- Taylor Wharton International23.Nov 2015
Culture of "we always did it that way and that's why we will continue doing so"
Support from management
Since 2009 the company has been run by very inexperienced, young, pedigreed, silver spoon money managers with rich fathers form Chicago in charge of private equity. They know little or nothing about the IG industry and they have appointed operational leaders who are equally poor at running a manufacturing facility. Extremely bad decision making and inability to change has resulted in their final bankruptcy. They have been through about 6 presidents in the last 6 years. The private equity people that are responsible are clueless. The EU operation is outstanding. A shame they are even part of the USA operations. The EU team are crackerjack business people, shrewd, strategic,cunning, and extremely disciplined at all levels, right down to the floor worker. Complete opposite of the US work force. Unfortunate that they are being managed by loser US managers.