHAN D

Director

1,200 Direct Acquisition (Non Open Market) at $0 per share. N/A

Dec 2, 2

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Post ID: @1QoP+EqAExML

http://media.wholefoodsmarket.com/images/sized/d6c9093c9bc6bd122038f2e0ffad3854f795f380.jpg

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Post ID: @1wwN+EqAExML

http://media.wholefoodsmarket.com/images/sized/8c8ac2fe6510b32371ad025e22b833737a4b83d8.jpg

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Post ID: @1iHH+EqAExML

That's a good question. Yet another example of too many chiefs and not enough natives. Just put the top 3 regions in customer satisfaction and sales growth in charge of the other 9, and then one could put dozens of coordinators, regional presidents, vice presidents, under-assistant vice presidents to WORK. Give them each a freakin' price gun and a box cutter. As for those two overpaid do-nothings and all the other do-nothings, I propose an experiment: Have them go on a "test layoff" for 3 months. If nothing changes, or things actually IMPROVE, then they weren't needed in the first place.

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Post ID: @1fhO+EqAExML

Seriously such wasted positions and waste of capital!! Lennon heads the "Healthy Eating and Wellness Club" lolol what a crock!! A 7 member executive team??? Screw these dinks, all my hard work and sacrifices wasted for these wastes of $$$, I should be thanking them though because the severance and time off during the holidays along with a ticket out of hell is beyond awesome!! Especially when my former coworkers who i keep in contact with are miserable and are wishing they got a severance and out of Whole Hell

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Post ID: @Obd+EqAExML

because Dave Lannon is a fat load, and Ken Meyer looks like he has a ferret head...seriously so NA for example has 6 coordinators in grocery, VP's, Rick Bonin as a regional president then they have the global presidents.....ughhhhhhh sooooooo much hot air filled egos...no wonder the company is going down like the Hindenburg!!!

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Post ID: @awP+EqAExML

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