#executives

Several senior PayPal executives have sold more than $1.5 million in company stock since the October earnings report, leading some to argue that they should be held accountable.

2 big branch divisional execs willingly left/resigned Wells Fargo this year (Cali and the southeast). Who will take their roles? Why does everyone hate Colleen? It’s giving ghetto!

Since 2020, Udit Batra’s total compensation at Waters Corporation has grown by about 95%, rising from about $5.7 million in his first year as CEO to more than $11.1 million in 2024.
Batra’s pay is ~132 × the median employee’s compensation, according to Waters’ own proxy disclosures. 

The disaster that most everyone realized was coming is directly related to the hiring of executives, for lack of a better term, from Sweden, Ireland, India, and Canada. At least two have been under investigation of wrongdoing while being the head of other companies. The next part of the disaster is allowing HR to run the business with its innate stupidity. Another part of the mix is increasing prices and forcing someone within finance to manipulate the numbers by showing increased subscribers rather than terminations based upon the increase. Forcing out the knowledge base within the company. Offshoring customer service and everything else they could get their hands on. This CEO will do no better and the price increases will continue along with layoffs. When something this large is turned into such a mess, it will take a very long time to correct. One common theme that has existed for at least ten years is the executives do not want to hear the truth. Every negative is twisted, turned, and shined so the executives can continue to believe that they are the greatest.

This is from Wireless, but still very much true. OP is @f7+1k9q3zzfe.

Current or previous V-Teamer.

No, not that Craig Barratt.

#WhatAreWeGoingToDoWithGrandpa?

Terrible executive leadership ki-ling our company

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Executive Suite In Laws & Relatives.

Directors and sr. Directors are getting 30 months package for leaving the company. Others will get max. Of 12 months package

Does anyone else laugh as hard as I do when SB calls J.E.G., Jag? Dude doesn't know how to pronounce a high ranking member of the EC nor does anyone on EC care to correct him.

3M has been one of the biggest examples of nepotism and favoritism in terms of career growth i have ever seen. How many cases are there of a vp’s nephew getting regular promotions or an execs son or family member becoming a vp? Too many to count!

Even if you are safe, be sure and pack your stuff. As you know, the executives love to restack the offices and pay movers to move everyone’s crates. It’s a timeless tradition: Musical offices. it’s immensely satisfying and is a fun way to waste money.

I remember one year my office was moved 4 times: once for new office furniture, once for bathroom remodeling, once again after remodeling was complete, and finally again for the Concho merger. It got to where I quit unpacking and just kept all my stuff in small boxes I could easily sit inside the crates - saved time…

You might also want to invest is Scott Rice stock - they’ll be getting plenty of business from us next year.

I might not have liked all of Dan’s message but at least it was spoken plainly and honestly. What is really annoying and a little disturbing is that a lot of our leaders now seem to operate like politicians. They ignore anything negative or challenging and only look to talk about the positives. This is totally insulting to employees intelligence and emphasises the gulf between senior leaders with what is happening on the front line

Lots of buzz on this or they might end up selling one of the two - Merchant vs Financial - lucrative stock price!!! save the ship from sinking while Franky and his gangsters sip some luxurious wine, watching sunset from his beachfront villa , laugh it out on hard working associates who are about to be RIFd big time !!! What a shame s**ky Franky

1 on 1 with my manager today and he made 2 comments:

• Confirmed another round of US cuts the first week of December.

• No input on who will be cut from the lower levels - higher execs making the decisions based on whatever metrics they see (which are usually garbage).

Enjoy Thanksgiving because you may get roasted that first week if December!

Arguably John Gibbons was most responsible for the operational decline of the FI Group.

If you need to pay him - it is a slap in shareholders faces to do so. He could have been let go for cause, not a made up Senior Advisor. Who exactly is he advising?

I hope he Axes VPs and high ups, those money su-king actors. They are the axis of all evil. They don’t know anything about the frontlines and the struggle. They come in to take pictures and F off. Get rid of them!!!

Last exec got off without fines. New scandals will emerge.

Credit:

https://www.wsoctv.com/news/local/former-wells-fargo-exec-cleared-10m-penalty-fake-accounts-scandal/EYNGAX75E5FYPNA5CBSCWH2PZE/

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Former Wells Fargo exec cleared of $10M penalty in fake accounts scandal

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By WSOCTV.com News Staff
October 24, 2025 at 3:52 pm EDT
CHARLOTTE — A former Wells Fargo executive, once ordered to pay $10 million for her role in the bank’s fake sales accounts scandal, will now pay nothing.

