#boardofdirectors

Will the Board continue to increase the dividend in September, or keep it flat, now that the company is no longer part of the DJIA?

Maybe it is time to reinvest in 'the Network' instead of social justice warrior networks. Elon Musk solved the rural broadband issue, while this company bobbled the ball again.

Maybe they should keep increasing the dividend, as none of the strategy groups have come up with a single investment that has returned its cost of capital in more than a decade. See the stock price for details, should there be any doubters!

June 2026
The New Board Member
Last week — on June 19, 2026 — Centene quietly expanded its Board of Directors from 9 to 10 members, appointing Lauren M. Tyler. She comes from over two decades at JPMorgan Chase, where she held roles including Global Head of HR for Asset and Wealth Management, Global Firmwide Chief Auditor, and Global Head of Investor Relations. She also sits on the boards of Cencora and Guardian Life.
On paper, this looks like a routine governance move. But the timing tells a different story.
Tyler is landing on two specific committees: Audit and Compensation and Talent. The Compensation and Talent Committee is the committee that oversees workforce decisions and pay structures — the exact committee with oversight over something like, say, a Voluntary Separation Package going out company-wide.
The Context Nobody Is Saying Out Loud
Centene reported a loss of nearly $6.7 billion in 2025. Medicaid redeterminations have been chipping away at membership for the past two years. ACA subsidy uncertainty is real. And now, with the current administration's push to reduce federal Medicaid funding, the core of Centene's business model — which is roughly 70%+ Medicaid managed care — is under direct pressure.
The VSP is not a surprise. It is a logical first move when a company needs to reduce headcount costs without triggering the optics of hard layoffs. The question everyone should be asking is: what comes after the VSP if not enough people take it?
The Macro Picture
The health sector broadly is in a tough spot right now — and this isn't just a Centene problem. Managed care organizations that depend heavily on government-sponsored programs are caught between:
Federal Medicaid funding proposals that could significantly reduce reimbursement
Rising medical costs that squeezed margins across the industry in 2024–2025
A regulatory environment that is increasingly unpredictable
Centene has actually shown some improvement — they raised their 2026 earnings guidance after Q1 results came in better than expected, largely due to successfully wrestling down medical costs. So it's not all bad. But the workforce reduction is clearly part of that margin protection strategy.
What This Means for Employees
If you are weighing the VSP, here are the honest things to consider:
Evaluate the package terms carefully. Look at severance weeks per year of service, how long COBRA coverage extends, and whether unvested equity is being paid out. Don't just look at the headline cash number.
The job market for healthcare tech is still active. Skills in Go, Kubernetes, observability tools, and cloud infrastructure are in demand outside of managed care. Your experience doesn't disappear when you leave.
Waiting may not be safer. If VSP participation is lower than targets, involuntary reductions often follow. That changes your negotiating position significantly.
The board is tightening its grip, not loosening it. Bringing in a JPMorgan finance and HR veteran onto the Compensation committee right now is a signal about the direction of governance — not a signal that things are about to get more employee-friendly.
Final Thought
The people who built this company and kept it running through a $6.7 billion loss year deserve better than a rushed exit package. But the reality is that the strategic decisions being made right now are being made at the board level, not by your direct manager or even your VP.
If you can swing it financially, taking the VSP and controlling your own exit is better than waiting to see what comes next. If you can't swing it, start building your options now regardless.
Wishing all Centene employees the best — whatever you decide.
This article reflects publicly available information and personal observations. All financial figures sourced from Centene's public SEC filings and press releases.

The VSP makes sense for me. I am fortunate and I know it. And I get the fear of everyone. I have heard via a high ranking person within the company that pretty much everyone that asks for it will get it. They might be kept beyond the 9/1 date due to a project or something.
I get what is happening, but the people who don't place the blame 90% on the shoulders of Sarah London and the BOD are misguided. Last week we saw the BOD firming up their grip on power by bringing in another person on their side. This is unfortunate for the employees and probably the stockholders as well.
I wish all my coworkers well, but if you can swing it, take the VSP and move on.

We know someone is reading this...I heard today "this is the last one this year" this is the 3rd time this year I have heard that. That is why you are not trusted. It is that simple. You don't tell us the truth over and over again. This is the last one this year....most dont believe you. Board Members. The execs are not trusted. No exec managers. I know why you tow the company line. You dont want to be next. Grow a pair and stop lying also.

https://www.prnewswire.com/news-releases/centene-appoints-lauren-m-tyler-to-board-of-directors-302806827.html

Improving the health of the balance sheet, one margin point and one severance agreement at a time.

You know if you don’t like the way things are going, you can vote for/against trustees. We are all investors through the 401k and the proxy stuff just was emailed out.

Congratulations to everyone on successfully participating in the CEO selection process by existing under it.

This is your friendly reminder that we'll all spend more waking hours under our CEO than under most elected officials, yet one is chosen by millions and the other by a handful of board members.

This has been the worst handled succession plan by a Board since Jack Welch retired from GE. Now the only option left will be to no real up the company. Clover alone is worth the current market cap. Mike was never the right selection but the fact that that they couldn't retain him speaks to the ineptness of the current Chair and Board. Even the activist investor knew it was a weak Board.

