.profgalloway to Twitter's executive chairman: Replace CEO Jack Dorsey
A part-time CEO who is relocating to Africa? Enough already.
Twitter has, on every metric, underperformed peers for several years. Since Mr. Dorsey's return to the firm in July 2015, shareholder return is –15%, vs. Google +153%, Facebook +129%, the S&P 500 +50%, Dow Jones U.S. Media Index +29%, and MSCI tech index +115%. The stock has experienced substantial contraction of its earnings multiple as the market is losing confidence in management, the board, and the firm's prospects.
The poor citizenship of Twitter is bad. What's worse is Twitter's malfeasance coupled with scant benefit to stakeholders. The platform is all the calories of big tech without the great taste . At least tobacco stocks performed well. Political scandals happen daily under this administration. The president has tweeted about nuclear war. He becomes more erratic under pressure. How will the next bout of nuclear war tweets be handled? Whom, if not the CEO, are those delegated to?
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Netflix Film Chief Scott Stuber Says Streamer Planning to Release More Audience NumbersNetflix is closer to getting into the numbers game than it’s ever been. Scott Stuber, the head of original films at Netflix, says the behemoth streaming company — which has famously kept its …
Leer más »
Hollywood Remembers Leonard Goldberg: Jaclyn Smith, Scott Rudin, Barry Diller Pay TributeHollywood remembered producer Leonard Goldberg today, with a roster of tributes reflecting his long history in television and film. “I met Len 40 years ago on a show called Charlies Angels,” …
Leer más »
United's Oscar Munoz to step down as CEO, President Scott Kirby will take overUnited Airlines announced this morning that CEO Oscar Munoz will turn over day-to-day management of the airline next spring to President Scott Kirby, who will become company’s chief executive officer.
Leer más »
Lionel Richie speaks out about Sofia's age-gap relationship with Scott DisickLionel Richie has shared his thoughts on his daughter Sofia's relationship with Scott Disick, who have a 15-year age difference and has caused controversy in the past
Leer más »
United Airlines picks Scott Kirby to replace Oscar Munoz as CEOUnited Airlines Holdings Inc on Thursday named insider Scott Kirby as its chief ...
Leer más »