ALSO READ: Wells Fargo installs new lights on Uptown building, shows special features

According to the Charlotte Observer, federal regulators have settled with Wells Fargo’s former risk officer, Claudia Russ Anderson.

The scandal involved thousands of employees opening millions of unauthorized accounts.

In total, regulators collected more than $430 million in fines from other executives.

Penny spent some more of her displaced associates money today. Penny brought former St. Louis Blues player Chris Pronger in to the home office today to preach about the importance of what we do. Pronger said he needed financial guidance when he received a $7 million four year contract with a $4 million signing bonus at the age of eighteen. Penny and team are either tone deaf and/or just do not care. Penny has laid off people making five figures and trying to figure out which bill to pay this month by sending jobs to India. Penny has demoted some of her Enterprise Reimagined survivors who are now scraping by. Penny brings in a 51 year old ex jock who was a multimillionaire at the age of eighteen. This saga just keeps getting worse at the home office. Penny is just rubbing salt in the wounds of everyone affected by her Enterprise Reimagined project. How can Pronger give a speech about his financial life? Who did he think he was speaking to? Did he think he was speaking to a room full of Edward Jones ELT members who make eight figures annually? The most amazing part of Pronger's speech was when he said he too had navigate retirement woes. The man is 51. He could have retired at the age of 18 with his signing bonus if he wanted to. The home office has people literally making $40,000 per year and he is lecturing us about his retirement woes. Some of the people at the home office have been working there for decades and have no idea when they will be able to retire. They may have to work until the day the die thanks to Penny. Now, because of Penny, these people also have to look over their shoulders at the fear of losing their five figure job to someone in India. The change in culture from JW to Penny is absolutely stunning. Let's run down the cavalcade of rich people Penny has brought in to lecture the firm, Magic Johnson, Simone Biles, Hoda Kotb, and Chris Pronger. Penny said her biggest mistake was spending too much money when she first became managing partner. Penny is now slashing expenses (labor), but still wasting money which has nothing to do with serving clients better by bringing these people in who never say anything worthwhile or practical to their audience. Chris Pronger now runs a luxury travel agency in Chesterfield, MO. Maybe our displaced and demoted associates can put an application in with his company. I fear though only Penny and the rest of the ELT will actually be able to be one of Pronger's clients.

The defense contractor L3Harris Technologies finds itself at a critical juncture, presenting investors with a complex puzzle. While the company secures a multi-billion dollar international defense agreement, significant stock sales by its top executives and a legal scandal involving a former manager are creating headwinds.

Recent regulatory filings reveal a notable trend among L3Harris leadership. Chief Executive Officer Christopher Kubasik substantially reduced his equity position by selling 83,000 shares, representing a decrease of more than 36 percent in his holdings. This transaction forms part of a broader pattern where company insiders have disposed of securities valued at over $53 million during the past quarter.

These substantial disposals by key management figures emerge alongside troubling legal developments. Federal prosecutors have brought charges against a former L3Harris manager, alleging the individual transferred eight confidential business secrets to a Russian buyer. Although the company is no longer associated with the accused, the case potentially impacts market confidence in the organization's governance and security protocols.

Counterbalancing these concerns, L3Harris announced a landmark $2.26 billion contract with the South Korean air force. The agreement involves supplying four cutting-edge airborne early warning and surveillance aircraft based on modified Bombardier Global 6500 jets. Deliveries for this strategic asset are scheduled between 2030 and 2032, enhancing the allied nation's military capabilities in the crucial Indo-Pacific theater.

Christopher Kubasik emphasized the transaction's significance, stating the company "will deliver an advanced fleet that will strengthen the operational capacity of a key American ally." This substantial order reinforces L3Harris's competitive standing in surveillance and command systems—technologies experiencing growing global demand amid current geopolitical tensions.

Investors now face conflicting signals as they assess the defense contractor's prospects. The substantial South Korean order demonstrates compelling operational strength and international demand for the company's products. Conversely, the scale of insider selling activity introduces uncertainty about management's outlook.

Market attention now turns to the upcoming quarterly earnings report scheduled for Thursday. These financial results may either alleviate concerns sparked by the executive stock sales or validate market apprehensions. The share price has recently demonstrated resilience, trading comfortably above its key moving averages, but the coming days will determine whether L3Harris can translate these contrasting developments into sustained growth momentum.

Optum's getting yet another CFO as the leadership revolving door keeps spinning. What can you all tell us about old Benny Boy?

