From another post but true all the same. Copy\paste job below.
“What have you got Jane to lead us into the light”
“I’m the first Citi female CEO”
“Yeah, we know that, so what are your plans to bring in revenue”
“We’ve increased hiring, necessary or not to have a more diverse, inclusive environment”
“Ok, well how does that bring in the money?”
“We just promoted more minorities into management”
“We are concerned about the company balance sheet”
“I just gave myself a raise to match what other male CEO make”
“What plans are being done to raise the stock price?”
“I’m having my people scrub internal documents to appease the safe space people”
I’m betting the board sees all this and they are very concerned that there is no true vision or plan.
The past 1 year:
JPM stock up 14%
C stock down -30% (that’s a negative)
Overall the C stock is down -38% since Jane took over. You can pull this information up yourself.
As one posted said: “In order to beat the competition you need to:
a.) provide a service or product that is UNIQUE that your competition does not have
AND\
OR
b.) provide a service or product that is BETTER than your competition.
If you don’t do at least one of these things then don’t expect the doors to burst open with people willing to give you their money.” - -which is true post.
Instead of focusing on “a” or “b” above all she’s seem to do is focus on molding the company to fit her vision of diversity, equality and inclusion (DEI). I’ve seen footage of 4 public interviews with Jane, when asked a question she always maneuvered the conversation back to DEI as if she had no other plan, just that and that alone.