Thread regarding USAA layoffs

BBRC Executives Depart Following Julie's Appointment

BBRC recently underwent a leadership change, with Julie replacing Jenn Das the head. Additionally, several executives have departed within a few weeks. Does anyone have any thoughts on this situation?

To date, the following individuals have left:

  • Christine Gorder
  • Ryan Bowen
  • Wolf Von D
  • Melanie Arthur
  • Several other executives across BBRC

Is it unusual or concerning for a department to experience such significant executive turnover in a short period? I have never witnessed this level of change in my entire career following a change in department head.

Bank Business Risk & Controls

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| 2231 views | | 12 replies (last July 8, 2024) | Reply
Post ID: @OP+1teFsLGP

12 replies (most recent on top)

How did IT get so lucky to get stuck with Jen D? Clueless.

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Post ID: @bapq+1teFsLGP

Echo that same thing needs to happen in HR, especially in the business partner space. A bunch of incompetent HRBPs helping senior leadership make bad decisions.
Yes…. Looking at you business partner. Thanks for nothing.

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Post ID: @bvhj+1teFsLGP

Julie is a Mergers & Acquisitions executive. They see the writing on the wall and getting out while they can find jobs.

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Post ID: @5gtv+1teFsLGP

HR can't get cleaned up until the Board and C-suite are purged. The Board and C-suite are totally owned by the Blackrock-ESG cartel, and are tanking the company to help pave the way for ESG flavored communism.

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Post ID: @2azy+1teFsLGP

Same should happen at the Executive level in HR! Get rid of the tenured HR Executives who think they are untouchable.

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Post ID: @1usp+1teFsLGP

It’s crazy how easily manipulated most people are

You know those people who talk about horrible time periods in history (segregation, the holocaust) and try to claim that they would’ve protested or refused to participate… not accurate. In every “a--hole boss” situation, at least half of the employees (in my experiences) become a mini version of the boss. Probably as a measure to try to protect themselves.

it was very common for employees to try to push out new people and test how much they could put up with. A lot of weird mind games and toxic behavior. The group psychology of it all is almost more concerning than the a--hole managers themselves tbh.

I remember there was one guy at the job who was a pretty good worker, but for whatever reason (probably simply not fitting in), management decided to make him a target for everything. He was nice, did his job, attempted to form relationships etc, but they just had it out for him. It was crazy to see how many other employees (even people who were seemingly the “nice” employees out of the bunch) became quick to use him as a scapegoat for everything and accuse him of being a bad employee. Those situations stick with me.

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Post ID: @1vgo+1teFsLGP

My theory is that bank risk team copied and pasted OCC examiners handbook and showed no sign of improving internal risk assessment process. So these execs got handed pink slips for not acting “enough” after consent orders came out.

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Post ID: @1guu+1teFsLGP

One of them for sure had been working to get out for a long time. They talk about the emotional abuse they endured and the toxic culture not to mention the constant fire drills. Sad to know that Ryan left, he had been around for a long time and I thought was a good guy.

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Post ID: @1muj+1teFsLGP

Key point is THEY left. Did not feel that USAA had the stability that they believe they need.

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Post ID: @1rwz+1teFsLGP

Several executives gone is a good start

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Post ID: @1ult+1teFsLGP

Wolf stuck around too long to put himself in any better situation when he went from VP to ED.

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Post ID: @igg+1teFsLGP

USAA has the best mission and the best executives. Scapegoat culture at its best. Create room to bring in new sacrificial lamb!

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Post ID: @icv+1teFsLGP

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