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Anonymous

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Despite the early wakeup call it was great to see some folks from Hospira out at Medinah!
Funny watching Sean trying to get Zac's autograph yesterday, for a grandson's christmas one day. Go Hawkeyes! He had a blast at the courtesy pavillion today. Pete and Jimmy looked relaxed. Must have been that Grey Goose. Saw some of the guys from the Winston firm talking to Baxter? Heard they had problems too. I didn't see Chris...we worked through our differences...too bad.
Saw some regular Hospira folks too, try to encourage them about the potential payoff- could be greater that what happened in 2008-9. Hang in there sales team! j
 






Anonymous said:
Despite the early wakeup call it was great to see some folks from Hospira out at Medinah!
Funny watching Sean trying to get Zac's autograph yesterday, for a grandson's christmas one day. Go Hawkeyes! He had a blast at the courtesy pavillion today. Pete and Jimmy looked relaxed. Must have been that Grey Goose. Saw some of the guys from the Winston firm talking to Baxter? Heard they had problems too. I didn't see Chris...we worked through our differences...too bad.
Saw some regular Hospira folks too, try to encourage them about the potential payoff- could be greater that what happened in 2008-9. Hang in there sales team! j
Click to expand...

are you a brown nosing, shoe kissing, brass licker ?
 






Responder, actually I am a retired executive with many years at Abbott and a few finishing out with Hospira. The last five years were a tremendous bonus for all of us. And much fun too! We inherited a business model that had been neglected for many years on the capital side and business development had been lacking. We were able to implement strategies and programs that resulted in the survival of the franchise. Something you probably have not been exposed to at your lower level, so I understand your comments here. A small measurement of success was the stock price went from $26/share up to near $60, which was a great exit point for your options? If your still employed at the firm that is another measurement to consider, in this business climate, that exists today? You also have the great opportunity to forge something everyday, in your hands, just like a potter forges his pottery everyday...not many people get that opportunity? You should be thankful for the group of guys that were at the golf event!
 






Anonymous said:
Responder, actually I am a retired executive with many years at Abbott and a few finishing out with Hospira. The last five years were a tremendous bonus for all of us. And much fun too! We inherited a business model that had been neglected for many years on the capital side and business development had been lacking. We were able to implement strategies and programs that resulted in the survival of the franchise. Something you probably have not been exposed to at your lower level, so I understand your comments here. A small measurement of success was the stock price went from $26/share up to near $60, which was a great exit point for your options? If your still employed at the firm that is another measurement to consider, in this business climate, that exists today? You also have the great opportunity to forge something everyday, in your hands, just like a potter forges his pottery everyday...not many people get that opportunity? You should be thankful for the group of guys that were at the golf event!
Click to expand...

another poster here: although you make some valid points, the options you speak of may have done well at your level but at the lower level they were not $60. we were limited to a time factor. as far as being neglected i think that the evidence in RM and other sites may tell a different story. and i hope that when you speak of strategies your not speaking of LEAN or Project Fuel. i think even the upper levels can see where some of those ideas did not pan out to well. the shipping of IT overseas did not work well either. so others and i see it as the workers on the floors are doing better than ever even though they are the ones that are doing with less manpower and equipment that has seen better years. true it is good to have a job, no doubt about that, but everyone wants to be better off financially and be able to work for a company that takes care of it's people that they work for.
 






Anonymous said:
Responder, actually I am a retired executive with many years at Abbott and a few finishing out with Hospira. The last five years were a tremendous bonus for all of us. And much fun too! We inherited a business model that had been neglected for many years on the capital side and business development had been lacking. We were able to implement strategies and programs that resulted in the survival of the franchise. Something you probably have not been exposed to at your lower level, so I understand your comments here. A small measurement of success was the stock price went from $26/share up to near $60, which was a great exit point for your options? If your still employed at the firm that is another measurement to consider, in this business climate, that exists today? You also have the great opportunity to forge something everyday, in your hands, just like a potter forges his pottery everyday...not many people get that opportunity? You should be thankful for the group of guys that were at the golf event!
Click to expand...


Hospira's senior management team deliberatly in an
elaborate way, raided the companies wealth by making
destructive cost cutting moves to all plants. Laid
off valuable employees. All in effort to raise stock
price and profit from it. Just look back in 2009 what
transpired. CEO had vendeta against employee for class
action lawsuit from spin off from Abbott. Threatend to
close facilities if demands were not met. Company is
now in shambles. Customers can not get the needed
drugs. Peoples lives are at stake and corporate
officers made off with millions of dollars.

