#execshuffle

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And that's why Yvonne was let go

No chance a competent CFO would sign off on these new projections.

They assume the absolute best case market scenarios with no room for error or a down turn in AI spending.

They're also entirely unneeded ad the company continues to meet or exceed market expectations.

Jeff is doing all he can to hit that $200 mark. Seems the rumors were true about him being out if he doesn't make it.


If It Was Just the AI Talking… Why Are You So Nervous?

For years, I said Hans Vestberg was the wrong guy. I said the “best network” narrative was smoke and mirrors, that billions in 5G spending without a monetization plan was corporate malpractice, and that leadership had no clue how to run a 21st-century company. And what did I get? The usual chorus of Verizon fanboys and PR parrots laughing it off and calling it “AI talk.”

Well… the “AI talk” just pushed your CEO out the door.

All those corporate cheerleaders who swore everything was fine — the ones who worshipped at the altar of “Ultra Wideband” press releases and internal town-hall buzzwords — are suddenly very quiet now. Because the board just did exactly what they insisted would never happen: they fired the architect of this slow-motion train wreck and replaced him with someone who actually understands platforms, partnerships, and profit.

Let’s be honest: calling it “AI” was never about the technology — it was a cheap way to dismiss what you didn’t want to hear. Because if you admitted the analysis was right, you’d also have to admit the leadership was wrong. And now, here we are: the leadership is gone, and the analysis you mocked is the new corporate strategy.

So keep sneering about “AI talking” if it helps you sleep. But know this — the future spoke, and it just fired your hero. All your PR spin couldn’t save him. All your LinkedIn cheerleading couldn’t rewrite the numbers. The truth bulldozed through the talking points… and left your corporate fairy tale in the dust.


Schulman’s appointment is a stop-gap measure, eventually, Sowmyanarayan Sampath, is likely to take over

https://www.fierce-network.com/wireless/verizon-taps-ex-paypal-virgin-mobile-exec-new-ceo

Analyst thinks Schulman’s appointment is a stop-gap measure and eventually, Sowmyanarayan Sampath, Vestberg’s heir apparent, is likely to take over. Sampath is currently CEO of the Consumer Group at Verizon.


VZ NEW CEO

Analyst: Verizon lacks growth story
Whereas T-Mobile has a mobile growth story and AT&T has a fiber growth story, Verizon has been losing subscribers, noted Roger Entner, analyst at Recon Analytics.

“Verizon made its financial numbers by extracting more money from fewer and fewer customers, which is not a long-term winning strategy,” he said. “One of the things that Verizon really needs is a balanced scorecard, where not only financial metrics are important, but also subscriber metrics.”

Entner said he thinks Schulman’s appointment is a stop-gap measure and eventually, Sowmyanarayan Sampath, Vestberg’s heir apparent, is likely to take over. Sampath is currently CEO of the Consumer Group at Verizon.

“The company has been struggling,” Entner said. “I think this gives Dan the opportunity to do a lot of probably painful things before he hands it over to the longer-term CEO, and that’s in all likelihood Sampath.”


Technology SLT Shuffle - When and who will win?

It’s been over six months since Bridget came on board, so a major reshuffle in her leadership team seems inevitable at some point. I’m honestly surprised there haven’t been any changes yet. Who do you think is likely to raise or move on when it happens?


New CFO

OpenText Corporation (NASDAQ:OTEX) has named Steve Rai as executive vice president and chief financial officer, effective October 6, 2025.
Rai previously served as CFO of BlackBerry Limited (BB).

Blackberry … hum. I will let you guys guess


Managing Partner Missed Opportunity

Edward Jones missed their opportunity to name a managing partner that could have led us into the future without all of the Enterprise Reimagined turmoil. Edward Jones' Canadian president, DG, was the correct choice to lead the firm, not Penny. DG actually has a spine and would have stood up for the values that built this firm instead of surrounding himself with people who would tell him only what he wanted to hear. Hopefully, when Penny ages out of the managing partner role (it is going to be a long three years) Edward Jones will come to their senses and choose the right David to bring this mistake to an end and choose DG not DC. However, I feel the writing is already on the wall for the next managing partner.


Dell’s Leadership Shuffle: From Exec Cuts to RevOps Confusion

A year ago, Dell Technologies made a big, bold move: it slashed nearly half of its executive leadership, claiming there were simply too many cooks in the kitchen. Cost savings were touted, “streamlining” was the buzzword, and the company pitched the decision as a smarter, leaner way forward. To top it off, product marketing (FPM) was folded under marketing. The logic? Keep all things “marketing” under one roof. Simple, clean, efficient.

Fast forward just twelve months… and things look a little less logical.

Dell has now re-hired a former exec—someone who had been let go years back—this time with a hefty paycheck. Not only that, the very same FPM org that was tucked neatly under marketing has been yanked out again and repositioned under this new hire. The shiny new label? RevOps.


