#executiveteam

With so many executives leaving, it's hard not to wonder is Centene on its last legs, or is the company just going through a brutal restructuring?

Now we have a new CFO coming in from outside the healthcare industry. Will bringing in non-healthcare financial leadership turn the ship around, or will the steep learning curve just drive us further down?

Honest thoughts? Starting to get really worried about where we’re heading. :/

The WARN notice for the WA layoffs came out of Overland Park. I don't think Ive ever seen that in the 20 years I worked at corporate. Official notices and high level items always came out of Newport. Shows how much the culture has changed, executive functions are originating out of Kansas City.

https://www.facebook.com/share/r/1D6GaQ9wY8/

In Finance they declassified 15 execs to protect them from the two strike rule. Now they are competing at 28-29 level and can avoid NSI. Guess how they selected which execs were declassed? Definitely not the older ones. How is that legal?

I’ve never seen a CEO completely ruin a company faster than Clay has managed to. Gives up the board and exec team. Doesn’t address the massive pay discrepancy between the two companies when the better performing company is the one being underpaid, and now he lets the only Exec with brains/ba--s walk in Raines.

There was a post on the r/IBM Reddit page this morning that has since been removed by the executive team's flying monkeys. The post discussed 17 products being sold by IBM to Persistent and didn't go into further detail as the person who posted it was worried about being outed. Has anyone else heard this rumor?

Something deeper is going on

Sell now

https://www.investing.com/news/insider-trading-news/halliburton-ceo-miller-sells-436m-in-common-stock-93CH-4868083

Some interesting chatter is coming out of Florida this week.

Word on the street is that the independent investigation into ousted L3Harris CEO Chris Kubasik isn’t just looking at his recent behavior. Apparently, investigators are digging into old HR complaints from 2021-2022 to see who else knew what was going on.

As most of you know, 3M CEO Bill Brown was the Chairman of L3Harris back then and engineered the merger with Kubasik. The rumor going around internal circles is that some senior executives are worried paper trails or emails might surface showing that Brown was warned about Kubasik's conduct years ago.

Read here in the Wall Street Journal: https://www.wsj.com/business/women-at-l3harris-shared-concerns-about-ceos-behavior-years-before-ouster-966010ab

Not good for 3M if true. I hope it's not true.

Now that OxyChem has sold, it looks to me that we have an EVP with nothing to do. Where am I wrong?

This rests at your feet.
Kept hiring from the Boyz club for CEO and here you are.
Pathetic.
Not surprising.

Drew Asher
Susan Mills

I’m now 43 and still @ CL28…no promotion last 5yrs. Any chance I can make Exec? Is it worth the effort? If i get E/O next 10yrs, can i make it to Exec?

They care about their own paychecks. And they're very good at it.

Ryan Drew, formerly of Under Armour's Curry Brand, has accepted a new position at Wolverine World Wide Inc. He will serve as the chief product officer for the company's Work Group. This division encompasses several well-known footwear brands designed for demanding jobs. Drew brings extensive experience from his previous roles in footwear marketing and global product development. His move signifies a significant shift in his career within the athletic and workwear industries.

Baltimore, Maryland

https://www.bizjournals.com/baltimore/news/2026/05/07/8-things-to-know-under-armour-ryan-drew-wolverine.html

Are execs truly happy or miserable? Ranking must be brutal.

Is the risk higher for execs not to make it to retirement eligible (ie 55)?

"Anthropic is hiring an “Insider Risk Investigator” to investigate employees, conduct sensitive interviews, analyze internal logs, and look for insider threats." the CEO is worried the younger generation works for money instead of the company’s ‘mission.’ He’s right I always use ExxonMobil’s corporate buzzwords and statements to pay bills. The mission is for employees; the paycheck is for executives.

The upstream has been gutted. We are staffed for copy and past Guyana and copy and paste Permian. With the Horizon challenge nothing is copy and paste now. Executives baffled why everything isn’t like Guyana and Permian. Endless effort being expended to hold their hands and explain to them why everything isn’t not as easy as Permian and Guyana. Sadly they aren’t smart enough to understand so just keep yelling at the teams to find a way.

Tick tok... amazing how Congress is zeroing in publicly on Verizon/Jack Smith artic frost.

Amazing Hans fired when first surfaced.... other Execs named who ate no longer here either.

Finally, the Vz Board gets exposed on Hans failure.

The lifting of consent order on Citibank by the OCC and the Federal Reserve this year is not quite a sure thing.

That "90%" complete line from the C suite is more about checking the boxes and implementing controls, not actually achieving clean data.

AI entire executive board leadership save millions, VZ stock price might increase

What are his contributions over the years?

Executives all hire the same consultants and do the same thing. How is their pay justified when they all just follow each other and do the same thing like a bunch of sheep?

https://www.upstreamonline.com/people/bp-to-slash-700-jobs/2-1-2022872

Electronic Arts executives received substantial bonuses despite recent employee reductions. CEO Andrew Wilson was awarded nearly $39 million, with other senior leaders also receiving multi-million dollar payouts. These bonuses were reportedly tied to the successful achievement of game development and performance milestones. The company's report detailed successes across franchises like Battlefield, EA Sports FC, Apex, Skate, and The Sims. This compensation structure has drawn attention following the undisclosed number of non-development roles eliminated in the US and India.

