Thread regarding Verizon Communications Inc. layoffs

Verizon Board needs to fired for cause

The Vz Board needs a complete overhaul based on performance.

Today in WSJ you can read how JP Morgan Board and CEO Jamie Dimon named actual candidates under evaluation for next CEO when Jamie retires.

Meanwhile Verizon Board removes Hans and allows for a hostage video from a broom closet to announce immediate removal from CEO roll.. but not before $24M payment.

The fact the Board had zero transition plan and actual promoted from current Board further highlights the Boards failure.

The stock trend to $30 further validates firing Board.... we need Shareholders and PE investors to take over.

#Accountability #Board #CorporateCulture #Leadership #Performance
by Anonymous
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Post ID: @OP+1kwctt08c
Comment! It's anonymous!

4 replies (most recent on top)

$41 stock by Friday. The Smoke has cleared.

by Anonymous
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Post ID: @e9+1kwctt08c

lol. They are protected, why do you think Hans is still on the board? VZ will be void of any culture remaining. Here is your job, do it while knowing you are expendable. Much of this has already happened and it will continue to manifest itself. Just waiting on them to replace the Credo.

by Anonymous
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Post ID: @dw+1kwctt08c

The simple fact as you described is no succession plan appears to be true but past History of being fired as CFO at Erikson and Immediately being removed from role indicates a much bigger issue and fact Board, DOJ all silent screams a deal was made.

by Anonymous
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Post ID: @ds+1kwctt08c

Having years of Verizon on a resume is extremely damaging for anyone. get out now

by Anonymous
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Post ID: @aw+1kwctt08c

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