#executiveteam

This morning's memo from SK is effectively confirmation of everything we have been discussing. In corporate communications, an executive letter like this is called a "Pre-Announcement Framework."

When a CEO writes a long, weirdly emotional, metaphor-heavy letter (the fishing analogies, "caring family," "peace of mind") to the entire continent, it is designed to soften the blow for what is coming next.

Strip away the awkward language ("gently turn," "beautifully evolve") and look at the cold corporate math, this letter lays out the exact roadmap for the upcoming RIF. And it was painfully obvious.

2025 Executive pay received only 60% support at the Citigroup stockholder meeting a few weeks ago. Current and former employees who own shares in the Citi stock fund in the 401k plan along with other shareholders made a loud statement that Citi executive pay is excessive.

https://www.citigroup.com/rcs/citigpa/storage/public/citigroup-inc-8-k-05-21-2026.pdf

Forcing employees into an office while our entire executive team and most of our upper management is remote has to be the most hypocritical thing this company has ever done. At least under Mike, he and others were actually in the office.

If RTO were really about collaboration and face to face time, our execs would relocate, open more offices, and ALL employees would be mandated to go to an office or risk being made redundant, just like FAANG did post-COVID. So what's the real reason here?

As others have said, most likely hoping for natural attrition, especially since they did this while gas is at an all time high and increases/equity are at an all time low. If they don't get the reduced headcount they hoped for by the October deadline, you can bet there will be another big lay off in Q4.

What a load of sh!t this all is. You don’t care about any of us. If you did you would have respected our survey feedback last year. People want flexibility, none of the other BS does anything for anyone.

How can you mess up a company so badly and never answer for any of it? Are we in a TV show and they have plot armor? What is it that's keeping them untouchable despite so many failures?

PP is cutting again - this time is massive almost a quarter of all employed. It's going to be about 300 people which in the grand schema of things is not that big but for us at PP it's the biggest round ever - the impacts are massive. JH got her promo, kudos girl, but you are responsible for the mess as much as anyone else. this time they are not blaming it on ai cause by now everyone knows that story is all bs. i shall be back with a rant on RTO and all failed promises the execs sold us over last few years. well done jill.

Why is it Executive leader ship can’t give raises, but they can hire two more of their friends for VP positions we don’t need?

not best moves by the executives.

but nobody cares, right.

Why bring in an external hire to replace a C suite executive? Is there no one internal qualified? What’s the rationale?

https://www.startribune.com/executives-at-this-minnesota-company-commute-by-airplane-a-shareholder-wants-to-change-that/601847339

Does Meg install a new CFO sooner than later?

Appian has changed over all senior leadership in the past two years. Except for the founders, of course.

In that time Appian has lost 1/3 of its value, while industry peers like PEGA and even the broader enterprise software ETF stocks (IGV) have gained 12-14%.

There’s nobody left to blame but yourselves. You aren’t good at your jobs. You can’t hire well. You can’t run a company well. You’re in over your heads but are too arrogant to see it. You’ve done your best to force alignment under a single old strategy… silencing any challenge to the boss. It’s not working.

Cash out. Let new people run this institution. Or continue to flush value down the drain,

A hidden camera was set up in the conference room, here’s how it went down.

https://www.youtube.com/shorts/q8R5AhT4_uo

Are Xerox Executives About to Cash Out Another $17 Million in Newly Issued Shares?

Fran faking her compassion and reading her statements tell you all you need to know about how much this C-Suite cares. Her and Mark sit in their posh million dollar homes and talk about cutting travel while they travel the world. The hypocrisy of this group is amazing as they continue to guard their stock price and protect their multi-million dollar payouts.

I recall someone said it… too bad there’s no way to operate a pool!

I keep seeing some certain white dudes who never rose above Sr. Director at Nike (or anywhere!) promote themselves on LinkedIn as having been a Vice-President. Nothing says executive presence like a title from the imagination department. Anyone else see this out there??? WTF???

How many Five9 (FIVN) shares did Tiffany N. Meriweather sell and at what prices?

She sold 8,497 Five9 common shares on May 13, 2026 at a weighted average price of $21.22, and 21,320 shares on May 14, 2026 at a weighted average price of $20.98. In total, 29,817 shares were sold in open-market transactions.

The filing reports open-market sales of Five9 common stock, coded as “S” transactions. Both trades involved non-derivative common shares sold directly by the insider, rather than option exercises, gifts, or tax-withholding dispositions.

Chief Administrative and Legal Officer Tiffany N. Meriweather has executed a notable insider transaction involving Five9 stock, selling a total of 29,817 shares. This sale amounts to proceeds of $627,599, highlighting a sizable move by a key member of the company’s executive leadership team.

That tells you a lot about the 'executive' ability of the lineup that steers this ship.

Doesn't seem active anymore

Why is it so difficult engage with the executive during the town hall? So much skirting around. Just get straight to the point.

1) Do you feel you understand how we will move forward? 2) Do you think we are just getting started with layoffs? In my view 1=no and 2=yes, also, execs 100% botched communication on this one.

You are a savior for our exec team

Why don’t they change the people on the executive level? Should changes not start at the top?

