From bad to worse to clusterf-k. I should be working for CVX right now. Or comfortably COC'd out. I can't predict everything that CVX would have done, but we already know they going to keep the Woodlands campus, keep Mozambique and many of the other assets that APC employees had poured their hearts and souls into. CVX was prepared to absorb APC employees. After closing, we would have had face to face with CVX managers because, unlike Oxy, CVX was actually interested in the human capital. Instead, all the experience and knowledge base is gone in one fell swoop called VSP. Now we have little Oxyites with their cute Oxy shirts and jackets running the place. So here we are, all because some spoiled, arrogant woman didn't want to back down. The best company definitely did not win the prize this time. I didn't want to ride this ship to the bottom, but I guess thats my fate.
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Every decision that has been made by VH and board, starting at the beginning with the decision to circumvent shareholder vote, to current, has been made willfully and in poor judgement, rooted in pride. How does anyone think that adding together so many bad decisions can result in a positive outcome? Its impossible. The chickens have come home to roost. It is just tragic that so many innocent people will be laid to waste as collateral damage. It makes me sick.
The only solution is to have a "Deep Dive" meeting to find out why the ship is sinking. Minimum of 60 attendees, 200 PP slides and all in attendance massaging the ego of the EVP.
It is amazing how a handily of execs can f* it up for 1,000s of worker bees. I guess I understand the French Revolution a little better. Now where’s my cake.
I agree with your analogy. I was recently telling someone that I felt like we were like the Titanic up until we hit the Anadarko iceberg. I don't know what would have happened to legacy Anadarko folks if Chevron would have purchased you, but I too wish that Chevron would have dealt with that iceberg instead of us. Sure, some of us will survive all of this (mostly our upper management who are riding 1st class, and your old management who is already relaxing on a tropical island somewhere), but it's going to really hurt a lot of us. I wish VH, OB, GV, and the other execs would go down with the ship too, but that won't happen. They'll just take their millions and live a life of luxury once Icahn shows them the door.