Walchirk Owns The Stock Price

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anonymous said:
How long will the board continue to drink the Walchirk cool aide on the lack of performance and the poor stock performance?
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Dental in general is pretty weak market currently under margin pressure, Patterson was supported mostly by animal division. If no dividend we’ll be looking at penny stock.
Maybe they’ll spin off dental?
 












No growth in the stock, no acquisitions, lots of new titles in the executive suite, and general ineptness at the spread across the top of the food chain. Will be interesting to see how long the dental leadership can underperform via the animal side of the business? Very hard to run a relationship business when little of the top leadership even lives in the state or region they lead.
 




I have........an idea.....let's create a.........position.........that is not needed, and it give to.......a person that is not qualified and give them a......huge.........salary......that will fix things.... I promise.......
 




Hey, I have three big ideas. Let’s create a better future by bringing in retreads, castoffs, and non dental people into all of our leadership positions. Let’s create software by hiring almost exclusively from a non dental company and watching good people leave. Let’s become harder to work with.
 












anonymous said:
I have........an idea.....let's create a.........position.........that is not needed, and it give to.......a person that is not qualified and give them a......huge.........salary......that will fix things.... I promise.......
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is the little general making good decisions for dental side? Any “game changing” (one of his favorite lines) things happening?
 








The company stands at $25.x per share today. When Walchirk took over 5 years ago the share price was $35.x per share. He has failed to acquire any complimentary businesses. He retained and promoted an inept duopoly of leadership in the dental business. His unwillingness to work IN the business has had an effect ON the business. Perhaps the chummy nature of the leadership crew is leading to a case of “the emperor has no clothes” for Mr Walchirk. Clearly, the dysfunctional dental crew isn’t helping the situation.
 




anonymous said:
Still too many idiots on the dental side from top down to the GM level at the branches. Rogan should have never been put in charge.
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This has been the patterson way for the last 15-20 years. Since Pete Frechette and Jim Wiltz retired all the management from Scott Kabbes to Paul Guggenheim (joke)
Dave Misiak and lets not forget Scott Anderson. Now Timmy Rogan the little general is in charge of dental. What once was a great company has deteriorated into a joke.
 




anonymous said:
The company stands at $25.x per share today. When Walchirk took over 5 years ago the share price was $35.x per share. He has failed to acquire any complimentary businesses. He retained and promoted an inept duopoly of leadership in the dental business. His unwillingness to work IN the business has had an effect ON the business. Perhaps the chummy nature of the leadership crew is leading to a case of “the emperor has no clothes” for Mr Walchirk. Clearly, the dysfunctional dental crew isn’t helping the situation.
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Well… people first, eh?
Looks like Mark was really living up to the core values. Just another big old lie that the boys at the top are shoveling downhill.
 








anonymous said:
Or it was just an excuse to change President without affecting stock price much.
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Not sure what happened but you don’t issue that press release and not pay the old president a penny as an excuse to change. Mark had potential but failed to deliver on anything big and left with a scarlet letter.

Hopefully, the dental leadership team will get in the game and retain good talent. Amazing to see the parade of experienced people leaving on my LinkedIn feed - dental software, dental sales, gm/region presidents, branch staff, PTC, etc. Very sad to see. I’m sure the 3 people running dental have a great plan to retain talent vs keep churning out competent people.
 




anonymous said:
Not sure what happened but you don’t issue that press release and not pay the old president a penny as an excuse to change. Mark had potential but failed to deliver on anything big and left with a scarlet letter.

Hopefully, the dental leadership team will get in the game and retain good talent. Amazing to see the parade of experienced people leaving on my LinkedIn feed - dental software, dental sales, gm/region presidents, branch staff, PTC, etc. Very sad to see. I’m sure the 3 people running dental have a great plan to retain talent vs keep churning out competent people.
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Aside from Rogan, who are the other 2 people running dental? I've been here for years and honestly don't know.
 








anonymous said:
Aside from Rogan, who are the other 2 people running dental? I've been here for years and honestly don't know.
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He runs all dental. Software and PTC are run by someone else - appears people are running out the door under her leadership. Another person runs all marketing and it appears he keeps everyone in his shadow. Another person runs all dental branches, sales, and special markets - appears we have lost experienced folks across the entire country since he took over.

I wonder why people are leaving?
 




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