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I personally feel like David Cush (Former Virgin America CEO) should be the guy at the top of their list - he was previously on the shortlist in the COO search
by zbruhnke 9y ago
I personally feel like David Cush (Former Virgin America CEO) should be the guy at the top of their list - he was previously on the shortlist in the COO search and if there is one person who understands building a transportation brand that people love its him.
Customers raved about Virgin America (and still do) even though they were largely a no frills airline - it shares a lot of similarities with Uber
- Terretta 9y agoStrongly agree. I once lost a quarter billion in company value by bringing in a big brand name corporate CEO to satisfy VCs instead of continuing to make do with nothing but still-emerging domain experience and a passion for learning and evolving the customer experience. In this kind of business, if the CEO isn’t relentlessly and ruthlessly proxying the customer needs, it will probably have a bad time.
- phreeza 9y agoOnly on HN can a mere mortal like me read an offhand comment by a fellow commenter, claiming to have lost a quarter billion dollars (and believe it to be true).
- dforrestwilson 9y agoYeah contrast that with Immelt who oversaw a 50% decline in GE's market cap since taking the helm in 2000. Drastically under-performing the S&P 500 over the same time period. I can understand the board's desire to put an elder-statesman style CEO in place to reign the "kids" in, but just because he went to Harvard doesn't make him an effective CEO.