Fresh blood

TU has filled almost every senior role recently with an external hire. The clear message being sent that the people who were around for the IPO and drove the share price into the 80's are incompetent. Yet the share price has languished in the 80's since Chris took the helm 5 years ago. So I'm wondering why "fresh blood" applies to everybody but him? I sincerely hope this upcoming GLM is his last.


Rumors About Aneesha Shanoy and Upcoming RevOps Restructure

There has been some rumors that Aneesha Shanoy might be leaving the company and that a new Revenue Operations restructure could be happening in Q4.

Has anyone else heard about this or have more insight? Would love to get a clearer picture if anyone’s in the loop.


Alvind stepping down? Preparing to cash his stocks after HSBC Quantom manipulation?

You don't believe HSBC has anything real using quantum computing to do bonds trading do you?...

Must be HSBC from Hong Kong bought IBM shares as they're a financial institution to cash on the hype don't you think?

Hopefully this is the last hype Alvind pulls to cash his shares as he finally steps down, claiming success of course!

Never trust analysts nor IBM Research BS!


Jason Hand gone

So I had called it earlier in the year, first Junior was going to leave, then Hand, by the end of the year. I said it. The year hasnt ended yet, we shall see whos next, maybe Soler. If the company is in such great "comeback story" why are folks jumping ship? This inverted pyramid is baloney. Store teams are pi---d, running skeleton crews, and executives dont want to see the reality, or they see it, but dont care. Its a sinking ship.


Procter & Gamble restructuring plans: Buyouts, brand sales and a CEO shakeup

  • The last time P&G did a major restructuring, most of the jobs reductions were buyouts. Likely targets: Generation X, those born between 1965 and 1980.
  • So far, P&G has indicated it wants to make trims. Its last round of cuts started small but then got deeper after earlier rounds failed to achieve a turnaround.
  • Further change will likely occur at the top with a new incoming CEO and other management shifts.
  • The company said some brands might go, but it's not clear how many or which ones.

https://finance.yahoo.com/news/procter-gamble-restructuring-plans-buyouts-161338050.html


Unbelievable

I have never sat on an all hands call for any organization except for Oracle who today shared on their all-hands call that Oracle is doing great, we are promoting two people to CEO status, had a stellar and historiacl Q1 earnings call, and not mention that thousands of people were only fired less then 20 days ago and no mention of that. That is just not a critique on Oracle alone, but a critique of corporate America.


Oracle Corporation Announces Promotion of Clay Magouyrk and Mike Sicilia to CEOs; Safra Catz Appointed Executive Vice Chair

https://investor.oracle.com/investor-news/news-details/2025/Oracle-Corporation-Announces-Promotion-of-Clay-Magouyrk-and-Mike-Sicilia-to-CEOs-Safra-Catz-Appointed-Executive-Vice-Chair-of-the-Board-of-Directors/default.aspx

more fun ahead....


CDO/CIO Gone and Good Riddance

CDO, then CDO/CIO, then CDOA/CIO is laid himself off by taking another job. The sad thing is he has taken credit for the work of those who earned their jobs without a friendship with Christa Quarles.

  • he did not lead an overhaul of the company's platforms, IT infrastructure, and business applications to improve security and facilitate more efficient operations.
  • he was given a fully secure an operational infrastructure. Under his management he lost two very savvy infrastructure leaders along with other managers and ICs who didn't trust his experience or the people he hired from OpenTable.
  • we are hosted in AWS and Azure mostly and all the operations were already efficient and secure
  • nothing changed regarding how the company used data as the team responsible is very savvy.
  • there was nothing to modernize considering AWS, Azure and GCP along with the rest of the SaaS apps the prior CIO and security leader implemented.
  • the Senior Director, Global Services left as he didn't trust him nor Christa.
  • the CTO had to obtain an updated SOC2 Type 2 after Grant and the CISO let the certification lapse for two years.

C-Suite and EC Next

Rumor has it c-suite and EC cuts are next now that the farce of a Board meeting is done. About time they start treating the senior leaders with the same ruthlessness they treat everyone else. AMN continues to use RTO to do layoffs without paying severance and hide poor financial performance. That may seem like good business to the bean counters but what it reflects is a bankrupt ethical culture.

Senior leaders bully SMEs into submission on quality issues, ignore compliance and cut corners that will ultimately harm patients (pay attention clients!). SpeakUp is a joke and the Board doesn’t have a clue that the worst offenders were the ones sitting in that meeting with them including those in charge of the so called quality and ethics programs.

Mark my words this company will not exist in 3 years. It is being run straight into the ground by unethical people.


Layoffs info

Layoffs across the USA as kyndryl’s new US president Rutledge is demanding grow or else mindset; senior mgt is being shuffled, senior leaders and experienced ppl ousted, they are back to the IBM ways of cut to get growth, which is like throwing the baby out with the bathwater!! Goal is 1400 US ppl laid off - these are ppl making average 150k base pay…. This is how they make growth targets!

Bumping this from @44z+1k33fss5e for info.