Pros
Many passionate and knowledgeable associates left. Good pay/benefits package.
Cons
Carestream is another perfect example of a failed transformation of business. This is like Kodak all over again. Most of the focus of the senior team still sits in the dying film business that exceeds their goals each year as they are able to negotiate low targets. This leads to great bonuses for the few dictators involved in this business. The CEO talks in his quarterly town-hall meetings mostly about the film business rather than the digital businesses which is a clear sign of his priorities. He clearly failed to implement any strategies that allow us to differentiate ourselves from the big players in the medical imaging industry which leads to poor results in the digital businesses. We also experience a mass-exodus of Senior Executives and other talent as they either get fired because they challenge the CEO or leave because they found a company with better opportunities and especially company values. The CEO sits most of his time in his corner office worrying about himself rather than leading from the front and through people. It is really sad to see this company going down as it would have had so much potential.
