The Elanco Exodus

Since the announcement, the departures from Elanco are often and widespread. This place is sinking like the titanic and people are abandoning ship on the daily. When the company makes ZERO incentive(none) for you to hang on to this sinking ship, people are walking away from this place without thinking twice. So now everyone is forced to “help out the company”. Not backfilling rep territories, RCV roles, and corporate accounts has people checking out indeed daily. I even heard a DM is looking to join Chuckie B at his new company. Our leadership, mainly Simmons, needs to take a long look in the mirror and think of a way to stop the “Elanco Exodus” as everyone is calling it. People are exiting for companies like zoetis, Merck, and BI and all Elanco DM’s are left to do is stand there with their hands in their pockets and say “I don’t blame you”. Hell, I heard a couple people actually went to distribution to get away from this place. One left for IDEXX?!?! That tells you everything that you need to know. The Elanco Exodus will continue this week and you can’t fault anyone except leadership once again for not coming up with a plan to stop it.

Who will leave this week? Another corporate account rep? Another Key account manager? Another person in marketing? Another territory manager? Somone in channel? The DM? Only time will tell. Stay tuned.

 

Wrong. Nobody going anywhere. Way to stir the pot. We will spin off into our own company. That’s a good thing. Nice try.

 

Sarcasm at it's finest.

 

Not sure if serious, but if we do spin off similar to what zoetis did, that means job cuts by 10-15%(similar to what zoetis did) or 30-40 reps. I hope you’re prepared to interview against your teammates in your current district.

 

spinoff!? Do you guys honestly think a spin-off is a real option!!!?? LOL!! Have you seen your P&L the last two years? Your large animal business is toast with the biggest gut punch around the corner with a generic rumensin. Please tell me how any investment bank is going to invest in a company with the P&L you’ve had the last years and knowing what it will look like over the next 5??????? Those who could leave are gone, some are getting stay bonuses so they have to stick around, there is a group of overpaid sales people that are just hanging on as long as they can, and there is all kinds of dead weight that have lived their lives sucking up to a bunch of incompetent, poor leaders.

 

Who has the money to buy us? No one currently in Animal Healthy Spin off guaranteed. You heard it here first.

 

I’m curious, just what do you think Elanco is worth?

 

Normal acquisition would be around 3x the annual revenue, so 9B. The Novartis acquisition was way out normalcy range at 5x. Given slumping sales, the recent need to downsize personnel, poor outlooks, lost market share and generic pressure, maybe, maybe 2x.

 

zoetis and Merck both got Elanco reps recently. The Exodus continues.

 

more like the Elanco Erosion. What was once a great company is now a straight up dumpster fire because of poor leadership.

 

with as much loading you guys are doing this quarter I hope you make the decision to do an IPO. As soon as you go public I will Short the crap out of this stock and, once again, make money from this company’s incompetent leadership. Have never seen such desperation in the marketplace.

 

Didnt the augusta plant layoff a group last week.

 

I heard a bunch left from augusta plant on the 30. Also heard possibly of maybe a new product.

 

Most of the "new" products lately are just relabels of things we bought from someone else. Originality is dead here. The exodus other casualty

 

Hugh loss Joey Stallone exits to sell placentas!!!

 

Products aren’t the only things we buy and relable. Look at our new senior VP’s resume. One of her main jobs at Cargill should sound familiar; she was responsible for sales and acquisitions. Before Cargill she spent 13 years at McKinsey & Company where she was a principal specializing in mergers and acquisitions. She was hired by Cargill for her extensive experience in mergers and acquisitions and now Elanco has hired her for the same reason.

 

I like Joey and all, but I think it’s fitting to say that’s its not as big as a loss as he thinks he is.

 

What will all the schmucks do once the company is sold, due to their incompetent skills, and the acquirer sees their stupidity and kicks them out? Their careers are done in animal health, which is a benefit to the industry. Poor Jeffy and ramiro will have some money but will always know in their mind that they drove a company into oblivion.