All you have to do is go back 3 yrs and see what
caused this mess. Hospira senior managements greed
brought this on and they don't want to own up to it.
Some have left the company with millions and many more
still remain to cover their tracks.
The CEO (Begley) in 2009 put forth a plan to boost the
company from single digits to double digit growth. To
achieve this, they would basically make massive
spending cuts across all manufacturing facilities and
layoff 10% of workforce. To make a long story short.
Wall street loved it. The stock price soared
(temporarily). CEO and some others cashed in on the
stock and options, collected on bonuses and "got out
of Dodge". It's criminal what they have gotten away with. SEC and
justice dept. turns a blind eye to it. People lives
have been hurt if not terminated from their greed.

You at the upper level sir are obviously living in a
bubble, shielded from what the majority of employees
deal with.
 






"The last five years were a tremendous bonus for all of us"

You've got to be kidding!! Are you related to the Iraqi Information Minister?


"You should be thankful for the group of guys that were at the golf event"

You just confirm how much this project lean and fuel has screwed the average employee and benefitted only the top brass. You are definitely out of touch with the blue collar workers. You should be the one thankful for the employees that provide you with a posh lifestyle. Most of us had the rug pulled out from under us regarding retirement. "Tremendous bonus for all of us". BS!
 






Anonymous said:
Hospira's senior management team deliberatly in an
elaborate way, raided the companies wealth by making
destructive cost cutting moves to all plants. Laid
off valuable employees. All in effort to raise stock
price and profit from it. Just look back in 2009 what
transpired. CEO had vendeta against employee for class
action lawsuit from spin off from Abbott. Threatend to
close facilities if demands were not met. Company is
now in shambles. Customers can not get the needed
drugs. Peoples lives are at stake and corporate
officers made off with millions of dollars.

All you have to do is go back 3 yrs and see what
caused this mess. Hospira senior managements greed
brought this on and they don't want to own up to it.
Some have left the company with millions and many more
still remain to cover their tracks.
The CEO (Begley) in 2009 put forth a plan to boost the
company from single digits to double digit growth. To
achieve this, they would basically make massive
spending cuts across all manufacturing facilities and
layoff 10% of workforce. To make a long story short.
Wall street loved it. The stock price soared
(temporarily). CEO and some others cashed in on the
stock and options, collected on bonuses and "got out
of Dodge". It's criminal what they have gotten away with. SEC and
justice dept. turns a blind eye to it. People lives
have been hurt if not terminated from their greed.

You at the upper level sir are obviously living in a
bubble, shielded from what the majority of employees
deal with.
Click to expand...

OP here, let me try to address some of your points. On the face of things your points appear to be valid but only from your "horse blinders" perspective. Let me elaborate for you and we can start to remove your blinders fella:

1. The "deliberate and elaborate" plans were just that, your are correct. Or in other (my) words, precise cost cutting plans because upper management needed to create a pathway for the investment overseas to sustain itself.

2. Stock price is about supply and demand from buyers. The invest community believed in the quarter to quarter performance, buyers bought, price went up....

3. Vendetta is something you say, probably believe, but without merit. Something that both courts upheld. You need to get over that. Just helping you fella.

4. The "millions" are a part of our capitalistic structure, "our way", so to speak. Look at it from a the perspective of a hospital janitor and how they think of a Hospira Salesman when they see them at work. "Our capitalistic way", affords the janitor every opportunity to become more than she is...if she wants. Is it fair to the Hospira saleman that the janitor is jealous and feels neglected like you do now?

5. As I cashed out my stock options over the year at Abbott and Hospira, it was based on strict advise from my accountant to make sure all of my eggs were not in one basket. The Hospira options were especially fruitful. Again, the Hospira managment team needs to be congratulated on a fine job from 2004!

6. I am not living in a bubble but in a comfortable home here in Lake Forest. Everyday I drive by HQ, I can't help but take a deep breath of "success". That's a very satisfying feeling that you may experience. Dream about it, you can make it happen like I did!

7. You may need to seek some counseling to deal with the resentment that eminates from your dialogue. I always found it to be helpful! Your insurance plan probably will help in covering part of its cost!

8. Hospira has been a great story....I am looking forward to reading many more great things happening as time passes by. Thanks.
 






Lets see fella..... Do you figure sending emails out on a weekly basis about a new VP position being created as cost cutting?

