How does this incompetent frat boy still have his job? Thought EM woulda pushed him out by now. Maybe they sold their shares already. Board needs to go too
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Why isn't GM punished for having to RIF so many people here?
He’s goal is to be the first astronaut to land on the sun.
I sold 14 years worth of espp @10% at $103, which I didn’t think at the time was that great. I remember it briefly hitting the mid to upper $130s many years ago, and I missed that opportunity.
Now I feel like I dodged a bullet by dumping most at $103. Waiting to avoid short term capital gains on the rest has also corresponded with the Geoff Martha valuation dump, and it’s worth a fraction of what it was. I’ll be rid of all Medtronic stock as soon as I hold it for a year.
Selling all my Medtronic stock this week and investing in SpaceX.
Amazing stock action since GM started as CEO.
Exactly. Medtronic's mission isn't helping patients anymore. It's about hitting profit goals every quarter by any means neccessary.
How?
Corruption and rent-seeking from the Board.
No Fortune 500 CEO lasts more than 3 years with poor performance, and that's empirical data. Search it.
Geoff is on the Board, the Board has a sweet gig, and they don't want to give it up. They all scratch each other's backs and they don't give a sht about the success of Medtronic. They're here to cash in then roll out.