Elevance's stock price continues to plummet and yet we still have the d-mb a--holes running this company from the board and senior VP levels. At what point can we get rid of these people? It feels like a tech company extracting anything of value out of the company before selling it to the highest bidder right now. Nothing works, nothing changes but the same recycled, terrible ideas from upper "leadership". Gail is a fu--ing problem and yet she still makes her 20 million + in bonuses while layoffs and AIP cuts happen. When is enough, enough?
7 replies (most recent on top)
I've had enough. Well, that did not work. The company still sux
If you’re selling off options and restricted stock, you’re really not getting the concerns about RIF’s the rest of us have.
@OP A plummeting stock price means that investors have already said "enough is enough". I'm happy to say that I exercised all options and sold off all restricted stock awards while the stock was above 500. Much change will be needed before investors pile back in.
UHG isn’t doing so well currently either. It’s a mad race to the bottom.
I think Gail has two jobs. One job as the head of EH, the other under-the-table job is with UHG which is paying her to run EH into the ground!
Shareholders have already had enough. That’s why the share price is stuck where it is. If they bought in at 100, they took their profit and moved on to something else. If they bought in at 500, they took the loss and put the money into something with better prospects. Any case, Elevance ain’t the place to be right now.
Hostile takeover with a complete removal of most of the 15’s and everyone above would probably be best thing for this company. Warren Buffet just invested over a billion in United Healthcare, maybe they’ll takeover. I just hope the people who drove the company off a cliff don’t get their golden parachutes!