Thread regarding Denbury Resources Inc. layoffs

Where's Waldo..... I mean Arvo?

Been a while since we have had any type of update from our transition leader.

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| 4781 views | | 19 replies (last October 23, 2023) | Reply
Post ID: @OP+1oOQdXts

19 replies (most recent on top)

I hear Arvin was at the picnic over the weekend, as one of the 12 total attendees!
smdh

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Post ID: @qyll+1oOQdXts

Another 2 weeks still nothing from our transition leader.

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Post ID: @osqx+1oOQdXts

Still no word from the integration leader.

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Post ID: @9wid+1oOQdXts

What I heard today from a "reliable source" is that the bonus decision hasn't been finalized or approved yet. Whatever that means.

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Post ID: @7shh+1oOQdXts

You don’t retain employees by WITHHOLDING a bonus, you retain employees by OFFERING a retention bonus, good jobs, and not forcing families to move.
Control what you can, after close it’s no longer Denbury’s decision.

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Post ID: @7yrc+1oOQdXts

Don't we have CK on video saying we'd get our annual bonus based on an entire year, paid at closing?

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Post ID: @7vof+1oOQdXts

What is bad is not getting our bonus. Why haven’t we heard anything about that?
In the docs it looks like DEN could pay it before close but from what I’m hearing that’s not going to happen.

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Post ID: @7zic+1oOQdXts

Not bad

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Post ID: @6zhq+1oOQdXts

Check the merger agreement, but I believe close is within 4 business days of the vote.

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Post ID: @6zmh+1oOQdXts

Close like 15 days after vote ?

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Post ID: @6guz+1oOQdXts

Adds up

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Post ID: @5mrx+1oOQdXts

Public info. as of Friday, yet no internal communication. Vote is scheduled for Oct. 31

https://www.sec.gov/Archives/edgar/data/945764/000119312523247519/d537588ddefm14a.htm

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Post ID: @5izw+1oOQdXts

When is the shareholder vote? I have seen nothing publicly announced yet.

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Post ID: @5gjq+1oOQdXts

Now that the shareholder vote date has been set, can we have some transparent conversations?

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Post ID: @5fbb+1oOQdXts

AB did not share anything.

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Post ID: @2qjk+1oOQdXts

AB is a solid dude, no question about that.

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Post ID: @2koj+1oOQdXts

He will share information when he gets it. My guess is it will be quiet up until a couple week before the meger

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Post ID: @1fyv+1oOQdXts

Transparency at its finest!

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Post ID: @fae+1oOQdXts

Its a super secret transition. Employees dont need to know anything about it.

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Post ID: @vtv+1oOQdXts

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