I guess this is not what we meant.
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Insurance Companies are also referred to as Financial Services so that doesn’t equal bank experience.
He is 60 years old. No need to worry. He will be a short timer too.
This hire definitely lends credence to the selling of the bank rumors.
I read the article on connect and I don’t see any financial services experience. He has insurance and government employment history. But unless I missed it, I didn’t see anything about banking. Did anybody see anything maybe somewhere else and I missed it?
We should be so lucky that he sells off the Bank. Way more trouble that it's worth.
@aa+1jh4b7ya7
His first major hire will be the bank President. If he gets that wrong, I could see them selling off the bank in the next 3-5 years. My gut feeling, he’ll do what Wayne did and hire other failed executives from Wells Fargo and BofA.
The email said that he has prior financial services experience. Where and what is the question and how does he feel about taking over the bank and the consent order? Or are the cogs ⚙️ in motion to sell the bank off? I’m not sure anything could prepare him for what a mess it is.