Thread regarding Walgreens layoffs

I wonder how many shareholders even vote when the proxies are sent out. Many may not even pay attention to who the board is. The proxy is where shareholders should be checking the no box for each board member. Maybe keep the 14K guy. He comes cheap compared to the others.

Did Wasson make some bad decisions, yes. Does his damage and negligence even remotely compare to that of Roz, Tracey, Hsiao, and the ENTIRE board, NO! D-mb / bad decisions vs ignorance, willful intent to cause harm, self-promotion, lack of strategic thinking, and straight up rac1sm we're not part of his problem. These other people.....it's in their DNA.
Let's also not forget the CCP angle with Hsiao Wang.....when will someone question what actions he may have taken while having direct access to one of the nations largest repositories of US Health records!!!!! He openly preached and practiced CCP oriented propaganda and work principles with numerous stories of both employees and leaders raising concerns over his IT practices and constant HR violations. The CEO, CHRO, CFO, GC, AND the Board all knew this, yet did nothing.
Hey SEC, how about taking a look at this companies practices!!!! The Walgreens motto for decades was "The Pharmacy America Trusts"......now its motto is the "The Pharmacy America Used to Trust". Sickening.

Not disagreeing with your assessment of the board. I just don't think they serve much of a function. They're basically here to collect a check for minimal effort. Not surprised by their
lack of oversight. Many companies probably cruise along on auto-pilot without much input from the board. This board joined a company that actually required effort. And yes, Roz Brewer's compensation is insane. She was useless. Walgreen's downfall started with Wasson (cost-costing and the Express Scripts debacle) and was exacerbated by stupid decisions and missteps since. Morale has been in the toilet for years. At this point, we're just circling the drain waiting for the buyout to happen.

Standard to be paid to watch a company take a dive? Seriously, there is no way any of these board members should be re-elected let alone compensated. What value have they brought to WBA? Criminal......

@pvf+1w6tpSNM
It is hardly ‘standard’ for BoD members w a history and trail of destruction to be re-elected, let alone to be paid absurd amounts for NOTHING other than demise. Name one thing ANY of these fools has done to forward WBA & not themselves?! Compare these numbers to what even most 10yr employees in Deerfield or at the store level make.
You likely also think it ‘standard’ for a Fortune20 Co to not only allow a canned CE0 to hang around post-sack, but to actually PAY the recently released CE0 nearly $400k/mth for FOUR MONTHS to ‘advise and consult’🙄 Advise and consult on what??? How to destroy a once respected and remarkable Made in America company in record time???!!! Allowed to hang around alone is UNHEARD OF- let alone the repulsive amnt of inexplicable monies pd to someone just canned. But that’s exactly what happened- and STILL no SEC, no DOJ, and one sole journalist.
NO- it is NOT standard for the same board members who oversaw the complete destruction of a vibrant company, from a Fortune20 Co to being completely kicked off the Dow, to remain on said board, let alone continue to pocket 200k-300k while longterm loyal employees lose EVERYTHING.
Wow. Just wow.
And this is how we are where we are folks🙄🙄🙄 SMDH

Isn't this pretty standard for boards of directors? All they have to do is show up for a meeting a few times a year, possibly get travel paid for along with some wining and dining and a stay at a luxury hotel all on the company dime, and collect a fat check for their trouble. Judging from Walgreen's current state, you don't even have to do a decent job. Sounds like a great gig if you can get it!