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06-22-2007, 12:12 AM
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#1
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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TiVo CFO Resigns
Last edited by HDTiVo : 06-22-2007 at 12:22 AM.
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06-22-2007, 12:28 AM
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#2
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TiVo Forum Special Member
Join Date: Dec 2002
Location: AZ
Posts: 20,607
TC CLUB MEMBER
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Not even a year after he was hired, no less.
"the Company is commencing an executive search for a new chief financial officer."
Well, good luck.
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06-22-2007, 12:36 AM
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#3
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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I am just sitting here stunned. Mouth hanging open. Weak feeling through most of my body. What a shock. Gotta breathe. Remember to breathe.
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06-22-2007, 01:27 AM
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#4
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Registered User
Join Date: Dec 2002
Posts: 1,112
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yeah, maybe he was behind all those price changes..... Let's get back to one price at $6.95 per month for all units. keep it simple.
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06-22-2007, 02:39 AM
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#5
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TiVo Forum Special Member
Join Date: Dec 2002
Location: AZ
Posts: 20,607
TC CLUB MEMBER
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Quote:
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Originally Posted by MediaLivingRoom
yeah, maybe he was behind all those price changes..... Let's get back to one price at $6.95 per month for all units. keep it simple.
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And non-profit?
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06-22-2007, 02:47 AM
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#6
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TiVoholic
Join Date: Sep 2000
Location: Silicon Valley, CA
Posts: 2,953
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"Resignation" has two different meanings. Did he resign, or was he kicked out?
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Addicted to TiVo since 9/16/2000, all lifetime subs
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06-22-2007, 05:57 AM
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#7
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Keeping it real
Join Date: Nov 2003
Location: Burlington, MA
Posts: 7,840
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The position he's heading for sounds like a rather good one, so I suspect this was an offer he couldn't turn down.
__________________
correct, in an irritating sort of way
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06-22-2007, 08:47 AM
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#8
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by MickeS
And non-profit?
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Not for profit. 
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06-22-2007, 08:56 AM
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#9
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by c3
"Resignation" has two different meanings. Did he resign, or was he kicked out?
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Questions like...
Why did he take the job in the first place?
Who would hire him with TiVo on his resume? 
Why the new employer is not disclosed?
Why didn't he leave to spend more time with his family? 
Did he resign because he's been reading my posts? 
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06-22-2007, 08:59 AM
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#10
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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TiVo's 8K dated 6/22/07 states:
Quote:
ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On June 18, 2007, Steven Sordello, the Company’s Chief Financial Officer, tendered his resignation. Mr. Sordello is assisting in the transition of his duties and the effective date of his resignation has not yet been determined.
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(bold added)
The Press Release came out about 9pm ET 6/21. |
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06-22-2007, 09:18 AM
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#11
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adorkable
Join Date: Jan 2004
Posts: 20,018
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Quote:
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Originally Posted by HDTiVo
I am just sitting here stunned. Mouth hanging open. Weak feeling through most of my body. What a shock. Gotta breathe. Remember to breathe.
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you really are making a big deal out of some normal course of events for many companies. The CFO is typically not the strategist but instead involved in doing the most with the cash a company has on hand and responsible for accurate financial reporting.
The guy got an offer he liked better, speaks to the good job he was ding. It is a common courtesy to not announce the other company but let them have their own thunder if they want it.
so have fun with your typical agenda of TiVo is horribly managed and make hay while the sun shines but this is not exactly any supernova for TiVo. Just some more work on management's agenda to get a replacement
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How quickly we think the world owes us something we didn't know existed ten minutes ago.
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06-22-2007, 09:25 AM
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#12
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Looks like the trolls who want to confuse the folks for their own purposes are headed in. How long before the characters from this thread arrive?
Last edited by HDTiVo : 06-22-2007 at 09:37 AM.
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06-22-2007, 09:38 AM
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#13
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adorkable
Join Date: Jan 2004
Posts: 20,018
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Quote:
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Originally Posted by HDTiVo
I am just sitting here stunned. Mouth hanging open. Weak feeling through most of my body. What a shock. Gotta breathe. Remember to breathe.
