The only justification I can see for this choice is to put someone in who is a brand within themself to position company for sale.
Cerner did have a lot of inside talent but Departing CEO did great job in dis-incentivizing them and most have left.
Was bit surprised current President at Cerner didn’t get the nod. He may be next one out the door.
At this point, company appears rudderless.
Jackie - 3 years ago
Regardless of his experience, the compensation package is obscene.
End Gamer - 3 years ago
This is not what Cerner needs at the moment. They are getting their a** handed to them by Epic. They need an experienced very senior exec that can rally the troops, motivate clients and defend Cerner's turf. Instead they pay $35m for someone that has never run a large publicly traded company and doesn't have a track record that indicates that he has the Right Stuff. I hope that I'm wrong....but I am prepared to be disappointed yet again.
BTW, the entire board should hang their heads in shame...and resign.
Patrice Wolfe - 3 years ago
I answered Neutral because I see some pros (direct customer experience, thoughtful, big picture guy) and some cons (to your point, no experience running a for-profit, publicly traded company, limited technology leadership experience). You are so right about the board’s role in this
Barbara Katzenberg - 3 years ago
The association with Geisinger impressed me. They were IT pioneers with a strong analytic focus decades ago.
Ken - 3 years ago
He knows healthcare well and respected by the industry. much better option.
The only justification I can see for this choice is to put someone in who is a brand within themself to position company for sale.
Cerner did have a lot of inside talent but Departing CEO did great job in dis-incentivizing them and most have left.
Was bit surprised current President at Cerner didn’t get the nod. He may be next one out the door.
At this point, company appears rudderless.
Regardless of his experience, the compensation package is obscene.
This is not what Cerner needs at the moment. They are getting their a** handed to them by Epic. They need an experienced very senior exec that can rally the troops, motivate clients and defend Cerner's turf. Instead they pay $35m for someone that has never run a large publicly traded company and doesn't have a track record that indicates that he has the Right Stuff. I hope that I'm wrong....but I am prepared to be disappointed yet again.
BTW, the entire board should hang their heads in shame...and resign.
I answered Neutral because I see some pros (direct customer experience, thoughtful, big picture guy) and some cons (to your point, no experience running a for-profit, publicly traded company, limited technology leadership experience). You are so right about the board’s role in this
The association with Geisinger impressed me. They were IT pioneers with a strong analytic focus decades ago.
He knows healthcare well and respected by the industry. much better option.