Who sets the pay structure for ceo and directors? The board? The one that Begley was Chairman of?

Why did HR do a road show to the plants and threaten against forming a union if everything was going to be great for everyone?

Thats fine if he makes his money with intergrity and honesty. Manipulating the stock and balance sheet by making huge cuts at plants and laying off workers is recipe for self destruction down the road. Everyone can see that now with all the recalls and FDA audits. It did produce short term success which allowed Begley and few others to cash in on.

Interesting he gave Mike Ball someone unproven at the CEO level 11 million bonus/bribe to take this sinking ship and to give him a quite send off.

I know how much you would like to think of yourself and the other "good ole boys" at the top as "honest business men" that are resented by the grunts. The fact is that no matter how much lipstick you put on a pig, it's still a pig.

Stay away from that Koolaid. It may taste sweet for awhile but eventually it will kill you.
 






Not satisfied enough with his ill-gotten gains, the perp returned to the scene of the crime in a vain attempt to rewrite history and repair his destroyed reputation.
 






The explanations are an eye opener. They are very realistic explanations. The only thing missing is that it was an enormous mistake to reduce the number of employees at the manufacturing plants. I think CB did a lot of great things for Hospira and deserved to be paid accordingly. To call it a great success to drive by the company when you know that people are sufferring because of a poor decision you made doesn't seem plausible.

I resent the inference that I would ever be jealous of a CEO. I never strived to be a CEO and never intended to make that a career goal. I never for a moment have resented their position or cared what they were paid. I have always appreciated the job they did which created a position for me which fit into my lifestyle and goals. My life has a different order and that is God, family and then work which would never allow me to be in position where greed has to be a factor in order to be successful.

Everyone makes mistakes, unfortunately the project fuel mistake created hardship that extended beyond the employees and to the general public.
 






Anonymous said:
Responder, actually I am a retired executive with many years at Abbott and a few finishing out with Hospira. The last five years were a tremendous bonus for all of us. And much fun too! We inherited a business model that had been neglected for many years on the capital side and business development had been lacking. We were able to implement strategies and programs that resulted in the survival of the franchise. Something you probably have not been exposed to at your lower level, so I understand your comments here. A small measurement of success was the stock price went from $26/share up to near $60, which was a great exit point for your options? If your still employed at the firm that is another measurement to consider, in this business climate, that exists today? You also have the great opportunity to forge something everyday, in your hands, just like a potter forges his pottery everyday...not many people get that opportunity? You should be thankful for the group of guys that were at the golf event!
Click to expand...

golf is a fag game
 






Anonymous said:
Despite the early wakeup call it was great to see some folks from Hospira out at Medinah!
Funny watching Sean trying to get Zac's autograph yesterday, for a grandson's christmas one day. Go Hawkeyes! He had a blast at the courtesy pavillion today. Pete and Jimmy looked relaxed. Must have been that Grey Goose. Saw some of the guys from the Winston firm talking to Baxter? Heard they had problems too. I didn't see Chris...we worked through our differences...too bad.
Saw some regular Hospira folks too, try to encourage them about the potential payoff- could be greater that what happened in 2008-9. Hang in there sales team! j
Click to expand...

Seems that Hospira has recieved another 483. The Austin plant failed to investigate particulate in a timely manner.
 






Anonymous said:
OP here, let me try to address some of your points. On the face of things your points appear to be valid but only from your "horse blinders" perspective. Let me elaborate for you and we can start to remove your blinders fella:

1. The "deliberate and elaborate" plans were just that, your are correct. Or in other (my) words, precise cost cutting plans because upper management needed to create a pathway for the investment overseas to sustain itself.

2. Stock price is about supply and demand from buyers. The invest community believed in the quarter to quarter performance, buyers bought, price went up....

3. Vendetta is something you say, probably believe, but without merit. Something that both courts upheld. You need to get over that. Just helping you fella.

4. The "millions" are a part of our capitalistic structure, "our way", so to speak. Look at it from a the perspective of a hospital janitor and how they think of a Hospira Salesman when they see them at work. "Our capitalistic way", affords the janitor every opportunity to become more than she is...if she wants. Is it fair to the Hospira saleman that the janitor is jealous and feels neglected like you do now?

5. As I cashed out my stock options over the year at Abbott and Hospira, it was based on strict advise from my accountant to make sure all of my eggs were not in one basket. The Hospira options were especially fruitful. Again, the Hospira managment team needs to be congratulated on a fine job from 2004!