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so making this reply to your own post starting the thread is not setting up your spin on the news ????????????
You have an agenda and you should just be open about what is obvious to all.
as to the news - all I have seen on it is the Guy got a better offer and took it. With the current pricing policy it probably is a tough job with long hours being the CFO at TiVo
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How quickly we think the world owes us something we didn't know existed ten minutes ago.
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06-22-2007, 09:53 AM
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#14
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by ZeoTiVo
You have an agenda and you should just be open about what is obvious to all.
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Since you are too dim to see it for yourself, I will spell it out for you in the hopes it gets through to you.
What I do here is stimulate critical thinking and debate about what is and might be, and bring information and knowledge from a broad range of sources and put it in context to show a balanced and realistic outlook; often with good natured humor and some witty sarcasm.
On subjects I want to know more about, I research, ask questions and learn.
Why not try that out and see how it feels?
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06-22-2007, 09:57 AM
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#15
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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So can we start hoping Rogers is next?
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06-22-2007, 10:06 AM
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#16
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adorkable
Join Date: Jan 2004
Posts: 20,018
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Quote:
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Originally Posted by HDTiVo
So can we start hoping Rogers is next?
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there that is better. Just put the agenda right out there. This should stimulate some critical thinking and debate, or is this your good natured sarcasm at work. Maybe you are right and I just find your posts too confusing to comprehend
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How quickly we think the world owes us something we didn't know existed ten minutes ago.
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06-22-2007, 10:14 AM
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#17
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by ZeoTiVo
there that is better. Just put the agenda right out there. This should stimulate some critical thinking and debate, or is this your good natured sarcasm at work. Maybe you are right and I just find your posts too confusing to comprehend
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I do write for an informed and sophisticated audience. I wish the others would not get so angry about it.
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06-22-2007, 10:54 AM
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#18
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Funkadelic
Join Date: Apr 2002
Location: Washington, DC
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This may or may not be a big deal... people changes jobs for all kinds of reasons. Without overhearing what Steve says to his close friends and family, there's no way of knowing his motivation. It's not uncommon to not name the company someone moves to - why would TiVo put that in their release? I assume it's public and can be or will be found. Who knows, maybe he's joined Ramsay. Hm, guess my interview request is off the table.
Did any of the documentation indicate the timing of when he would leave?
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06-22-2007, 11:01 AM
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#19
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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The quote from the 8K I referenced in post #10 speaks to the timing.
The circumstances of this news are more correlated with the negative than the positive. So when you are parsing the probabilities for the future you take that into account. I did not get the feeling Sordello was a bad executive who was contributing to TiVo's problems, and I don't get the feeling that his move to a 'well known late stage' company indicates there is something wrong with him.
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06-22-2007, 11:34 AM
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#20
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TiVoholic
Join Date: Sep 2000
Location: Silicon Valley, CA
Posts: 2,953
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Well, Wall Street seems to like this news.
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06-22-2007, 11:42 AM
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#21
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by c3
Well, Wall Street seems to like this news.
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Now you bring up the core of it. The people who dislike, impugn and defame me are talking their own book. Many have little understanding of the subject matter, but comment anyway.
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06-22-2007, 12:03 PM
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#22
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by http://www.multichannel.com/article/CA6454602.html
Before joining TiVo in August 2006, Sordello was CFO at search engine Ask Jeeves, now part of Barry Diller’s InterActiveCorp.
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Could Diller have snagged Sordello for Veoh?
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06-22-2007, 12:11 PM
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#23
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adorkable
Join Date: Jan 2004
Posts: 20,018
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Quote:
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Originally Posted by HDTiVo
Questions like...
Why did he take the job in the first place?
Who would hire him with TiVo on his resume?
Why the new employer is not disclosed?
Why didn't he leave to spend more time with his family?
Did he resign because he's been reading my posts? |
so again what kind of spin were you going for with this solid, full of information post. You can not sell me on your grand intentions to provide useful info when you keep on with stuff like this.
So provide solid info. Post something that informs instead of vaguely insinuates and perhaps you will get less comments on your agenda.
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How quickly we think the world owes us something we didn't know existed ten minutes ago.
