Thread regarding Bose layoffs

Bob Maresca

Is Maresca still chairman of the board? If so, why? Hasn't he done enough damage already?

Repeatedly pushing for unrealistic growth, leading to big layoffs. After one time, he should have reconsidered the growth fantasy. Second time, he should have learned his lesson. Third time and more was just stubborn refusal to learn from devastating mistakes. And then, he capped off his string of failures by putting Hess in to replace him; what a complete disaster that was.

Well, I'm on to a better situation now, after devoting decades to a now-sinking ship. Everyone else should bail out as soon as possible, almost certainly for higher pay and a more secure future.

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Post ID: @OP+1gAQzxXF

6 replies (most recent on top)

White mediocre male has protective armor against consequences

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Post ID: @smjr+1gAQzxXF

Maresca is responsible for Hess. His hand-picked successor. Maresca shares the blame for putting Hess's catastrophic incompetence in charge.

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Post ID: @onwv+1gAQzxXF

Maresca isn’t the problem. It was Phil Hess and his old school buddies who could not understand innovation and transforming the company to a culture of innovation. The AMAZING people at Bose gave it all they’ve got. But when people like Hess and Roselli run the show and kept blinders on…

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Post ID: @nrag+1gAQzxXF

When did Westley depart from the BOD? Was he failing to go along with the dismantling of the company?

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Post ID: @zyt+1gAQzxXF

With the current chairman and the chief executive, there is no hope for a turnaround. Bob will be remembered for his life's work: the downfall of Bose Corporation. What a legacy!

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Post ID: @sqf+1gAQzxXF

Yes - https://www.bose.com/en_us/bose-corporate-leadership.html

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Post ID: @vpw+1gAQzxXF

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