Sick of seeing RVs face on linkdin plastering bullsh-t to the public and everyone else who fans over him on there while destroying careers behind the scenes. Oh look hosting our board trash in DC. Spending my millions at the expense of bnys employees headcount reduction. Cut 100 people this week so we can eat fancier meals . Cheerio fu----s

https://seekingalpha.com/news/4601923-activist-jana-wants-fiserv-to-sell-more-assets-refresh-board---report

Of course, they have to ki-l the stock to get the dividend rate back to the 7% of 2012. However, Stank will claim it is a victory and the useless board will reward him.

‘On May 26, 2026, Synopsys entered into a cooperation agreement with activist investor Elliott Investment Management that includes appointing Elliott managing partner Jesse Cohn as an independent director, effective June 1, 2026, expanding the board to 11 members.’

The vultures have arrived, surely things will get better now.

"Shareholders rejected a proposal that would ‌have required an independent board chair separate from the CEO role, according to preliminary ​voting results at the annual ​meeting on Wednesday"

A Czech boutique investment fund called STARTEEPO Invest just bought 6.7 million shares of Xerox overnight.

They now own 5.15% of the company. That officially makes a group most people in Norwalk couldn't point to on a map the 4th largest shareholder of Xerox.

What is the move?

This isn’t a passive retirement fund quietly collecting dividends. STARTEEPO filed a Schedule 13D. In corporate speak, that means they plan on speaking up. They just bought a ticket to the party and now they (somehow) want to play the music.

Why now?

Because Xerox is currently on the operating table. The company’s stock price looks like a clearance rack. STARTEEPO looked at a business generating (well, trying to) half a billion dollars in free cash flow with a deeply depressed market value and thought (right or wrong): "It's free real estate".

For the Board of Directors: the cozy, quiet boardroom days are over. Carl Icahn left a vacuum when he exited, and the board probably thought they could restructure in peace. Enter František Bostl (STARTEEPO’s chief). The fund has already explicitly stated they want to "discuss board composition and strategy".

Translation: Pack your bags, some of you are getting evicted.

For Xerox Management: expect a massive fire under executive chairs to accelerate, tweak, even change the plans underway. If management can't turn a profit fast enough, this fund will happily find people who claim they can.

Xerox spent years trying to "reinvent" itself into a sleek, modern tech-and-services company; instead, they moved so slowly they became prime bait for a mid-sized European activist fund looking for a cheap, cash-generating target.

Now, Xerox either delivers on its promises immediately, or a fund from Prague is going to dictate the terms of its survival.

Board, I know you are meeting tomorrow. This trend has to stop. Whatever polish this ELT tries to put on it, you need to hold them accountable.

YTD, PSX is up 36% while MPC is up 55%
1 year, PSX is up 58% and MPC is up 67%

Chemicals is up 70% YTD so we can’t blame CPChem.

The strategy is not working and you need to evaluate the break up scenario. The street is not buying the story and you continue to receive a conglomerate discount. Stop fighting with Elliott and start working constructively with them.

Someone that is in the board. Tim Cook!!!

He knows Nike well, recently step down as CEO of Nike.

He will bring stability that he gave in apple. Bring same old more boring stuff quarter after quarter!!! LOL

https://www.globenewswire.com/news-release/2026/04/30/3285301/0/en/trian-calls-on-solventum-s-board-to-create-value-publishes-open-letter-and-slide-deck.html

New surveillance commissioner in board of directors?

https://finance.yahoo.com/sectors/technology/articles/f5-adds-anand-eswaran-board-201000022.html

Not trying to stir anything, just curious how others see this.

CS sits on the board of Microsoft, and we’re seeing a strong push for Copilot internally.

What is the over/under betting for Arvind's golden parachute as IBM stock drops to $228 down from $324 in a year. I am going with $250,000,000.

Look at the raid of IBM (and imagine the totals for all the other do nothing "execs") below for the last 4 IBM CEOs.

No one knows anyone on the IBM BoD Board of Directors nor what they do other than show up for the steak and lobster dinners. Remember, Arvind is his own boss being both CEO and Chairman of the Board. That is perverse when the CEO is both.

IBM has a very fat and bloated BoD with 14 do nothings. All make approx $500,0000 a year. That is a cool $7,000,000 that goes to them every 12 months plus stock options all stolen from IBM shareholders and employees.

Gerstner started the IBM raid and walked away with over $400,000,000+ and laid off over 100,000 amazing people over 18 months (I was there IBM Chatbot cheerleader).

Gerstner's book "Who says elephants can't dance" should have been titled "Who says I can't rip off IBM in the largest corporate raid in hostory?".

Palmisano $271,000,000

Rometty $144,000,000

https://www.zillow.com/homedetails/96-Norrans-Ridge-Dr-Ridgefield-CT-06877/57345758_zpid/

"AT&T's Free Cash Flow Declined Significantly Last Quarter". Stanks plan isn't working. Plan for a dividend cut down the road. Eliminating jobs isn't the answer. The Board must take immediate action, but all they do is collect a fat check.