Last edited by ZeoTiVo : 06-22-2007 at 12:21 PM.
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06-22-2007, 12:17 PM
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#24
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O2->CO2 Converter
Join Date: Sep 2005
Location: KFME
Posts: 2,624
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Quote:
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Originally Posted by HDTiVo
Now you bring up the core of it. The people who dislike, impugn and defame me are talking their own book. Many have little understanding of the subject matter, but comment anyway.
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Could you clarify that a little bit so us "uninformed and unsophisticated" trolls with an agenda (as opposed to you, trying to spawn a "fair and balanced" intelectual debate with well thought out posts like "So can we start hoping Rogers is next?") know what the heck you're talking about?
I'm glad to see that anyone that doesn't agree with your position is dead wrong, yet you continue with thinly veiled personal attacks and make no effort of offer any evidence or basis for your claims that Tivo, Inc is run poorly.
I'm still waiting for you to take me up on my offer to show me where I'm wrong and your basis for thinking that Tivo is so poorly run from the other thread you linked to.
But, I guess I'm just too dumb to understand it. 
Edit: Zeo's post wasn't there when I started - he said it better and more politely.
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06-22-2007, 12:21 PM
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#25
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TiVo Forum Special Member
Join Date: Dec 2002
Location: AZ
Posts: 20,607
TC CLUB MEMBER
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Quote:
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Originally Posted by GoHokies!
you /../ make no effort of offer any evidence or basis for your claims that Tivo, Inc is run poorly.
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Say what you will about HDTiVo, but he has posted many detailed messages about what TiVo does wrong in his opinion, AND what they should do to change it.
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06-22-2007, 12:26 PM
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#26
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Not so Senior Member
Join Date: Nov 2002
Posts: 5,556
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Quote:
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Originally Posted by MickeS
Say what you will about HDTiVo, but he has posted many detailed messages about what TiVo does wrong in his opinion, AND what they should do to change it.
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And not a bad track record of being right with my predictions? 
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06-22-2007, 12:27 PM
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#27
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O2->CO2 Converter
Join Date: Sep 2005
Location: KFME
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I must have missed them.
Maybe I should have asked him to explain it to me.
Like I did here:
http://www.tivocommunity.com/tivo-vb...&&#post5258853
But since you jumped to his defense in that thread too, maybe you can help me out. The offer of a public apology still stands if I'm wrong. Even if it's a viewpoint I don't agree with, a logically constructed argument to have an intelligent debate over would be a step in the right direction.
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06-22-2007, 12:27 PM
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#28
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adorkable
Join Date: Jan 2004
Posts: 20,018
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Quote:
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Originally Posted by MickeS
Say what you will about HDTiVo, but he has posted many detailed messages about what TiVo does wrong in his opinion, AND what they should do to change it.
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for the record, I do agree HDTiVo does bring in a lot of information that is on topic for the forum. He is not a troll and is welcome to his agenda that brings in diverse opinions to the forum. At the same time this is a forum many read and while I am not gping off to the business news to dig up all the info he seems to have to hand each day I will express my opinion of his posts. Fair is fair and all that
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How quickly we think the world owes us something we didn't know existed ten minutes ago.
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06-22-2007, 12:30 PM
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#29
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O2->CO2 Converter
Join Date: Sep 2005
Location: KFME
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Quote:
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Originally Posted by ZeoTiVo
for the record, I do agree HDTiVo does bring in a lot of information that is on topic for the forum. He is not a troll and is welcome to his agenda that brings in diverse opinions to the forum. At the same time this is a forum many read and while I am not gping off to the business news to dig up all the info he seems to have to hand each day I will express my opinion of his posts. Fair is fair and all that
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Good point, and I agree - I certainly don't hold any personal malice towards MickeS or HDTivo, I just don't see where he's provided any logical basis for his viewpoint.
Hence, the request for a bit of an explanation (I was serious about that), I would honestly like to get smarter, but (the admitedly small amount) what I know doesn't bear out his conclusions.
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06-22-2007, 01:15 PM
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#30
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Registered User
Join Date: Oct 2004
Location: SW VA
Posts: 2,170
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Once again so many are saying so much about something about which they really know so little.
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