While I'm sure there won't be a tear shed over Stern leaving, there is no such thing as a CEO layoff. I wouldn't be surprised if the board has finally had it's fill of Stern and asked him to leave. However, he will most likely be able to take his $10M severance + other benefits and fade into history. As for Binford in as CEO?? Come on, this guy has had nothing to stand on as far as his sales leadership over the past 2 years. He's decimated the sales org from a staff standpoint, there have been no pipeline and no successes during his tenure. Just l ook at the WINsday emails, every week for the past year +. There's no WINS in WINSday. I guess stranger things have happened. Leadership normally rewards failure at the VP level with promotions.
I reposted this as a thread, even though this post was originally a reply to another thread ( @VXQP3vo-ijn ).