I always wondered how Phil was able to roll out the same warmed over strategic vision each Investor Day, and how investors have tolerated almost zero organic growth for a long time.
Finally someone has called them out on it.
This is a company that can’t execute. They are too small to compete with the big players and too big to be nimble. The majority of their leadership team should either be retired or fired.
I’ve been seeing many of the senior level under the ELT get laid off, or update their LinkedIn profiles recently knowing something will likely happen in the near future.
If you are a current ACI employee I’d start planning your exit soon. If the company is sold, which I think it will be now that Phil is gone, your jobs will be in jeopardy. If you are in Naples, plan a move as well.