Thread regarding Fossil Inc. layoffs

Finally...a shareholder activist campaign to get incapable management out!

I welcome today's news that BHG is challenging Kosta to nominate 4 new directors and exposing the pathetic strategic blunders under his leadership, with a 97% (!) loss in market value.

The comments about the CFO are also worrisome and i hope they trigger change rather than total capitulation.

Finally someone woke up to the gigantic value destruction and complicity of current useless Board.

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| 1421 views | | 5 replies (last February 28)
Post ID: @OP+1raVQu7Z

5 replies (most recent on top)

What happened between Tom and Kosta? I hear rumors but don’t know the real story.

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Post ID: @8msf+1raVQu7Z

Good news? Can we truly change the course of the business this late in the game by appointing new directors? First and foremost, one would need to remove both the incompetent leadership and the useless consultants that continue to run us into the ground.

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Post ID: @6kzh+1raVQu7Z

I would like Tom / Sh----a to come back, buy the company for pennies and fire everyone on the esecutive team.

He was right all along.

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Post ID: @1cba+1raVQu7Z

Yes! It’s high time we re-evaluating the composition of our absolutely useless Board of Directors and Executive Leadership Team.

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Post ID: @1fpi+1raVQu7Z

this is the first good news in many years.
d-mb & d-mber committee there in dallas need to go.
hope ELT will leave very soon

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Post ID: @1qqn+1raVQu7Z

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