VPs in the business (property management, ...) got deactivated. Tomorrow L8 and below will happen

Will Auchincloss remain as bp CEO beyond 2026 or other candidates better suited to lead the company to prosperity…

Name your candidates and why?

Where is everyone getting their info about execs let go? I would like to see a whole list as it might give us some idea about where the layoffs are going to be.

https://www.barrons.com/articles/citi-ceo-fraser-bonus-called-excessive-560ac41b

Greed has no limits. Get rid of hardworking workers and make it hard for them to get roof over their head and food on the table while greedy executives splurge on expensive caviar and champagne. So much for board independence.

Especially the useless top gear Dir/VPs being thrown out?

I know some Senior Leaders have been meeting this week to get updates. I'm not sure how many details they shared with you, but would you be willing to share some general thoughts here?

What do these Ford Executives do all day long?

They have mastered the art of rewarding cuts instead of effort. Executives keep cashing in while employees lose benefits and customers lose patience. Every quarter it’s the same flashy story for investors while the rest of us deal with the fallout. It’s hard to see where any real future fits into that plan.

Hi its Rual, i have to present another bad set of results on the 30th please can you help me with some excuses. I have the standard ones like were growing the business, more new managers appointed, more cuts, and i will throw in AI. If you can help please post your ideas, i need to get trick the analyst again.

I seent a former C suite employee, who ran another E&P company into the ground and got laid off, at a Loves Truck Stop. Had that cheesy grin and walked a little light in the loaders so yup just another Saturday night for him.

Twenty-four years in the same system — and what we celebrate is endurance, not progress. HR calls it loyalty. Most of us call it survival.

Look at that photo parade of executives. They’re not symbols of a healthy company — they’re evidence of what went wrong. These people are responsible for Verizon’s decline, not because of who they are, but because of what they failed to do. They traded competence for branding, strategy for slogans, and accountability for optics.

Upper management turned visibility into the goal. Titles grew; real responsibility shrank. While they polished personal brands and ran PR campaigns, the work that keeps the company running — the network, the customers, the finances — quietly eroded.

This isn’t a comment on gender or diversity. It’s about a leadership culture that values appearance over results. They didn’t inherit a broken company — they perfected how to hide failure. And now, as another round of layoffs nears, they’ll post about “resilience” while others pack boxes.

Smiles don’t fix towers, routing, or cash flow. The pictures tell the story better than any press release.

Any word on if she was pushed out? I am assuming so based on the four sub groups now reporting to other people, and no mention of backfilling

As title says.. I will vote for C. Paul and Vivek (whatever the last name is). They both need to be packed and shipped out asap. They are robbing Verizon. CX su-ks at all levels.

Full podcast: https://www.youtube.com/watch?v=9WSsLSq40Yw&t=1693s

Article here:
https://www.businessinsider.com/michael-dell-advice-make-crisis-2025-10

"People work best under pressure. A good leader applies it."

What do you guys think about the last sentence?

On October 6, 2025, Verizon filed a Current Report on Form 8-K disclosing, among other things, the appointment of Daniel H. Schulman as Chief Executive Officer, effective as of October 4, 2025. Verizon is filing this Amendment No. 1 to such Current Report to provide information regarding Mr. Schulman’s compensation arrangements that were entered into after such Current Report was filed.

On October 13, 2025, Verizon entered into a letter agreement with Mr. Schulman, which provides for his continued role as Chief Executive Officer through December 31, 2027. Mr. Schulman will continue serving as a member of the Board of Directors of Verizon (the “Board”) and will be nominated for reelection to the Board at each annual meeting of Verizon’s shareholders during the term. In consideration of his employment as Chief Executive Officer, Mr. Schulman will be paid an annualized base salary of $1,500,000 and will be eligible to participate in the Verizon Short Term Incentive Plan with a target incentive opportunity equal to 250% of his base salary, prorated for fiscal year 2025. Mr. Schulman will also receive the following Verizon equity awards in the form of Verizon restricted stock units (“RSUs”) and Verizon performance stock units (“PSUs”), which collectively represent Mr. Schulman’s exclusive long-term incentive compensation during the term:

(i) 

an RSU grant with a target value equal to $9.5 million to compensate Mr. Schulman for incentive compensation that he forfeited upon resignation from his service relationship with an investment firm in connection with his appointment as Chief Executive Officer, which will be granted on October 17, 2025 and will vest on December 31, 2026, generally subject to his continued employment through such date;
an RSU grant with a target value equal to $20 million, which will be granted on October 17, 2025 and will vest on December 31, 2027, generally subject to his continued employment through such date;

