Between the shuffle of Strazik, Stokes, and Rice, who expects GE Power to actually turn around and succeed now? They might as well have said "all hands abandon ship."
16 replies (most recent on top)
Sharp leaders know when to give up. I think you meant "egotistical".
In any event, JR is of, for and by GE.
First of all, JF is not useless. He just had a bad hand. Secondly, do not judge others until you are in their shoes. Last but not least, true sharp leaders do not give up.
So much for VA taking the helm.
Chill out, CEO and board members' names are not confidential "crown jewels."
Don't post names, that's not allowed here.
There probably won't be enough cash left next year to try again with another CEO. It's becoming clear that LC is as useless as JF was.
Disastrous decisions. Brace for more of the same.
Unbelievable. Which planet does Culp live on? Stock now under $8 and dropping. Wow.
They should layoff all T Rates!
@ude You said it better than I could.
Instead of mass layoffs, run the power business four days a week on a temporary basis.
This makes no sense. All these people have already failed. Changing Flannery for Culp is not enough to change the direction of the company. I thought Culp would be different but if he’s just going to reassign to people already failed he won’t make any difference.
Another hog at the corporate trough. Apparently he didnt get enough the first time. Time to dust off your resumes, have to pay Johns salary somehow.
Just what we need, more re-tread executives to skim some more for their coffers! Drain the swamp!
We need a real heavy round of layoffs now to get rid of the dead weight and position the business to win going foward
CAS back in full force (was it ever gone in the first place...:?)
:-)