6. I am not living in a bubble but in a comfortable home here in Lake Forest. Everyday I drive by HQ, I can't help but take a deep breath of "success". That's a very satisfying feeling that you may experience. Dream about it, you can make it happen like I did!

7. You may need to seek some counseling to deal with the resentment that eminates from your dialogue. I always found it to be helpful! Your insurance plan probably will help in covering part of its cost!

8. Hospira has been a great story....I am looking forward to reading many more great things happening as time passes by. Thanks.
Click to expand...

9. I'am so full of shit, and have not had an income in 3 years

10. I post my life away on this board

11. Please take me back Hospira
 






Just the fact this "so-called" executive took the time to write and give "atta boys" to his golf buddies, while most of sales goes another year of not much more than their base salaries (sales. . . .. work for commissions, right?), shows what an asshole he is and what an asshole all his cronies are. Why take the time to pump the smoke? still feel guilty about how you bled the company to pump up the stock price so all you fuckers in the know could retire? Sounds like an arrogant prick to me. I wouldnt waste time with further comments. Hope you shot the worst round in your life you dry humper!
 
























Op here, well, I tried to post a positive note and look what that turned into.

This will be my last try on this, (don't expect much from this crowd).
I remember be with the "sales team" over the years, there were some real good managers every now and then...sporadically. I remember being in Las Vegas with the grunts and my impression was they didn't work that hard, but they did gripe with the best of them. For some reason the leadership team could not convey to the minnows that most of their "sales" were laid in their laps via national contracts, like VHA, HPG, and the rest. Even the Cathlolic contract was a gimmie. I didn't quite see the requirement for hard work once these deals were signed. Now, the pump deals were different..but most of those MMS folks were like wrestling midgets. They seem to take credit for the work of others. Make alot of noise, throwing things on the mat, pinching their opponents till you heard "uncle". Was I that far off base? Thats why we went to Boston for the consultant work. That will work out for everyone in the long run! I won't read the responses here...I will see all of the alumni at Augusta in April!
 






Anonymous said:
Op here, well, I tried to post a positive note and look what that turned into.

This will be my last try on this, (don't expect much from this crowd).
I remember be with the "sales team" over the years, there were some real good managers every now and then...sporadically. I remember being in Las Vegas with the grunts and my impression was they didn't work that hard, but they did gripe with the best of them. For some reason the leadership team could not convey to the minnows that most of their "sales" were laid in their laps via national contracts, like VHA, HPG, and the rest. Even the Cathlolic contract was a gimmie. I didn't quite see the requirement for hard work once these deals were signed. Now, the pump deals were different..but most of those MMS folks were like wrestling midgets. They seem to take credit for the work of others. Make alot of noise, throwing things on the mat, pinching their opponents till you heard "uncle". Was I that far off base? Thats why we went to Boston for the consultant work. That will work out for everyone in the long run! I won't read the responses here...I will see all of the alumni at Augusta in April!
Click to expand...

It would be better for you not to try and see the working persons side of business. With your sentiments from the above post makes it more than painfully aware that you and your commrads live in a "IVORY TOWER" and can't see what the GRUNTS have to put up with. All jobs have their own difficulty, but the ones that are in the "IVORY TOWER" place more blame and pain on the ones that do the actual work for the company. This company should be leaders in the way they treat the hard working people, no just followers because other companies have poor attitudes towards their employees. And if mgmt.thinks that i am a midget I would like to meet them face to face and discuss their lack of political correctness and see if they know how to say "uncle"
 






Anonymous said:
It would be better for you not to try and see the working persons side of business. With your sentiments from the above post makes it more than painfully aware that you and your commrads live in a "IVORY TOWER" and can't see what the GRUNTS have to put up with. All jobs have their own difficulty, but the ones that are in the "IVORY TOWER" place more blame and pain on the ones that do the actual work for the company. This company should be leaders in the way they treat the hard working people, no just followers because other companies have poor attitudes towards their employees. And if mgmt.thinks that i am a midget I would like to meet them face to face and discuss their lack of political correctness and see if they know how to say "uncle"
Click to expand...

Of course you won't read the responses because you cannot deal with the truth. Try waking up every day to have pharmacies calling you sometimes as early as six in the morning trying to find drugs they desperately need. Yes, we get contracts but the usually are not single source and we have had backorders for years so we take the heat. I personally worked very hard on my pump deals (with success) until that side of the business was taken away from us. Some of us have large territories with extensive travel away from our families.
 






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