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TD Ameritrade opened its headquarters at Interstate 680 and West Dodge Road in 2013. Employees there met with company officials Monday after the sale to Schwab was announced. Workers learned little in the meeting, which one 20-year employee called somber. “It is part of the American corporate culture,” that employee said. “We basically eat our young.”
Columnist Erin Grace has covered a variety of beats since she started at The World-Herald in 1998 — from education to City Hall and from the city's western suburbs to its inner-city neighborhoods. Follow her on Twitter @ErinGraceOWH. Phone: 402-444-1136.
When Joe Moglia was brought on as CEO all those years ago (after a year in which the Ricketts-run company lost in excess of $100M), he told all of us in an all-associate meeting that he would base his decisions on what is best for the three main stakeholder groups in the company. These groups were shareholders, customers and employees. If a decision did not make sense for all three, it would not happen. That ideal took a company ready to be gobbled up by larger, more profitable rivals and turned it into an industry leader, a wildly profitable and successful organization. I wonder what happened to that ideal. This decision, as near as I can see, benefits only shareholders. Employees were not part of the equation in this decision, and that is so sad, especially for someone like myself who built a successful career on the fantastic experiences I had at Ameritrade. You will be missed, old friend, and I wish only the best to my friends and all who still work there.
The Ricketts family are MAJOR shareholders within TDAmeritrade. If our Governor was really looking out for the state which he leads this would have been stopped. What say you Gov.?
I would point out that ConAgra left under Rickett's stewardship as well. With this sale it begs the question, "Did the Governor's personal fortune get an advantage over what was best for the State he governs?" How hard did Ricketts work to save this business for Nebraska and the loyal employees?
The Rickets don't care about Nebraska anymore. Look at Joe. He moved to Montana so he didn't have to pay Nebraska's taxes. He even brags about it. You would think after making mega-millions in Nebraska there would be some loyalty. Today's greed is no match for loyalty and lining the major shareholders pockets will always win over loyalty to those who helped build you....at least with people like the Rickets. This is a big blow to our State. Just like Cabella's , Con Agra and Union Pacific. It has been a bad few years.
Please keep it clean, turn off CAPS LOCK and don't threaten
anyone. Be truthful, nice and proactive. And share with us - we
love to hear eyewitness accounts.
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When Joe Moglia was brought on as CEO all those years ago (after a year in which the Ricketts-run company lost in excess of $100M), he told all of us in an all-associate meeting that he would base his decisions on what is best for the three main stakeholder groups in the company. These groups were shareholders, customers and employees. If a decision did not make sense for all three, it would not happen. That ideal took a company ready to be gobbled up by larger, more profitable rivals and turned it into an industry leader, a wildly profitable and successful organization. I wonder what happened to that ideal. This decision, as near as I can see, benefits only shareholders. Employees were not part of the equation in this decision, and that is so sad, especially for someone like myself who built a successful career on the fantastic experiences I had at Ameritrade. You will be missed, old friend, and I wish only the best to my friends and all who still work there.
The Ricketts family are MAJOR shareholders within TDAmeritrade. If our Governor was really looking out for the state which he leads this would have been stopped. What say you Gov.?
I would point out that ConAgra left under Rickett's stewardship as well. With this sale it begs the question, "Did the Governor's personal fortune get an advantage over what was best for the State he governs?" How hard did Ricketts work to save this business for Nebraska and the loyal employees?
The Rickets don't care about Nebraska anymore. Look at Joe. He moved to Montana so he didn't have to pay Nebraska's taxes. He even brags about it. You would think after making mega-millions in Nebraska there would be some loyalty. Today's greed is no match for loyalty and lining the major shareholders pockets will always win over loyalty to those who helped build you....at least with people like the Rickets. This is a big blow to our State. Just like Cabella's , Con Agra and Union Pacific. It has been a bad few years.
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Please keep it clean, turn off CAPS LOCK and don't threaten anyone. Be truthful, nice and proactive. And share with us - we love to hear eyewitness accounts.