Carol Tome needs to be fired along with her mgmt team. UPS price keeps on tumbling lower and lower. Since Tome took over the share price is down approximately $70 per share! This is not leadership. She is killing employees retirement future’s that have bought shares in the company’s stock purchase program. She has eliminated onsite Human Resources at most work sites making it very difficult to rectify employee issues with their pay or insurance. Is she going to ruin UPS like she did as CEO of Home Depot? The word on the street after she left for UPS was Home Depot employees jumped for joy! Employee morale during her tenure at Home Depot was at an all time low. Look at how well HomeDepot’s share price has done since her departure. She has hurt UPS investors and their employees. Look how many billions of dollars she caused UPS to lose when UPS purchased that empty trailer scheduling company during covid. She then turned around and sold the company after covid ended for a milti-billion dollar loss! Why is she still employed at UPS?
You are incorrect in your statements about Tome's time at HD. HD stock went from $11.08 to $186.09 during her time at HD. From 2001 (when she became CFO) to 2019 (retired) it went from $117.67 to $186.09. During her time at the company, HD grew from 400 stores to 2,200 with revenue of nearly $100 billion. Its share price over her tenure increased more than 450%. Can't find anything online that discusses bad employee morale or even a bad article about her time at HD. "Word on the street" is as valuable as "anonymous sources".
She obviously hasn't had that impact on UPS stock price. All the big gains of UPS stock in the past were all due to a COVID bump.
UPS purchased Coyote Logisitics in 2015, well before COVID. It is true, however, that it was sold under Carol's rule for less then UPS paid for it. It was not a "multi-billion dollar loss" based on what the reported purchase/sold price was. Also, if Coyote wasn't making enough money for UPS, why shouldn't they have sold them? What value were they bringing to UPS?
. he does.
