The captain of the Haylard Ship (2016 Titanic)

You fools keep "whistling by the grave yard", the stock is worth only 50% of it's value a year ago. You sit and ask why? Poor management, stale products, backorders, loss of GPO contracts, no vision for the future and you ask why? Look in the mirror and see what the chumps says back to you, "update your resume". The only people who will walk away with any coins, are the usual suspects, Billy Bob Abernathy, Chris Lowery and KC who invested heavily in the initial stock. Wake up folks, don't blame anyone else except the person in the mirror.

 

what a shady company you guys are. Just watched 60 minutes and they highlighted that shitty surgical suit you clowns make. Your coo couldn't have done a worse job during his interview. You should all be ashamed to have your name attached to a product like that.

 

That coo was Chris Lowery. OMG, he was a disaster!!!! In fact, I don't think I saw a better example of the cowardice and lack of integrity he has as a leader..... This guy is an utter joke and people there sound so afraid of management .....
He should get fired tomorrow .....It really is so typical of so many of the " managers" at KC or as I refer to them as expense account approvers. The whole place is full of incompentance .... If I was a doctor and was harmed, I'd sue the crap out them now more than ever!

 

Yes, Lowery looked horrible in the 60 Minutes interview tonite. He submitted faulty data to Anderson for review (where Halyard tried to hide the fact that six gowns couldn't even be tested because they were in such bad shape upon arriving at the testing facility) and he claimed ignorance of the document that highlighted how the gowns failed safety testing for over a year. What is worse....not knowing the document existed or knowing about the document and then not doing anything about the situation? His faulty logic of "very few people complained about our gowns....they must be safe" is mind boggling. A company is required to produce safe products regardless if customers complain or not.

 

He's the John Boehner of HYH. He wanted the pay, prestige and perks of the position and just one last payday without making waves or doing too much work. The rewards for a stable - and stagnant - business far outweighed the risk and effort entailed in trying to grow it, so it was more or less kick back and ride the current of low single-digit growth.

I don't believe there was malicious neglect to drive revenues, e.g. JNJ with metal-on-metal hips, but rather simply a want to minimize the bumps in the road until retirement. The feeble efforts at growth seem to center on buying share in existing market spaces (enteral feeding) but even those are a last resort to keep the gravy train chugging along without changing course.

This company was in over its head from day one and now these last flailing efforts will only hasten its engulfment in private equity quicksand within 2-3 years.

 

It's a win-win situation for Lowery. The board will either let him keep his job or offer him a golden parachute worth millions to step-down. It's nice work if you can get it.

 

Between Lowery and Abernathy I don't know which one is more clueless about this entire situation. I'm just dumbfounded that a COO would go on 60 Minutes and claim ignorance of important internal documents. Is it worse that he supposedly didn't know about them or that he lied about not know about them? Either way he showed horrible leadership/integrity. What will the board do now?

 

COO may seem like a dope on camera, but he's being fed his lines by his legal team which include Ross Mansbach and his superior, John Wesley.