Q1 must have been bad! The new CEO, Andy, is only known for "fiscal management." This means more volitility in the workplace; layoffs, shifting of resources, realignment of territories, etc. He does not specialize in divestiture, acquisition or IPO. Prepare for a bumpy ride until Acelity is profitable again. With competitive bidding still in place, the outlook is bleak from an employee perspective.
You need to look at his bio on LinkedIn. Looks like he stays at each company 2 years after he beefs up profits and moves on after a sale. Probably some stream lining which is normal. Doubt it will be bumpy for reps. More in corporate than anything. Don't know, could be good or bad.
Astute to say "look at bio history" although the last line sounds like this is an inside spin from a sales leader. Calling out "reps" to be ok? Rather specific? Probably an attempt to keep the sales team at ease. This will be sold to another private equity within 18 months.
Just simply saying his linked in bio is "every 18 months" he is gone. You are correct. Something will happen soon.
All of these Corp Pariahs are the same. Extrude everything, including jobs, to ravage an Organization; with only goal in mind is to leave with Golden Parachute. As a candidate once said, and this is referring to Corp America, the system is rigged.
