It's time to stop bitching and take action. We know that this horror show will not get any better with the existing management, and we know that the board will not take the action necessary to remove them. That means that the shareholders of the company need to act. They are the last best hope we have to avoid a total disaster. As employees, all we can do is give the shareholders as much information as possible to make that happen.
Here is what I'm going to do, and I urge you to do the same. I'm going to create a phony anonymous email address and write to the big investment groups that hold over 57% of our stock. I'm going to tell them what we all know about the mismanagement, self-dealing, incompetence, waste, and stupidity we see every day in this place. I'm going to do it over and over again and I'm going to provide as many specific examples as I can. They need to take action to force a leadership change, and we need to prod them to do it.
Vanguard (including the Prime Cap Fund)
Attention: Mortimer Buckley, CEO
advisor_services@vanguard.com
T. Rowe Price
Attention: William Stromberg, CEO
ceo@troweprice.com
Wellington
Attention: Brendon Swords, CEO
info@wellington.com
Blackrock
Attention: Larry Fink CEO
contact.us@blackrock.com
If we don't force a management change VERY soon, we will all go down on a sinking ship.