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Regions Financial Corporation Message Board

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  • i_need_an_orthodontist i_need_an_orthodontist Jun 5, 2008 12:26 AM Flag

    Wachovia's Ken Thompson, CEO

    tenncpa--

    Any CEO who destroys share value, especially one who destroys more than ten years of share value, deserves to be fired.

    Ortho

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    • Dowd's a little different though. His failure is in his inability to be a leader. He and the people he put in charge have created an environment of fear and pride.

      He did not agree to a bad merger, he destroyed a good company.

      Remember, this new company is not regions. It is AmSouth. And by AmSouth standards, this company is doing well...even if it wasn't, no one would admit it. It's cultural.

      Didn't he replace most of the legacy RF board members? Not likely his buddies will boot him.

 
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