(iii)   

a PSU grant with a target value equal to $30 million, which will be granted during 2026 and prior to January 15, 2026 and will vest, to the extent earned, on December 31, 2027, generally subject to his continued employment through such date. This PSU grant is divided into two tranches, each corresponding to 50% of the award. Each tranche may be earned at a range of 0-200% of the target number of PSUs granted, based on the level of achievement of Verizon’s total shareholder return relative to a comparator group to be determined by the Human Resources Committee (the “Committee”) of the Board at the time of grant in 2026. For the first tranche, such achievement is measured over a performance period beginning October 17, 2025 and ending December 31, 2026 and for the second tranche, such achievement is measured over a performance period beginning October 17, 2025 and ending December 31, 2027; and

(iv)    

a supplemental PSU grant relating to 222,222 PSUs at target, which will be granted on October 17, 2025 and may be earned at a range of 0-300% of the target number of PSUs granted based on the achievement of average share price goals ranging from $55.00 to $75.00 per share of Verizon common stock over a performance period commencing on October 17, 2025 and ending December 31, 2028. The earned PSUs will generally vest on December 31, 2027 or such later date during the performance period on which the applicable share price performance goal is achieved, generally subject to Mr. Schulman’s continued employment with Verizon through December 31, 2027. This PSU grant is divided into nine tranches, each of which corresponds to an average share price goal. An average share price goal will be treated as achieved (resulting in the corresponding tranche of the grant being deemed to be earned) on the last day of a measurement period (defined as any period of 20 consecutive trading days of Verizon common stock on the New York Stock Exchange that both begins and ends during the performance period) if, as of each trading day during the measurement period, the average closing price of a share of Verizon common stock on the New York Stock Exchange for the trailing period of 20 consecutive trading days ending on and including such day exceeds the applicable average share price goal.

The number of shares of Verizon common stock underlying the equity grants described in clauses (i), (ii), and (iii) above will be determined by dividing the target dollar value of the grant by a reference price that is calculated as the average closing price of Verizon common stock over the 20 consecutive trading days ending on and including October 17, 2025 and rounding up to the nearest whole number of shares. Mr. Schulman is entitled to certain termination vesting protections with respect to his RSUs and PSUs upon a qualifying termination of employment, including that upon Mr. Schulman’s termination of employment due to a succession event (generally defined as circumstances where a successor Chief Executive Officer of Verizon has been appointed and Mr. Schulman has facilitated an orderly transition of his duties), the time-based vesting conditions will be deemed satisfied for all of Mr. Schulman’s equity grants described above. In addition, if prior to December 31, 2027, Mr. Schulman’s employment terminates due to a succession event, he will be entitled to receive the remaining base salary and short-term incentive compensation that he would have received had he remained employed with Verizon as Chief Executive Officer through December 31, 2027 (with short-term incentive compensation determined based on actual performance for the fiscal year in which the termination occurs and target performance for fiscal years that have not yet commenced as of the termination date).

Named Executive Officer Retention Awards

On October 13, 2025, the Committee approved a one-time retention RSU award with a target value of $4,000,000 for each of Sowmyanarayan Sampath, Executive Vice President and Group CEO - Verizon Consumer, and Anthony Skiadas, Executive Vice President and Chief Financial Officer. The number of shares of Verizon common stock underlying each award will be determined by dividing the target dollar value by the closing price of a share of Verizon common stock on the New York Stock Exchange on the grant date and rounding up to the nearest whole number of shares. Each award will be granted on October 17, 2025 and will vest on December 31, 2027, generally subject to the continued employment of Mr. Sampath or Mr. Skiadas, as applicable, through such date. Each of Mr. Sampath and Mr. Skiadas is entitled to certain termination vesting protections with respect to his RSUs upon a qualifying termination of employment.

More new executive hires. SunTruist changes leadership in various areas like dirty socks. We are now spending millions to try and get back the wholesale payments and business they three years ago didn’t give a damn about. This circus needs a bigger tent!

Is it not tell tale when one of the upstream executives who worked on this restructuring resigns and goes to Suncor?

Certain employees are being laid off due to the location strategy in Florida. However, Summers, Gindi, Ta, Craven, and several other executives will be operating from West Palm Beach for tax advantages. This represents a clear double standard and is a significant affront to all of us who are facing job losses.

Can anyone shed light on how promotions to CL30 work? Of course, one needs to have exec potential.

Does one need an Exec sponsor? Is two consecutive Outstanding enough to get there after CL29?

Please FACTS only ... no bul--hit ... all cr-bab-es only read and learn ... don't need BTC/KLTC as well ...