CEO Snoopy
CEO Snoopy
Our day jobs are what they are. We all have them. We all make the best of them. (Well, most of us do.)
Over the last few months, it's been widely known inside the mortgage company I work for that we were going to be sold off some time later this year.
When I first found out, I simply could not believe it. I just came from riding out a divestiture with Verizon for over 10 months. Now, after only being with this new company for a few months, I'm right back into the same situation again?! I remember the meeting where we were first told of the news ... it was like they handed me a card that read, "Welcome, Jerry, to the business world of the 21st century. Don't let the door hit you on the way out!"
To give you a little back-story, I worked for Verizon for over 4 years. Just 3 years in, my business unit within Verizon was spun-off into to a new separate company, Idearc Media. (I know. What kind of stupid name is that anyway, right?) Anyway, after the divestiture was complete, I could see the direction this new company was sailing towards -- and it didn't look good. Not only did I see the writing on the wall, the wall was so covered in writing I could not see the wall. So naturally I decided it was a good time to it pack up. That, and my boss was a total prick.
To better understand what I mean by writing on the wall, please see: 1-Year Stock History for Idearc Media.
About a month ago, the big news was officially announced. The mysterious company revealed. The company I work for, First Horizon Home Loans, is to be bought by ... drum-roll please ... MetLife. (As if you didn't already know with my Snoopy title!) And thankfully I've already been given an offer letter. Whew! Sigh of relief. Thanks, Snoopy.
At a recent meeting, my director summed it up. "At least now at cocktail parties, when someone asks who you work for, you won't have to explain who the hell First Horizon is."
Wednesday, 7/2/08