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IBM CEO addresses Wall Street tech panic after delayed enterprise software deals surge back

AK is all over the media doing damage control.

https://www.foxbusiness.com/media/ibm-ceo-addresses-wall-street-tech-panic-after-delayed-enterprise-software-deals-surge-back

IBM CEO: Prices for a lot of infrastructure components have gone way up --
https://www.youtube.com/watch?v=F2dFAk5fpq0

IBM’s Krishna tries to reassure investors that AI won’t disrupt company’s software unit --
https://www.cnbc.com/2026/07/23/ibms-krishna-argues-that-ai-wont-disrupt-software-unit.html

IBM's Krishna argues that AI won't disrupt software unit --
https://www.cnbc.com/amp/2026/07/23/ibms-krishna-argues-that-ai-wont-disrupt-software-unit.html


U.S. Bank CEO Gunjan Kedia announced remote employees are grandfathered in during today's All Company Townhall!

While the bank is seemingly pursuing a direction where employees must return to an office for 60%+ of their time, during today's All Company Townhall CEO Gunjan Kedia announced that remote employees are "grandfathered in". It is unclear the extent of this decision from the leader of the 5th largest bank in the country, and whether employees who were remote but have since been forced into an office in conflict with their own wishes will have the option to return to remote work.

Many employees have been speculating that groups within the company will begin forcing remote employees to pick a home hub location or face termination with cause by end of this year. Will this new direction from the CEO help assuage these fears? Kedia very clearly outlined that remote roles are no longer being hired for with the exception of Customer Service representatives, which apparently is cost effective enough for the bank that the Managing Committee couldn't be bothered to upset these employees lives for the sake of their own commercial real estate investments.

Kedia was also proud to note that the bank is continuing to honor remote employees who have a legitimate medical accommodation, but did not note that this is a legal requirement under the ADA.

https://www.reddit.com/r/USbank/comments/1v4lw50/us_bank_ceo_gunjan_kedia_announced_remote/


CEO. John Stank.

When is the board of directors and everyone else going to wake up and realize that John Stank has provided no value to the company for a long time! He is no longer relevant and if he doesn’t like the truth he can retire or find another company willing to take on an aging dinosaur. The culture under John is toxic and has been for too long.


PEP vs KO

Over the last 5 years PEP stock is down 14%.

KO stock up 43% over the same period.

That is an astounding failure. That is 100% on Ramon. The global "headwinds" were the same for both. That utterly incompetent fool of a CEO has got to go. I don't understand how Elliott Management kept him. How the PEP BoD kept him. What is going on?


Is Dell fair?

Dell has a strong fairness result. Its median employee pay is $78,796, and its CEO earns 43 times the median employee pay. Dell also pays employees more than the profit generated per employee. These results give Dell a combined fairness score of 84 out of 100. The main reason for the high score is its relatively low CEO compensation.

https://fair500.com/


IBM's CEO just showed what taking accountability looks like

Talk about some spin. If AK and his cronies in the C-Suite forgo their bonuses for the rest of their undoubtedly extremely short tenures and take a significant pay cut, then that'll show accountability.
And doesn't AK attend the WEF in Davos every year? What advice did he receive from all those geniuses?
Somewhere out there one can hear the echoes of Ginni's hysterical laughter.

https://www.businessinsider.com/ibm-ceo-arvind-krishna-facing-leadership-test-accountability-2026-7

By: Sarah E. Needleman | Jul 15, 2026, 4:56 AM CT

When IBM delivered bad news on Tuesday, CEO Arvind Krishna didn't look for someone else to blame. He owned it.

Krishna, who is widely credited with turning IBM around since becoming CEO in 2020, said in a letter to investors that clients had redirected quarterly capital spending toward scarce infrastructure. Management underestimated the scale of that shift, contributing to the company's second-quarter shortfall.

"These conditions require our teams to execute perfectly, and this quarter we faltered," Krishna wrote. "We did not adapt and move quickly enough, and numerous large deals failed to close on the timelines we expected."

Though IBM's shares tanked in response, current and former tech executives told Business Insider that other leaders ought to emulate Krishna's candor. Owning a setback can strengthen a CEO's credibility longterm, they said, by showing that management understands the problem and is prepared to address it.