My time at Teradata has shown me how resilient and forward-looking this company truly is. Leadership and the Executive Leadership Team have done an impressive job navigating industry changes with a clear strategic vision, keeping the company focused on innovation and long-term growth. While organizational shifts are part of evolving in a competitive market, the company has consistently worked to position employees and customers for future success. Teradata’s leadership communicates a strong sense of purpose, and their commitment to transformation has created exciting new opportunities across the business. The culture remains driven by talented teams, and I’m optimistic about the direction the company is heading under such capable guidance.

The PGA Tour recently posted new job openings. This occurred just days after 56 roles were eliminated. New positions include a head of business development and a director of international media. Executive Laura Neal also moved to a new role as EVP/Strategic Philanthropy. Tournament director Todd Fleming was among the recent layoffs.

https://www.sportsbusinessjournal.com/Articles/2026/04/28/pga-tour-begins-posting-new-jobs-following-recent-layoffs/

Houston executives are seriously upset than anyone in Midland is a CL29 other than their hipos who are passing through. Get ready to be forced out of the company if you are a CL29!

My useless manager is getting riffed wef June 30.
He was totally useless. I need to tell him and executive team about it.
But I am too nice to tell him before he leaves.
Any suggestions?

We’re getting ready to be ready to be IPO ready!
Congrats everyone, job well done!

People keep trying to make this about generations. Older workers don't get younger workers. Younger workers resent older workers. That's not the real problem. The real problem is the gap between everyone who does the work and the executives who make the decisions. That's the only divide that matters.

Why do we not benchmark against companies out executives actually leave to go work for? I haven’t seen many leave for Ford, GM, Verizon, AT&T, Johnson & Johnson, Boeing, RTC Corp, Proctor & Gamble, IBm, Pfizer, or GE Aerospace. Chevron is the only one that makes any sense. Why not BP, Woodside, Hess, etc which are companies I know executives have left ExxonMobil for.

I really like the man but I do not think having our executives swearing in employee forums is classy. I actually find it offensive. On a construction site fine but I expect more from our executives.

Heard a couple of Execs who’ve been around forever at SL Chemicals were "moved aside", True?

Educated at Ivy League universities vs no-name college

Worked at prestigious organizations like Bain, Paypal, Service now vs Nike only experience ( that too which he got by literally begging for it)

$170 share price and $52 billion revenue vs comedy that we are seeing now

Has PHK made a mistake by replacing a highly educated, intelligent leader with Shoe salesman? The results are for everyone to see, even if JD continued I am sure that share prices wouldn't have dipped this low.

I am not saying JD would have been the best person to continue on the job, but he would be as aweful as EH. EH got free hand in literally replacing JD's handpicked team, and all the freedom to reshape company's strategy but the outcomes have been the worst.

What do you guys think, how much time does EH have before he is shown the door?

Well, here we go again. We are going to start a new narrative cycle with the street based on a magical restructure. Excom is counting on this holding up the stock and holding up hope for improved performance - "we just need to make these changes first and we will be poised for massive growth over the next 5 years". This will largely be a cost reduction exercise and will set the table for massive off-shoring of jobs over the next 5 years. I'm sure the narrative will be around increased investment in R&D. Just a reminder - that was the narrative when HQ was moved to Dublin. It didn't happen. Any increase in the R&D line was an illusion. Incremental dollars never actually made it to organic Technology or Development. It actually went down over time. But don'w worry, Excom and Sr leadership will make a fortune.

Humana's 5 highest-paid execs in 2025 - Becker's Payer Issues | Payer News

https://www.beckerspayer.com/workforce/humanas-5-highest-paid-execs-in-2025/?origin=PayerE&utm_source=PayerE&utm_medium=email&utm_content=newsletter

More for UHC but I wanted to know if anyone else got the ridiculous email about the “ Executive Complaints” email regarding appeals. For those not in the know basically if a Governor, share holder, state person or anyone else in the top 1% have UHC we are to work the case IMMEDIATELY and push it through and prioritize it above all the other cases to have a decision made ( and approved and paid for by UHG) within 24 hours. Must be nice to make more money than more than half the people at the company and demand a strict 24 hour turn around time while the disabled patient who actually needs care gets denied chemo therapy and their hospital stay because the company decided “ it wasn’t necessary”
God I F$)):& hate this company

SAP is under a lot of financial pressure and the only way to fix this is by mass layoffs. Basically, we are investing too much in stock buybacks, AI (data centers and development) and bonuses. The executive board wants to axe the last one and increased the first two. So the only solution is layoffs. Oracle fired 20000 people yesterday and SAP is supposed to follow suit to "remain at a competitive advantage". The new works council is already in negotiations regarding this. SAP wants 12000 layoffs worldwide of which 5000 will be in European hubs. But this is kept hush hush. I feel like speaking out because I am tired of these bull$hit games. The biggest problem here is middle management and executives who want more bonuses for themselves and want to use third party contractors instead of full-time employees. They are the ones pushing for the layoffs. So don't listen to your area executives when they say that times are rough. If SAP didn't insist on share buybacks or invest too much in AI that is not producing any results for customers, we would not have such a deficit. This narrative needs to be fixed. I am tired of our CEO, CFO, executives and middle management saying that employee salaries and bonuses are the third highest expense for SAP. That is a good thing and not a bad thing. Employees create and sell good software not AI. Some of the managers pushing for this already have salaries of more than €200000 per year and still want more. Say no to layoffs. Talk back to your manager if they want to give you a bad rating. If you have done the work, you should get good performance ratings. They want to use bad performance ratings to fire employees or pay them less.