Vice Chair, Compensation & Workforce Committee
Member, Finance & Audit Committee
@jj+1jjwdsyzd
No, at much larger firms. USAA is a drop in the bucket.
Michaels father just passed away, you all are ridiculous. It’s like saying all Figueroa’s are related. Stop looking for something to complain about. #FakeNews
@bd+1jjwdsyzd Did you help them do that at USAA? If so wasn’t sure if that meant the bank would be sold.
Dad and son
So how is the new bank president related to Admiral Moran on BOD, besides same last name?
I have helped to build out lines of business and taken them down for sell/liquidation. It takes a long time to negotiate a sell, perform due diligence, and transfer portfolios to another company. After the transition, a skeleton crew is kept around based on the negotiated time frame. The point is, if you think this person has no experience building a business up then figure out if he knows how to take them down....
Here’s a slide deck that could be referenced when annual members meet in August to elect board members:
https://pages.stern.nyu.edu/~adamodar/podcasts/cfspr19/session3slides.pdf