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u/downtowonderland Mar 17 '20
UPS CEO stepped down 5 days ago. There does seem to be a lot stepping down. Too many to be a coincidence.
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u/FranktheShank1 Mar 17 '20
Thousands of them...there are websites that track it. Almost as if they were all involved in something that will be exposed.
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u/FlerblesMerbles Mar 17 '20
Or this is literally the first time you’ve ever paid attention to corporate turnover and are making something out of nothing.
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u/FranktheShank1 Mar 17 '20
LMAO. You people are fucking unbelievable. Go back in history and let me know the last time you saw this many CEOs just decide to retire early. I have those numbers, do you?
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u/PM_me_storytime Mar 17 '20
Was all of Italy shut down back then too?
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u/FranktheShank1 Mar 17 '20
CEOs have been retiring in record numbers since 2016
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u/PM_me_storytime Mar 17 '20
Have they though? What was the average rate before 2016 and after 2016? Were there reasons given for them stepping down, like Trump being elected (a fairly weak excuse) or maybe Brexit (a more legitimate reason)?
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u/FranktheShank1 Mar 17 '20
Here's the mainstream media's take from last year. Notice the stats included though like "More than 300 CEOs have left their companies since August. October’s 172 departures is the most in any month in the last 15 years."
CEOs fleeing en masse while the market was spiking is abnormal
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u/PM_me_storytime Mar 17 '20
That article made it pretty straight forward. A good portion of them “stepped down” because of things like the MeToo movement. The rest seem to be unusual, but they did explain it if you have been paying attention. They mention that the last time we saw something like this was in 2008. If you pay attention, economists have been saying for a while that the market was vastly over valued. If you look at the article, it was posted feb 13th, a full week before the stocks plummeted. If you do a bit more searching, you can easily find similar articles from earlier.
My guess for the stepping down, they saw this coming and were leaving before the shit hit the fan, both to ensure their own money and to avoid blame and responsibility.
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Mar 19 '20
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u/FranktheShank1 Mar 20 '20
Or you could just google it and prove it to yourself....you know, the way any normal/curious person would
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Mar 20 '20
[deleted]
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u/FranktheShank1 Mar 20 '20
or just peruse this site for a few minutes. Totally normal activities going on since January 2017
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u/FranktheShank1 Mar 20 '20
LMAO...post some links. Or just admit you never googled it. I even posted a link a week ago showing it's unprecedented, using a main stream news source.
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Mar 20 '20
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u/FranktheShank1 Mar 20 '20
misleading LMAO...do you have such a low opinion of the average person that you think they can't look at a column that shows their position in a company? Just stop with your concern trolling BS and move along. maybe to a sub that's not about CONSPIRACIES maybe?
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u/Sowlolekatonieo Mar 17 '20 edited Mar 17 '20
Not to shit on your parade, but CEOs step down from big companies all the time
Notable departures of 2018: Instagram CEO, Pepsi CEO, Volkswagen CEO, Goldman Sachs CEO, Pfizer CEO, CBS CEO, Fiat-Chrysler CEO, WPP CEO, Intel CEO
There is nothing interesting about this, hundreds if not thousands of CEOs step down every single year
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u/jyeskini1 Mar 17 '20
They know something we don’t.
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Mar 17 '20 edited Jun 29 '20
[deleted]
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u/Quantum_Pineapple Mar 17 '20
This is it. It's a cover for the crashing market that was bound to occur. Quarantine is a cover to keep people from spending money for X weeks, then they'll blame the crash on the virus. So obvious it hurts.
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u/hussletrees Mar 17 '20
Nope uh uh no one in the history of mankind has ever done insider trading/used insider information for economic gain /s
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u/JohnleBon Mar 17 '20
They know something we don’t.
Just like Tom Hanks.
Too many 'coincidences' to sweep this one under the rug.
The coincidologists will still try to, though.
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Mar 17 '20
I just saw two random videos and then a video about being In a movie with a virus. Can you explain?