Redwood City, California

https://insider-gaming.com/ea-ceo-bonuses-layoffs/

With all the executive turnover, it feels like this Forum is going to be rough from a client messaging perspective. I'd be seriously questioning if there is enough actual leadership to move the company forward.

Also, the conference website shows only two featured speakers, Takis and a behavioral scientist I have never heard of. In years past there has been former presidents and major celebrities. I hope more is going to be announced soon because that is a very weak lineup.

Serious question for current and former Nike employees:

At what point does internal politics become corruption?

Do you think Nike has crossed that line? If so, where do you see it most, promotions, hiring, performance reviews, vendor relationships, executive decision-making, or somewhere else?

Looking for thoughtful discussion based on firsthand experience.

What do executive sponsors do to help the chosen ones?

And if helping with the ranks is one of their main roles, what happens when the person stops reporting to that specific sponsor?

While employees wait to find out if they’ll have a job when the VSP determinations settle, and the layoffs ensue, here’s what Centene’s top leadership has accumulated in company stock.

Executive Approx. Stock Value 2025 Compensation
Sarah London (CEO) ~$78.1M ~$21.6M
Drew Asher (CFO) ~$48.6M ~$10.3M
Chris Koster ~$23.1M ~$8.2M
Fred Eppinger ~$23.0M ~$0.6M (Board)
Ken Burdick ~$17.4M ~$7.4M
Susan Smith ~$13.7M ~$6.8M
Michael Carson ~$11.5M N/A
Tanya McNally ~$8.3M ~$5.8M
Katie Casso ~$7.2M ~$5.5M

Meanwhile, thousands of employees have spent months wondering whether VSP, layoffs, outsourcing, or another reorganization is coming for them.

We hear a lot about being “good stewards of taxpayer dollars.” We also hear that “when the business changes, we need to change with it.”

Fair enough. But stewardship shouldn’t only flow downhill.

If employees are expected to absorb the uncertainty, workload, and career disruption that come with those changes, it’s reasonable to ask whether leadership should share more of that burden too.

The numbers above aren’t opinions, rather they’re from Centene’s public SEC filings. The contrast between executive wealth and employee anxiety is what people are reacting to.

When FIS gets sold then executive team members will get hefty bonuses- ranging from 10 to 100 million.
Staff members get eggs to eat.

Comical how execs reposting today’s earnings — see Dan, “I’m a company man” please don’t fire me I knew all along you were great. Oh, I’m also an AI expert! Lol

Can Execs get PIP’d or demoted to Non-Exec due to poor ranking?

At this point it feels less like "if" and more like "when." Between the CEO changes, the exec departures, and the pattern we've seen every couple months this year, another round seems inevitable. Anyone hearing anything about timing? Curious if people think it's weeks away or if we get a quiet quarter first.

Coming back from GC already, I heard they are in line to get a new C suite role in HQ. That was short lived in GC! I guess that’s why they never updated their LinkedIn.

My Manager told me last night that he had heard from the head of security that some weeks ago all our executives had a lavish meeting in Paris, France. My manager said that he was told that they all had very expensive private area dinners and other expensive perks and activities. My manager listened with a smile but he was pi---d because he has had to submit a lesser budget last year than he wanted and had team investment restrictions only to see the execs galavant to expensive places. He is pi---d because they could gone to customer restaurants here is the U.S.A. and supported our customers who invest in us. We don't have customers in Paris so what were they thinking? When my manager inquired about why they chose Paris, the head told him that he heard they did Barcelona in Spain last year. The good thing is that the head didn't go and sent someone in his place while he kicked back with a bottle of bourbon at home. You have to wonder if he chose to stay as a silent protest.

Save and cut costs!

Stop paying retail reps for In-Store Pick Up orders!

You are literally paying double commission!

Millions of dollars saved!

How many layers of executive management exist between the CFO and a person who actually does some work? I'm looking at an example now that shows 5 layers, all based in Houston, all execs and none actually doing anything other than talking about other folks work. It's embarrassing to see the greed given the pain they're causing the rest of the organisation. Too many snouts in the trough and it needs to stop.

How much does the current Verizon's C-Suite understand and know?

https://www.marketbeat.com/instant-alerts/filing-inceptionr-llc-acquires-22348-shares-of-us-bancorp-usb-2026-06-11/

Why is that everything at IBM needs to orbit around a bunch of useless execs? And they are always having fun with ridiculous videos, such as this current one about watsonx challenge.

CEOs now openly discuss AI-induced workforce reductions, a stark contrast to previous sanitized corporate layoff announcements. Executives use this brash language to signal AI commitment to investors. Such statements often boost company stock prices significantly. This trend reflects a shift in executive behavior and reduced worker bargaining power. The public posturing can also lead to threats against company leaders.

https://finance.yahoo.com/technology/ai/articles/ai-created-braggy-culture-layoffs-100000668.html