Wondering if there is a case for breaches of fiduciary duties, duty of loyalty, and duty of care in the selecting of the short lived CEO. Any legal experts out there want to chime in?

Remember these guys? What a joke. These are what they claim they did below. I haven’t seen any of it. They just got in during low COVID stock price and then claim they were genius because stock price rose?

Action #1: Refresh the Board of Directors with energy experience.

Action #2: Impose greater long-term capital allocation discipline.

Action #3: Implement a strategic plan for long-term value creation.

Action #4: Align management compensation with value creation, not production growth.

This week Washington House hearings on Artic Frost... get ready... Vz will be back in news and the puzzle on CEO immediate termination further exposes incompetence at Vz BOD!

How in the world could the BOD and leadership disrupt the entire transformation plan by letting DF leave and still think the plan can succeed? Asinine.

If you have any Chevron shares vote for an independent board and against the Executive compensation.

Scott Sheffield of Pioneer wants to get a job as an ExxonMobil board member

https://www.federalregister.gov/documents/2025/04/17/2025-06562/petition-of-scott-sheffield-to-reopen-and-set-aside-order

Paula Price and General Reimer are off the Board of Directors and Christopher Quick (from Capital Management Board) is now on the Board. Not sure of the significance. I have not seen a press release to explain.

I never met Ms, Price, but the General was very smart. They were both in charge though when the damage was done.

I left 3 years ago, and man, I loved it at MDT. I had a great boss, great work, and just the best work friends ever. I was happy with my salary and benefits, too. I learned a lot and became a great professional largely because of my time there. They called me to go back last week.

And so it's devastating to say I told my ex-VP I wouldn't... because Geoff Martha is still CEO and for as long as that is true, it just isn't a stable place to work. I was privy to a lot of the details of RIF work and so much of it really was because of sh---y financial results, despite them calling it "OPTIMIZATION". Eventually they were even sacking really brilliant people that consistently delivered.

Really sad and they could turn it around if the board wasn't a bunch of rent-seekers and would do the right thing and get rid of GM.

The board should have a vote of no confidence in MF

P66 has announced that 2 new directors have been appointed to the Board of Directors.
I don’t know anything about them but Elliott says they’re pleased with the appointments.
If they’re pleased I’m pleased.

Voting Instructions

For the annual meeting of Texas Instruments, please record the following votes:

Proposal 1 – Election of Directors: AGAINST
I am voting against the election of the board of directors, including CEO Haviv Ilan. In my view, current leadership decisions are negatively impacting the company’s culture and employee morale. Strong leadership and culture are critical for sustaining innovation and long-term performance at Texas Instruments.

Proposal 2 – Advisory Vote on Executive Compensation: AGAINST
I am voting against the executive compensation package because compensation decisions appear misaligned with employee outcomes, particularly the reduction of profit-sharing for employees beginning in 2027.

How to Submit Your Proxy Vote

1.  Go to the proxy voting site listed on your proxy card: https://www.proxyvote.com
2.  Enter the 16-digit control number from your proxy card or email.
3.  Select your voting choices for each proposal.
4.  Submit your vote electronically and confirm.

Why has the board of directors not told super bowl legend Rob Gronkowski to save the company?

Maybe even try telling Rob to tell the group of 25 army officers that founded to stop rolling in their graves??

What a joke.

to sc--w stockholders. 13 % price drop in 5 days. You defenders will say market economics are to blame, nonsense! If they had built the franchise and gotten the stock to a level it should be this would be a blip, it is not. Remember PNC as a regional competitor close to us has grown and more than doubled their share price last 5 years. I wonder if there’s any angst in the C suite or by this Board? Probably not.

When will we find out if the Board approved the Purple Stock award for 2025?!?

Hopefully Tom will be out and we can begin to see stock price increase. His entire EVP suite has left he has eliminated everyone except his buddy who is now the chief revenue officer. When will he self reflect and realize that the problem is still here .. we’re hopefully moving in the direction of him leaving and new leadership taking over hopefully stronger better leadership because leadership is where bd fails miserably. It’s either pre Madonnas , or passive tone deaf useless VP’s who are so out of the touch with the plants and the business. It’s time to

A quick reminder: the board needs to fund Jeff’s $130M options package.

The board has toppled Hans the ringmaster. Without his costume and whip in hand the Tiger gets run of the show. What a welcome turn of events.

Appears that their plan to move people to Edmonton is about to backfill on a listed company that makes billions of dollars every year which is about to fail. So many people have said no to the move that I’ve heard that we have about 200 job openings that they need to fill with key critical roles empty. Plus they don’t even have the licence to start the Edmonton office build yet so YE27 has not chance. So the lack of results , lack for strategic foresight and impact that the long term bottom line; does this make JW and the board NSI?

It’d be a pipe dream to think the Board of Directors would boot SK with another dismal year on tap for 2026 and replace him with a non-Japanese executive, but…

If you could nominate someone outside of CUSA to replace SK, who would you choose?

This company needs fresh perspectives and true leaders who can thrive in challenging markets.