RE: 12 weeks now ITV cannot escape its 2009 low trendline11 Jan 2024 19:35
Everything has changed with that Times arcticle which listed her as one of the CEOs most likely to go in 2024.
Before that she could dismiss the murmurings on the internet, amongst staff and the odd question at the AGM from some TOM idiot via online submission.
Now it is real. Serious journalism. Serious piece. Must be a consensus of opinion. Her colleagues, friends, family and all of the business world will have seen her named.
She was already an injured animal running from the pack. The last 2 days with a 4% loss are yet even further blows to her reputation. How much further will the SP fall will be on everyones lips. Better to act now than let this go back into the 50s?
I now have sympathy for her. We all misjudge our limits. I have taken roles which were beyond my ability. The one time I sat down with my manager after 2 weeks and agreed to leave by mutual consent. I hated that I was out of my depth and not productive. I turned down a role at Airbus in Toulouse this year jsut because the risk of failure was too great and it meant living down their during the week with only occassional trips back to London.
So I hope things work out for Carolyn but sadly the writing was on the wall when the Times called time on her reign and the last two days have only confirmed they were right to do so.
End it and walk away.