"He will develop more trust among his shareholders and employees and customers by being transparent," said former Cisco CEO John Chambers.

Leaders can gain more credibility from how they handle setbacks than from their successes, he added, though they need to move quickly. They should explain what happened, acknowledge what did not go as planned, and outline how they intend to get the business back on track.

"Rule 101 on setbacks: speed and be very visible," Chambers said.

Openness carries risks, though. Leaders facing a setback may not yet have complete answers, and acknowledging uncertainty can leave them vulnerable.

"You have to have the courage to say, 'Here's what I know. Here's what I don't know,' " Chambers said. "And that sometimes exposes you to critics."

Accepting responsibility

Gilad Bechar, CEO of Moburst, a digital marketing agency, described Krishna's remarks as "refreshing." He said CEOs often attribute disappointing results to outside forces such as tariffs or other macroeconomic headwinds.

"Usually you don't see Fortune 100 companies that are owning their situation like that," said Bechar. "They are very afraid of being this candid."

Krishna may have helped contain the damage by characterizing the shortfall as a forecasting error rather than as evidence that demand for the company's products and services had deteriorated, added Bechar. Showing that management understood what went wrong gives investors reason to believe the problem can be corrected, he said.

"If you're in control of the situation, you fully understand everything, and you just misjudge one specific element, it sounds like you're in a much better place," Bechar said.

Public-company leaders may be obligated to disclose material setbacks promptly, but accepting responsibility is a choice, said Jeffrey Puritt, the retired CEO of Telus International, a technology services provider now known as Telus Digital.

Krishna could have satisfied investors' need for information without explicitly owning up to management's mistake. By doing both, Puritt said, he demonstrated the accountability expected of someone in the top job.

"If you're the CEO, you get paid to take responsibility for the business's performance, win, lose, or draw," he said. Blaming others, Puritt added, would have been "a bit of a cop out."

'What you need to hear'

Krishna has spent more than three decades at IBM. He helped orchestrate the company's $34 billion acquisition of Red Hat, which closed in 2019, and became CEO the following year. Since then, he's led an overhaul centered on hybrid cloud, software, and artificial intelligence.

Rod Adkins, a former IBM executive who also spent more than three decades at the company, said transparency is consistent with Krishna's leadership style.

"He has always been what I would call an above-the-board executive," Adkins said. "He will deliver what you need to hear versus what you want to hear."

That approach is especially important at a company like IBM, whose technology supports mission-critical operations, such as banking transactions and systems used by healthcare providers, airlines, retailers, and government agencies.

"Part of the trusted brand is being authentic with your communications," Adkins said. "Transparency, especially today, is a very important leadership attribute."


"Managing 100 calls a day—as required for care managers at Centene’s Sunshine Health

"Managing 100 calls a day—as required for care managers at Centene’s Sunshine Health—is an unsustainable expectation. One has to question the quality of both those interactions and the resulting documentation. Requiring such a high volume of calls, effectively placing quantity over quality and metrics over genuine member care, is fundamentally abusive to both staff and patients. Does CEO Sarah London truly understand the impact of the mediocre leadership culture that thrives on bullying those on the front lines? It seems unlikely, as she appears primarily concerned with her own $20 million annual compensation, regardless of the operational reality on the ground."


When's the next round coming?

At this point it feels less like "if" and more like "when." Between the CEO changes, the exec departures, and the pattern we've seen every couple months this year, another round seems inevitable. Anyone hearing anything about timing? Curious if people think it's weeks away or if we get a quiet quarter first.


CEO - It's a video game

I see the agony on this site. Many of you are uncertain about your future.

I just want to share with you. In a team call, CEO said a couple of years ago. “I love it. It’s like playing a video game, haha haha” It was in the context of managing
the business and reorganizing people. I know many of you probably we on the call. It’s really sad, but it’s the reality of the tech business. I never expected to hear from a CEO.
But, he really is transparent. Enjoys the RSUs. It all fun and video games.


A plea to the board on X

I know how we see this mess. Now I know how others see it. Pretty much the same.

https://x.com/johsinny/status/2077162630452519380
Posted at 10:45 PM on Jul 14, 2026

"Verizon was once a pillar of American innovation. Today it reflects strategic drift and a failure to lead.

