New board member Racine Karl gets 3800 shares at zero cost , value $28.76 = 109,288 and we workers get ZERO. Duck DXC. ( replace the D in Duck with a big fat F)
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lol annual review. Haha
"we need you to do X extra"
Will I get a raise if I do"
"no guarantees"
So no?
My guess is the 2 new board members where brought in because of the take over approach. Ask yourselves why 2 politicians? A DA and a congressman. Also immediately after the new board members joined the fonds depot and AXA deal finally closed. Sounds to me that DXC's buyer didn't want the banks (I am aware that the transaction has been pending for a number of years) and they where waiting for regulatory approval before moving foward with the takeover of DXC. My guess is once DXC found out that they'll be able to sell the banks they Immediately hired the board members. My gut feeling here is IBM is going to purchase DXC. Yes yes I know they just spunout Kyndryl but this whole PE thing and general approach reeks of IBM. It's also quite coincidental that on the same day DXC announced the new board members IBM announced that they'd brought back the guy who did the red hat deal. Very suspicious.
annual performance review. why? If you don’t meet goals you get nothing, if you met goals you get nothing and if you exceed goals you get nothing ! No reason to do anything extra , I only work maybe 8 real hours in a week because there is no point to to exceed. I take it easy every day , ho to meetings where nothing gets done and watch the Dell contractors fail day in and day out
They just bought a YES man. No board member at that price will put in an ounce of effort. That is the cost to show up at meetings and throw a vote behind Shouty.
100k for a board member is nothing. Don't get stressed out. Please complete the security awareness training, standard of business conduct training in time and get ready for your annual performance review.