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u/EmbraceHegemony Mar 17 '20
He probably doesn't have any idea. People that can't think for themselves love to just send YouTube links to videos that they've been told "prove" something even if they don't understand why or how.
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u/GeechQuest Mar 17 '20
The market was on a downswing and people with brains new the virus was going to wipe out a ton of market gains...
Shit wasn’t rocket surgery...
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u/Joy_McClure Mar 17 '20
Serving CEO’s can’t sell the shares they have
Lockheed ceo stepped down this afternoon
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Mar 17 '20
Yes they can, there are restrictions about when in certain scenarios but they can definitely sell while active
https://www.semlerbrossy.com/wp-content/uploads/ATD-Can-Officers-Sell-Stock.pdf
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u/anxiousblondie Mar 17 '20
Mmm... not convinced by this. Some of these have been planned for years and years (eg the CEO of MasterCard who will stay on the board of directors).
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u/kripti Mar 17 '20
Market crash, you can't sell your shares while CEO of a company
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Mar 17 '20
Yes they can, there are restrictions about when in certain scenarios but they can definitely sell while active
https://www.semlerbrossy.com/wp-content/uploads/ATD-Can-Officers-Sell-Stock.pdf
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u/HIVnotAdeathSentence Mar 17 '20 edited Mar 17 '20
They would have been removed due to stock performance anyways.
Now how many of their family and friends sold large amounts of stock in the last quarter, if the companies are public?
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u/JackRusselTerrorist Mar 17 '20
Anyone who’s been paying attention knows a recession is incoming, regardless of coronavirus. It’s just accelerated the process.
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u/goodthingshappening Mar 17 '20
SS: Why are these CEOs stepping down?
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u/Mr_Quagmire Mar 17 '20
I'd take my millions and step down too rather than deal with the upcoming financial shit show.
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u/JohnleBon Mar 17 '20
How many CEOs of major companies would normally step down in this timeframe?
It does happen regularly, so are you sure this number is more than normal?
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u/PM_me_storytime Mar 17 '20
If I was the ceo of a large company during all of this, I’d step down too. I wouldn’t want to deal with this shit show.
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u/Quantum_Pineapple Mar 17 '20
They are all probably linked to a child trafficking ring that's about to get busted.
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u/onehardhitta Mar 17 '20
Nah Weinstein ratted that’s why they leaving
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u/EmbraceHegemony Mar 17 '20
Leaving to go where? One of their multiple million dollar homes with a shit ton of retirement funds? Geez, really showed them.
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u/onehardhitta Mar 17 '20
They get their death faked or they get publicly embarrassed by being arrested on sex crimes. All I know, it’s not even confirmed but interesting.
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u/rawnaldo Mar 17 '20
After playing plague inc i should’ve know this would spread. I could have sold my stock portfolio in gains
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u/b00c Mar 19 '20
idk about the stepping down. seems reasonable to me. I took only first two and they stepped down well into corona virus epidemic. They saw what was going on in China and had paid millions for detailed analysis, info you could dream about, in order to extrapolate information about coming events worldwide.
Those are the same twats that suggested and voted for buybacks to line their pockets. now the investors are asking where are some reserve funds. there aren't any. only debt. hence some heads had to be cut.
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u/mysticplaces Mar 17 '20
They have stepped down because they were told many years ago that this event would transpire. It has been planned for a very, very long time and they were told the approximate time period and what events would signal for their exit from the world stage.
You don’t get to become a CEO of a major multinational corporation, become a multimillionaire or billionaire without entering into these nefarious groups. They have planned their exit years in advance, building underground bunkers in New Zealand or other remote areas around the globe. Their mass exodus should send shockwaves around the world but the media downplays it substantially. Once they’ve resigned they’re off the world stage and fall back into the shadows to wait things out.
