Thread: Smisek fired
View Single Post
Old 09-09-2015 | 12:12 PM
  #70  
full of luv
Banned
 
Joined: Dec 2009
Posts: 3,655
Likes: 0
From: Narrow/Left Wide/Right
Default

Originally Posted by Thor
Good luck with the optimism! The fact is that Munoz has been on the CAL board since 2004 and the UCH board since it's inception in 2010.

Said another way:

He's listed as the "financial expert" on the UCH board Executive and Finance committees. Munoz has had a front row seat on the board and took an active role as a director in:

UCH stock buybacks
Executive bonuses

When you see front line employees without the assets to perform their jobs, remember that Munoz was a key board member that chose to "return equity to shareholders" at the risk of hobbling the operation.

No doubt that a board member's job is to encourage management to squeeze every last dime from gross revenue and return it to shareholders. Just don't tell me that this guy is riding in on a Unicorn and farting rainbows.

Meet the new boss, same as the old boss.

In the next 90 days, you'll see him around the system glad handing everyone within reach. There's going to be enough Kool Aid for everyone and you'll hear guys humming Kumbayya on layovers. In a year, you'll look back and realize that nothing has changed.

I hope everyone can reply here in a year and tell me how full of it I am, really!
But wasn't Smisek the "IT" expert?
Reply