In a surprise move, Mike sent out an email to everyone in the company today saying that he is retiring. He indicated that the company is searching for a new CEO Here's hopung that we find one that the market loves and their stock surges again!
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He ruins the careers and family lives of three top executives, then next day announces he is leaving the company. Just had to do that before you left didn't you Mike?
Dishes out the firings then just strolls into the sunset with his millions. Total piece of sh-t.
This seems like a retirement where someone has a g-n to his head. In true Burkland fashion, he got three close allies probably massive severance checks during their layoff this week and got his godson promoted for the fourth time this year to a C level.
I would encourage you all to check out this LinkedIn post about the investment groups in here. Rather telling.
https://www.linkedin.com/posts/giovanni-tarone-569935240_five9-lays-off-three-senior-execs-with-broader-activity-7356093092883480579-R87D?utm_medium=ios_app&rcm=ACoAAAC-TcABnwFDNCDT0o4u-Ad-XFJNedDFRxw&utm_source=social_share_send&utm_campaign=copy_link
@OP obviously the replacement is Dignan.
@ag I think it's genuine retirement, simply because there is no power in the company that could get him kicked out. The board is controlled by Burkands
Retiring is like resigning before you get fired so that the firing doesnt go on your record!!
Retiring? I bet you could see the boot imprint on his hiney from space. But it took too dang long.
retirement? lol lol after canning all the execs and this is being spun as retiring? how ironic
https://finance.yahoo.com/news/five9-announces-future-retirement-chief-201000648.html