"Search is forever."

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 25 July 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Weber's CEO gets the boot from the board of directors. (0:22) Jason Moser discusses: - Why more company CEOs are on the hot seat - Expectations heading into a big week for Big Tech earnings - Why the idea that "search is forever" should give Alphabet shareholders comfort (12:57) Ricky Mulvey talks with Jennifer Moss, author of "The Burnout Epidemic" about one tech company that's nailing the hybrid transition. Stocks mentioned: WEBR, AAPL, GOOG, GOOGL, AMZN, META, OKTA, HPQ Host: Chris Hill Guests: Jason Moser, Jennifer Moss Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Another CEO is out and we've got a preview of Big Tech earnings.
0:09.2	Motley Full Money starts now.
0:12.9	I'm Chris Hill and I'm joined by Motley Full's senior in Los Jason Moser.
0:25.0	Joining me here in studio by the way.
0:26.5	Good to see you.
0:27.5	Always nice to be in studio.
0:30.4	You can add Chris Scherzinger to the list of CEOs heading for the exits.
0:37.3	Scherzinger has been the CEO of Weber Grill for the past four years.
0:41.3	He is out chief technology officer Alan Matulla.
0:46.3	It's going to be the interim CEO at Weber Grill.
0:49.8	And you never like to see anyone lose their job but my first stop when this news broke
0:56.1	Jason was, oh, this is one of those things we talked about earlier this year.
1:01.3	Expect to see more boards of directors keeping a shorter leash on their management teams.
1:09.6	And in the case of Scherzinger, you look at the stock performance of Weber Grill.
1:15.2	I'm not putting it all on him.
1:16.6	It sounds like they're not either.
1:18.4	But a change had to be made here.
1:21.2	Yeah.
1:22.2	I mean, it, you know, it, it, it, it, it happens, right?
1:24.6	I mean, at least it's not Trigger.
1:26.5	And I say this is a very happy Trigger Grill owner, right?
1:30.3	I have the Trigger smoke or I don't own Trigger stock.
	...

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