Thread regarding Dril-Quip Inc. layoffs

CEO Now CFO leaving. Thoughts?

Never looks good when a CFO resigns.

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| 2901 views | | 6 replies (last November 10, 2021) | Reply
Post ID: @OP+1d88WEc2

6 replies (most recent on top)

Rk new comp is almost double, don’t know what you’re talking about. Definitely left for the money.

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Post ID: @Cgaa+1d88WEc2

BdB leaving has been in the works for years, before they ever hired JB. It’s called succession planning. If you’ve been paying attention to anything happening at DQ you’d know they’d been grooming JB for the role for years. However… RK leaving is quite telling. His comp package is nearly the same between DQ and at his new gig. Must have left for non-comp reasons.

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Post ID: @8jub+1d88WEc2

Ninja thanks for your powerful words , all hail the great ninja

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Post ID: @3ain+1d88WEc2

Tweetie pie didn't like DM because he wasn't a yes man and had morals. Sure he was also an accountant but an accountant with morals which is a rarity. He cared about employees at Aberdeen and knew the were getting treated like cr@p. This doesn't fit in with DQ senior management philosophy so they got rid. When you had yes men like Texas Pete, dad's army and the car salesman running the place it was always headed for failure.

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Post ID: @3pva+1d88WEc2

Mckendrick era was good at DQ he actually cared about the guys . Bring back the Ninja he will sort it all out

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Post ID: @3ojr+1d88WEc2

Within weeks of the CEO announcing he’s had enough, I’d say the CFO has decided he’s not for hanging around. Especially with new CEO being an accountant, and his opinions on those was apparent in his comments about McKendrick in Aberdeen!!

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Post ID: @2ugl+1d88WEc2

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