SWN down 40% since he took over as CEO ($7.65 to current). Way over his head! He has the reverse midas touch.
How can investors and Board be okay with that?
He is a laughing stock within the industry. Other CEOs can't stand him - esp those that have to work with him (see recent acquisitions).
Push him out and sell! He's tried creating V+ since he took over and is only destroying it. Better to put the company and employees in the hands of someone much more capable.
Now down 46%... Go to rbcrichardsonbarr.com and compare SWN to our peers. We are the ultimate underperformer with him at the helm. We waste money on his ego (see other post about top CEO award) and repairing damage he causes.
Billy W ain’t going anywhere.
Continental just named DL their COO only months after bankrupting a company that held itself out as the gold standard.
Competence has no bearing on tenure. Cronyism rules the day. Sexism, misogyny and racism underlay the cronyism and incompetence.
The Patch has become a cesspool of misfits and losers all with larceny in their hearts.
Pappy warned me not to get in this business. If only I had listened and sold used cars (the family business.)
When you can make up fairy tales, there's no incentive to think things through.