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I think I know how this board is going to vote.
Still, 110 to -3
Even the Bears haven't lost by that big a margin (yet)
While I don't disagree with anything posted here, I think it's wishful thinking to believe that anybody from TW on down gives a damn about what's posted on this site.
If they gave two sh--s about what people think they'd listen to what's said on a day to day basis. To the reality their id--tic management decisions inflict on people on the ground trying to deliver the work. They don't. They are naive enough to believe the picture painted for them by subordinates who are pursuing their own agendas and filtering what information gets up to the top.
That reality is about to be destroyed by an activist investor. Watch all the pretenders, the liars, the kingdom builders, the 'this is my turf' people, the strap hangers rush for the exits (with their golden parachutes) as the truth of just how sick this organization is comes to light. The fish stinks from the head down.
Unfortunately, the people who will bear the brunt of it are the very people to whom these over paid janitors refused to listen. Sorry to say that, but it's the reality of a take over, hostile or otherwise.
Send a note with bullet points to BOD to remove Wilson hit reply all
Blond is @ $550 to 600 k annually and that may be on light side.
The worthless blonde that Shapiro brought with him from LM is still getting paid mega dollars for doing nothing….
The Allstate senior staff needed to be ripped out at the roots….and guess what…..Peltz is going to do just that…….
What goes up must come down. Including a company's stock price. ALL stock is up on the Peltz news, but at some point will come back down. And when TW and the BOD try to fight off Peltz, and the stock price slips, even just a bit, the class action lawyers will be circling like wolves.
The Allstate BOD has failed the stock holders in their fiduciary responsibilities and should be the target of a class action law suit. Peltz will get a couple seats on the board for starters. Wilson has been in over his head since 2007. Time for him to go.
Let’s not forget the external cr-p talent that he approved hiring of as the overall GM. Pitiful hires at the senior levels that flat out su-k.
Good think for Tom (and many other CEOS) that the employees don't get to decide.
New CEO - why? In the 15 years TW has been leading the company, he has achieved:
I'm failing to see the problem here
Allstate needed a new CEO before Covid.. Tom Wilson is a washed up, drunk, overpaid ex Sears salesman… Tom is a typical Chicago politician!!!
Tom must go. We’re heading towards Sears 2.0 with him at the helm.