#execshuffle

This is my favourite Wizard of Oz song.

I think things are looking up at Fiserv.

Vishay is good. He understands core banking inside out. There should be a lot less chair shuffling as an earlier post suggested. Of course, that someone, the “she” who shuffles the chairs, is horrible to the health of Fiservants.

Is it true?

So what is the real story behind the CFO change? Not interested in medical history… was it stress induced or DW had enough?

Per LK

Lal is forcing end of the year

Serious question: is this an actual leadership change… or just another episode of “nothing to see here, carry on”?

Because if you’ve been here longer than five minutes, you’ve seen this headline before. Big announcement. Big promises. Same results. Now we’re being told the MM exit is happening in July.
July??

So we’re just supposed to sit tight for a few more months and pretend everything is fine while the same dysfunction keeps running? That the damage they did to people didn’t happen? At this point, it’s not even skepticism, it’s pattern recognition.

Let’s recap what employees have actually experienced:
• Constant churn
• Strong people walking out the door
• “Transformation” that somehow makes things worse, not better
• Leadership narratives that don’t match reality on the ground

And now we’re supposed to believe this time it’s different?

I think the real internal reaction is:
“I’ll believe it when I see the calendar hit July… and even then, I’ll give it a week.”

Also—genuine question—how much did this last year of “strategy” actually cost the company in lost talent, momentum, and dollars?

Because that’s the part no one ever addresses. If this is real, great. Long overdue. But respectfully… employees aren’t celebrating yet.

We’ve learned, we have the scars, the damage has been done and we will pray for the future org they fake their way into.

Thoughts?

https://www.reuters.com/business/energy/occidentals-hollub-us-oils-most-powerful-woman-prepares-hand-over-reins-sources-2026-03-26/?fbclid=PAT01DUAQybWVleHRuA2FlbQIxMABzcnRjBmFwcF9pZA81NjcwNjczNDMzNTI0MjcAAafvEuiIvnOvKTiucnWJcB1zyFCfbWHhW_KaX6Mmok57YQFFkEPot3kQ_x0FLA_aem_BAgLm0TWnrRFWSQ4s0hIsA

GPC finally fired not retired our supposed tech leader. He destroyed a great organization. Next they will move to take out all his minions.

Anyone want to start a pool who is the next C Suite to either leave or get forced out?
Make your guess of who, and what quarter (or month if you're bold) you think it happens.

Jenny Breeden and Bill Foudy are out. What are they doing with owned brands?

Heard that Pharm Systems is at it again. Another wave of VPs and executives leaving. Others (barely any) updating their LinkedIn profiles to "Open to Work" and probably asking competitors for job openings. Europe, US - they're flying out faster than Tom&Jerry in their private jet to Jackson Hole. The sales organization is wiped out - a printed picture memory at this point. The people who actually knew the clients, knew the product, and knew how to close - gone. Last I heard, they now have project managers hunting for device business. Let that sink in. Somewhere along the way, politics ate strategy alive. Then came the massive bonus and commission cuts - looks good on the quarterly report. The PnL is probably on life support by another travel ban. Then Services? Handed to people with 0 experience whose previous team was actually taken apart and promptly set on fire. Those of us who got out are just sitting here with popcorn, watching, and waiting for the "Pharm Systems Acquired By..." press release to drop.

Seems like a hard working and nice guy. Just an Arun thing?

Wow, did not see that coming. Devote more time to family my Aunt Fanny.

Hardly anyone sticks at the same place.

Maybe it’s the first of many to fall, or maybe not. We’ll see where this goes

Spilker is out! Now someone take VB please! We need our nice Optum culture back!

There was a thread the other week of potentially more org changes coming. And here we go. This place is circling the drain

Xbox has new leaders today, now that Phil Spencer and Sarah Bond are out — and you’d be forgiven for assuming that means yet another round of layoffs and shuttered studios, especially one day after Sony jettisoned a beloved developer.

https://www.theverge.com/games/882377/microsoft-says-todays-xbox-shakeup-doesnt-mean-game-studio-layoffs

That was a short tenure and strange timing.

Isn't this the 3rd new Optum CA president in less than a year??? Or am I getting confused?

The board has toppled Hans the ringmaster. Without his costume and whip in hand the Tiger gets run of the show. What a welcome turn of events.

They haven’t been pushed out. They haven’t been removed from “power”. They have been given newly created positions.

Conspiracy, or coincidence?

Any normal person would have thought they would be sent off with the old guard, but do they know too much?

She was removed from the leadership landing page and linkedin has Dec 2025 as the end of her time here. Seems like more shuffle, more noise and no clarity

What will happen to apla after CS departs? I work there and I'm worried. CC is only interim and rumor has it she's made it very clear she doesn't want a geo leadership role.

Can anyone offer any insight?

Geoffroy is beginning to trim the bloat.

Why I feel so unnerve with Sampath’s leave, plus what Dan said at the earnings call :(

So.. Verizon's head of its consumer division, Sowmyanarayan Sampath, is stepping down?? Or was he asked to leave??
When ole Danny Schulman stepped into his role in October he helped approved a $4 million payment for Sampath to retain him in his consumer CEO role. While he ordered Verizon's biggest-ever round of job cuts in November of 13000+

So… who’s the next head to roll? Which former PayPal person is coming along the Danny ride??

Saw the CEO of Nuvia left qualcomm and some other leavers from Qualcomm. Wonder what is going on. Leaving to found something else or layoffs/forced exits.

Ashley is out. Probably didn’t want all those layoffs planned on her back.

Well, it’s finally happening. Word from the top floor is that SF is officially getting the boot.
An exec (who shall remain nameless) confirmed that the Board of Directors spent most of last week in a "closed-door" session. The vibe was tense, and the topic was simple: the stock price is in the basement and someone has to take the fall.
It’s not exactly a surprise. The whole "AI on top of legacy tech" pivot has been a total disaster. We all saw the Zafin integration turn into a massive headache, and it looks like the Board finally lost patience with the "trust the process" narrative.
Expect an "official" PR-friendly announcement soon, but we all know the real reason why.

Keep hearing rumors about some leadership changes coming this week. Can someone spill the beans?

Our company isn't doing great and we were hoping the next CEO would actually be able to help us.
Care to way in on what kind of boss Ayman will be?

https://www.usbank.com/about-us-bank/news-and-stories/article-library/us-bancorp-announces-leadership-changes-in-its-operations-function.html

Chief Outsourcing Officer is retiring.

Either it’s a mistake or some big changes are coming. Currently the Leadership page has no profiles.

https://www.opentext.com/about/leadership

Kristi Moody, the legal brain who said it was OK to spin off the REIT, and that we'd win the lawsuit that we actually lost and put us into bankruptcy.... Has left the building.

A casualty of restructuring the department.

Adios Kristi. Best of luck in your new endeavors.

I know A Patel is gone. V Wali gone too? Rat is cleaning up all former Anil's leaders. Whats going on?

Is LP out ? LBT hired Qualcomm SVP Eric Demers GPU leader