With no clear path to growth or meaningful differentiation, CEO Dan Schulman appears to be reverting to the oldest and weakest playbook: cutting skilled American workers to prop up short term stock bump.

This tactic ignores a fundamental truth. A company cannot hollow out its own institutional knowledge without consequence. The talent being discarded is the very foundation that made Verizon great.

What we are seeing resembles railway operator’s “last car” fallacy. Remove the weakest link for a smoother ride, but there is always another last car. Eventually, nothing of value remains.

This is not leadership. It is managed decline.

The board must recognize the trajectory and act before an iconic American company is diminished beyond repair."


Dan Schulman’s employment contract as CEO of Verizon runs until December 31, 2027

Dan Schulman’s employment contract as CEO of Verizon runs for 27 months, extending through December 31, 2027. He officially took the helm in October 2025 to lead a consumer-driven reinvention and strategic overhaul of the telecom company.


Riddle me CEO-LESS!

Why are hundreds of folks not jumping at this "great opportunity" called EXE?

Answer: Because they’re too busy trying to figure out which office they’re supposed to be in today.


A Vote of Confidence for Arvind

Today is a difficult moment for IBM, its employees, its shareholders, and its leadership. Sharp market reactions are never easy, and there will undoubtedly be tough questions in the days ahead.

That said, I have confidence in Arvind. Leading one of the world's largest technology companies isn't about one trading day or one earnings report—it's about making decisions that position the company for long-term success. Every CEO faces setbacks. What matters most is how they respond.

IBM has overcome major challenges throughout its history because its leaders stayed focused on execution, innovation, and serving customers. I believe Arvind and his executive team will learn from this, adapt where necessary, and continue building for the future.

Setbacks are temporary. Leadership is measured over years, not a single day. I'm confident IBM will continue to innovate, compete, and succeed over the long run.


CEO/CFO's - AI token cost needs to drop 90%

And OpenAI has a TRILLION dollars of promised spend with various hyperscalers, Oracle being one of the biggest. This doesn't bode well for AI in general as it's an admission that it's just not that useful, we are NOT "curing cancer" and likely never will.

IT budgets are fixed, not infinity growing like clowns such as Altman want people to believe.

Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.

“I think 54% is a good start,” Arora told CNBC’s Seema Mody on “Squawk on the Street” on Thursday, after OpenAI CEO Sam Altman told CNBC that the frontier lab’s latest model is 54% more token-efficient for agentic coding. “I think we probably need another turn at it.”

Arora said token efficiency needs to drop to as much as 20% over the next 12 months, and 90% by the following year.


Hertz needs new CEO

Hertz needs to get rid of the Atlanta gang and bring Scott Thompson the former DTG CEO in. Scott fixed Dollar Thrifty before and is one of the few qualified people with the experience to do it again. None of these current people know what they are doing... heck even Gillys own choice, Henry Kuykendall, bailed after about a year. Then they create ORO while everything else is being liquidated and streams of layoffs happen?


No one wants to hear the truth

Funny that there were comments posted earlier in this stream. That said, the new CEO was going to be conducting layoffs and calling them restructuring but people tended to laugh and provide score for those who warned. Here's one last warning for you. I have been in meetings and more are coming. Every Department will be hit because our plan is to move as many people's functions to India as possible.


Remember when:

CEO Stephenson said the stock was going to $50/share
CFO Stevens said it was a good thing AT&T was kicked off the DOW and replaced by Apple
COO Stankey did that hilarious/mocking impression of Trump right before the 2016 election - then Trump got elected and when had to spend an extra $550M in legal expenses to get the Time Warner deal done
COO Donovan (claiming to be a good Irish Catholic boy) got caught sniffing Arnoldi's drawers.
Never the A-Team of C-Suite America.


Today we got another proof…

How this company is so backwards. We got another ”people team” leadership. How many have we had in the last 6 years?? The out of touch CEO have no clue how bad it is here and no career trajectory for anyone unless you are a former GS executive or best pal with the EC.

Time to take summer vacation!

Good riddance SH


Who is selecting these executives?

The track record of the CHRO and CEO in selecting talent is abysmal. The batting average must be less than 2 out of 10 have made it including Franks failed selection of Mike Lyons himself.
Where is the Board? Surely the Talent and Compensation Committee Chair must be witnessing this failure. Divya alone will cost the company millions.