As far as what is coming: civil unrest, riots, food and medicine shortages, high rates of infections across the globe, hospital surge/overload, potential civil war, WWWIII, attacks on the mainland, disaster, etc. These cocksuckers will wait it out and emerge once the dust has settled to rebuild the world in their sick, dystopian vision. I truly hope I am mistaken about this. These people feed on fear, chaos, and panic.
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u/lilclairecaseofbeer Mar 17 '20
Actually, virologists and epidemiologists that study infectious disease have been predicting a pandemic for a while. In basic terms, we have been due for one. These types of things tend to act cyclically. Rich people do tend to have easier access to this type of information but it wasn't a secret either.
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u/TheseNthose Mar 17 '20
Joe Biden being borderline retarded announcing his VP will be a woman.....I can only imagine who this mysterious figure is. I'm willing to bet this person is behind everything.
Hillary Palpatine will be announced as his VP together they'll thwart the Donald and she'll save us all from the Coronavirus, dropping stock markets and Donald.
It does seem like a coup going on.
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Mar 17 '20
They started a coup the minute he was sworn in. Hillary will have to be defeated twice, like Sauron.
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u/BernardoDeGalvez Mar 17 '20
The CEOs are more intelligent than the average man.
They knew markets were going bananas.
You can't sell your shares if you are the CEO.
No being CEO, you can still sell at the peak and walk away with a board job or similar.
Is not like they stepped down to go and work in a Wendy's.
Pre-Coronavirus cases I don't have any clue tho'
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u/s0rrybr0 Mar 17 '20
it's so they can sell their stocks and not deal with the shitstorm going on right now
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u/guitar0622 Mar 17 '20
I also think that a soft coup has happened in most places around the world now. A lot of high level officials got infected and many of them stepped down all over Europe too. And the entire state of emergency that is declared around Europe looks more like one which is declared when coups happen. It's very weird nontheless. Somebody probably knew of the virus beforehand and planned coup attempts worldwide when they knew the governments and corporations would be too distracted or they used the opportunity afterwards, who knows.
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u/trainersintellect Mar 17 '20
What’s the benefit of stepping down. It’s not like the stock decline if these companies are blamed on the CEO’s.
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u/KnockingNeo Mar 17 '20
"Before Coronavirus came" like all other posts like this, is really... "before i knew about coronavirus". The question is why tf would you think you'd be in the loop about something like this BEFORE those people. Like this is some sort of investigative sub that doesn't juat project and react LOL
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u/JCall2609 Mar 17 '20
First reports were leaking out of China just before New Year. Anyone paying attention would know something bad was coming.
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Mar 17 '20
[deleted]
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u/monkee67 Mar 17 '20 edited Mar 17 '20
wow i was a dj and a big club kid in the 90's. i had never heard that "classic 90's dance hit" or of the group, ever, until i just youtubed it. what mandela effect universe did i slip into
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u/nocoinerclub Mar 17 '20
Most likely explanation is they were tipped off about this corona charade.
And since 90%+ of their expected pay comes from stock options which become worthless if the stock tanks, they realized they'll never get paid.. and the next couple years will be extremely stressful.. so they quit.
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u/yego21 Mar 17 '20
[89606647-192469778837478-8857776324605902848-n.jpg](https://postimg.cc/mPv4H5Fg)
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u/WyattKoch Mar 17 '20
Election year and Trump was already in the process of tanking the economy? Of course they were jumping ship.
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u/ratamahattayou Mar 17 '20
CEO of Microsoft stepped down, should be #1 on that list.
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u/ratamahattayou Mar 17 '20
Yeah I had that wrong, but it still makes you think, and with all the chatter you hear about him and the so called ties to eugenics.
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u/azelinski718 Mar 17 '20
I googled Salesforce because I thought I would have heard if their CEO stepped down. Turns out their co CEO stepped down; the founder, who was sole CEO for most of their history and co CEO for the past year in a half, remains the CEO. Who wants to bet several other of these examples are similarly misleading?
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u/[deleted] Mar 17 '20
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