Tom Wilson was the comptroller for Sears and if you look at the history of Sears, you'll see the beginning of the fall of Sears.
16 replies (most recent on top)
Do you ever wonder why at every town hall meeting no one ever asks any questions?
Allstate’s new slogan. We don’t grow organically, we dip into our investment fund and buy other books of business.
So TW has moved the stock price from $61 to $96 today during his 13 year tenure. Great job Tom and Google needs to watch out.
Allstate will be the new Kemper Insurance
Tom, is that you?
The movie is called the Titanic and TW is the captain. I’m grabbing my popcorn now.
Cry more while flexing on an anonymous website complaining about something that you cannot and will not do anything about.
Truth hurts. You are in your chair and I promise, my chair feels just fine. Just stupid to see the cancel culture immediately go after the C-suite like it will make a difference.
Your time at work is a contract on what they think you are worth. Big blue clearly values his time 230x what your time is worth so keep going....I'll go grab the popcorn.
TW apologist, you probably only got to step 2 on the assessment, lol
Just pointing out what a fool you are
Yet look where he is....that's my point exactly.
It's easy to point out every one of someone else's mistakes after the fact. I see you are doing a hell of a lot on this site griping.
You are the definition of an armchair quarterback. Keep going with your bad self.
So how much do you make Mr Irrelevant? Lol
You have no idea what your talking about. Prodigy had a significant head start and Tom Wilson blew it. He didn’t think AOL was a threat. I heard it directly from Tom Wilson that it was one of his biggest mistakes.
and yet he is making 13MM a year and what are you making again?
Sounds like you are a great armchair quarterback tho! glwt
Sears sold Prodigy when it had 1.5 million users and was the third largest online service around, even though it started years after Compuserve. Sears was shedding assets left and right at the time, including the half stake it had in Prodigy (half owned by IBM). I mean it's an interest historical footnote, but it's like talking about the fact that Sears used to sell homes, nothing to do with nothing. All those online services were made obsolete by the Internet.
Tom Wilson was in charge of Prodigy for Sears, ran it into the ground. Is that a stretch?
The current situation stinks but your comment is a huge stretch of reality.
No one will want to hear this but Sears is a case study in what happens when you don’t listen to your customers and stay relevant in changing times. A string of old guard CEOs at Sears made horrible decisions, long after Tom Wilson left. They were way too late to the party trying to compete against Amazon, having competitive prices, and merchandise customers wanted. Sears is not a case study in bad decisions by comptrollers.
If Allstate does not adapt with the times, stay relevant, and most importantly stay competitive, then Sears is a good comparison of what would be ahead for us.