Geoff needs to go

Quote






If you look at the decisions made by the our last 2 CEOs, they have not made a single good acquisition. Not one. To put this in perspective a child with a coin is chooses 50% of the time correctly. Makes one think what we are doing paying these people huge amounts of money. We would have been better off if we just stayed the course, invested in R and D, and did not do the Covidien deal or any others for that matter.

Sometimes the best decision one makes, is the one they do not.
 






anonymous said:
If you look at the decisions made by the our last 2 CEOs, they have not made a single good acquisition. Not one. To put this in perspective a child with a coin is chooses 50% of the time correctly. Makes one think what we are doing paying these people huge amounts of money. We would have been better off if we just stayed the course, invested in R and D, and did not do the Covidien deal or any others for that matter.

Sometimes the best decision one makes, is the one they do not.
Click to expand...
They were great decisions for their personal bank accounts. Omar and Geoff personally pocketed over 100M personally in that deal, Omar was the highest paid CEO in 2015 I think with around 86M. As to how these thieves were allowed to do this...only the idiots in the board can answer.

Top Ten Highest Paid CEOs (rttnews.com)
 






What the hell, Geoff? You lay off all these people to save money, reorganize the company to a point where quality systems are in shambles, and delay payments to suppliers so now they don't put Medtronic first when their own supply issues arise.

The stock was supposed to go up, Geoff. What the hell are you doing?
 


















Will Geoff and Karen screw up the earnings call tomorrow? Kinda hope so… they are both useless and need to go. Not that it matters… the board of directors need to go too since they are taking no action. Everyone else seems to know full well that Geoff and Karen are ruining Medtronic.
 






anonymous said:
Will Geoff and Karen screw up the earnings call tomorrow? Kinda hope so… they are both useless and need to go. Not that it matters… the board of directors need to go too since they are taking no action. Everyone else seems to know full well that Geoff and Karen are ruining Medtronic.
Click to expand...

Do something about it and write a letter.

Email the Independent Directors on the Medtronic Board
independentdirectors@medtronic.com
 






anonymous said:
Do something about it and write a letter.

hey bud, we all have, it’s called employee engagement scores, which are the lowest in Medtronics history. Our board of directors and leadership teams have made conscious decisions to do anything in their power to move forward with anything to make short term profits look good…no matter what it does to employees or the patients that we should be protecting.

Email the Independent Directors on the Medtronic Board
independentdirectors@medtronic.com
Click to expand...
 
























anonymous said:
Worst CEO in the history of Medtronic and also the most arrogant. We need to vote him out! I don’t know how we do it but this is critical to our future.
Click to expand...

The annual shareholder meeting is on October 19, 2023. All shareholders should vote "Against" every single nominee for the board, which includes Geoff. Your broker should have already sent you instructions on how to submit your proxy vote.
Investor Relations | Medtronic - Annual Meeting & Reports
 












Geoff Martha (He/Him)
CEO & Chairman Of The Board Of Directors at Medtronic

Last week, I had the privilege of joining global leaders during the United Nations General Assembly to engage in a crucial conversation about the significance of education and training for healthcare providers. At Medtronic, our unwavering belief in the transformative power of healthcare technology drives our commitment to creating a more equitable world. Our dedication to nurturing a healthier world is intertwined with our investment in the education and training of healthcare professionals. Together, we are building a brighter future for healthcare.
 






Does anyone else ever feel like they work for quite possibly the most INEFFICIENT company on the planet? Every aspect of this job, every division, every form of communication all seems to take 10 times longer than it should to get ANYTHING done.
 






anonymous said:
Does anyone else ever feel like they work for quite possibly the most INEFFICIENT company on the planet? Every aspect of this job, every division, every form of communication all seems to take 10 times longer than it should to get ANYTHING done.
Click to expand...

If you’re working in an OU, the employee experience has become abysmal. All the organizational restructuring and layoffs have left us completely understaffed and clueless as to who does what anymore. Add to that the outsourcing of entire processes to people who have no idea how our organizations works is even a bigger mess. If you think change control is bad now, just wait…they’re next to be outsourced lol.
 
























Top Bottom
Back
Quote