This isn't personal. I don't even know the man. I know he has had an excellent career as a bean counter for Mel Karmazin, but something needs to be said.
I am tired of reading news accounts of the implosion at Citadel without anyone standing up and saying what's on everyone's mind.
Citadel CEO Farid Suleman must be fired.
He has earned the right to get a pink slip for many, many reasons. Among them:
1. Presiding over a company that is virtually worthless to its shareholders. Over $10 a share a year or so ago and $1.10 a share when it closed Friday. I mention shareholder value first since it is the Holy&hellip
Recent Posts
- Trouble Signs for Election Cycle Ad Spends
- The Cumulus Bankruptcy Date is Now Known
- Is Warren Buffett Right About SiriusXM
- The Bad Blood Between iHeart & Audacy
- Urban One’s Fatal Mistake
- What Follows the Dying Media Business
- The Pending Cuts Coming for Late 2024-25
- Is iHeart Behind Audacy’s Bankruptcy Delay?
- Music’s Mental Health Crisis
- The SEC Snags Cumulus for Being Dishonest