Care of Trees / Davey?

So let me understand this you want the officers that run the company at a 1% profit to take out a $30 million or so loan out to buy the hendricksen shares? Due the math, no bank would ever do that deal. The corperate overhead is 400k+ a month, that is how Davey pays off the loan they will need to buy tcot, gid rid of that nut and the profit is 10% or so. Good enough for any bank loan. John is one of the most modest owners in the world. He has a small plane that he has had for over 20 years. Give me a break he owns a motorcycle?....I heard that he asked the officers a year ago to give him a buy out plan and they never responded. Another great leadership move by jamieson. Have you heard about jamieson's boat? I hear it's over 40'...

Davey problems where do to a bad computer system and the payout to a number of large shareholders all at one time. And that was ten years ago. Since then they have grown from 140 million to over 400 million. There numbers are puplic info and look much better that TCOT.

With that being said I too would rather not be "sold" and would perfer a leadership change. I heard that in chicago they got rid of a 30 year employee and was relaced by a guy from the washing machine industry. What's up with that?

I work for a great company that needs a leadership change and understand that perhaps John has lost his patience with the leadership team. Again what do you want him to do give it away?
 
The brutal reality of business. For those that want the benefits of ownership, start your own, with all the inherent risks and rewards. Oh, working for a company that gives out shares to employees doesn't amount to the same thing. Did they mean the slogan? Of course, but when the executives put in the offer then the company was in play, opening the doors for Davey's offer. Ugly...
 
I agree. My point was to show that not only Scott has the big cost items but that you will find that with all corporations whether it be Scott, John, or the CEO/managers of Davey. You can't tell me that if you had the funds you wouldn't by a plane, boat, house, or Lexus if you could afford it. If you want those things work for it, climb the corporate ladder.

It is easy to judge from being at the bottom looking up, but how would you fair as the CEO or owner of the company? If it is so easy then we would all be CEO's and owners. No matter how hard you try you will never please everyone.

As for the 30 year employee, it was time for a leadership change. When you have lost the trust and respect of all those in the region, you have lost your ability to lead. Some people become complacent in their position and stop moving forward. That employee was given another opportunity in the company but had so badly damaged his reputation that he was doomed. Having worked under both I would choose the "Washing machine Industry" man. He has the ability to lead. Not all great leaders in the world are promoted from within their own industry. How often do we see a foreman put in the position becuse he was the district's best climber or the top sales guy promoted to district manager? If they don't have the leadership ability they fail at it and TCOT as a company has that mentality and has set people up to fail that way.

Why don't we focus on the positives that may come out of this, be vocal about what we as a team or individuals can bring to the Davey table instead of pointing fingers and being negative? We have to make the best out of it and accept that things change and try to influence the change for the better.
 
Not defending anyone, but Scott drives a white Toyota SUV, the only correlation being that Toyota's high end car brand is Lexus. I believe it was the CFO who was driving a black Lexus car and she was behind the implementation of the new car program.
 
This is obviously a touchy subject for all of those involved. One thing I can't agree with is talking about who drives what and who owns what. If you were the one taking all of the risks that people like John H. has taken, and sacraficed so much time and effort building a company like he has, why shouldn't he be able to buy whatever he feels like buying? If I worked under him I would look at his success as a positive thing and that I too might share a piece of that. Why waste time and energy being jealous?

Not trying to respond to any one comment or person here. Just adding a thought.
 
We all know that Scott J. and the rest of his executive team have always put their needs before everyone else. Frankly the company is in the state it is in because of his poor leadership. I personally have been affected by his poor leadership and only hope that someday he reaps the harvest that he has sown. I only wish for those true working stiffs that are left at TCOT to find a better venue. I love all of those guys who worked in the coldest and hottest of days to put bread on all of the tables of those of us who worked in the districts or the "Crystal Palace". God Bless those wonderful tree people who have not forgotten the meaning of the TCOT family and all of its worth. I have nothing but distain for S.J. and his like.
 
The washing machine guy is just a marionette of Scott J's. and should be one of the first thrown to the wolves. Actually they should both be thrown out with the bath water now.
 
Obviously you did not see the passion in what that 30 year veteran brought to the company and the adverse conditions he had to work under. He fought the battle for everyone as John Hendricksen would have done. You obviously did not know the intensity that this man worked. He cared for those who were the true money makers for TCOT. Every decision he made was with the consideration for the worker bees at TCOT. He did what he could to support them and their needs for future financial success even at the risk of his stature in the comapny. Shame on you for not recognizing a true valued leader!
 
ohmygod, thank you for adding nothing but anger and discontent to this thread and website. With the future of many great climbers and workers possibly at risk it was nice of you to designate yourself as the thread [bad word] and bringing everyone together for a common cause. To ignore your strife filled posts
 
Amen. I have mentors working for both companies. Let the cards play out and see were your strenghts fit the need for the company.
 
Who are all these frickin' cherries?
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These relatively new guys need to get off the buzz and take their complaining to somewhere else. Some may think this is a travesty some may not. But this thread has taken a turn for the worse. Some may like TCOT and some may like Davey or some may dislike them and that is fine but there is no reason to start bad mouthing either one of these companies and the people who run them or started them years ago. If there is nothing to say about facts about the merger or buy out then leave it rest.
 
[ QUOTE ]
So let me understand this you want the officers that run the company at a 1% profit to take out a $30 million or so loan out to buy the hendricksen shares? Due the math, no bank would ever do that deal. The corperate overhead is 400k+ a month, that is how Davey pays off the loan they will need to buy tcot, gid rid of that nut and the profit is 10% or so. Good enough for any bank loan. John is one of the most modest owners in the world. He has a small plane that he has had for over 20 years. Give me a break he owns a motorcycle?....I heard that he asked the officers a year ago to give him a buy out plan and they never responded. Another great leadership move by jamieson. Have you heard about jamieson's boat? I hear it's over 40'...

Davey problems where do to a bad computer system and the payout to a number of large shareholders all at one time. And that was ten years ago. Since then they have grown from 140 million to over 400 million. There numbers are puplic info and look much better that TCOT.

With that being said I too would rather not be "sold" and would perfer a leadership change. I heard that in chicago they got rid of a 30 year employee and was relaced by a guy from the washing machine industry. What's up with that?

I work for a great company that needs a leadership change and understand that perhaps John has lost his patience with the leadership team. Again what do you want him to do give it away?

[/ QUOTE ]

Yup!

Poor leadership and even worse decision making... I feel sorry for those folks that a now getting left holding the bag.
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Many times this has happened in business. A company starts to go south, another sees the fundamentals of a good business that will add value to their own. An opportunity that can't be passed up.
Employees who have been disgruntled by the existing misdirection of management can either buy into the new management and corporate culture or move on. The new management team expects this and are planning for it through the transition and integration of the two corporate cultures.

As long as a person is willing to remain an employee in a large corporation then they need to be prepared to deal with this reality.

What? You thought it was all just great benefits for you????



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As I stated earlier:

Why don't we focus on the positives that may come out of this, be vocal about what we as a team or individuals can bring to the Davey table instead of pointing fingers and being negative? We have to make the best out of it and accept that things change and try to influence the change for the better.
 
Exactly, Getreal. Understand and adapt to the Davey culture. Those who do will have the best chance of remaining and growing with the new organization. Adapt or Die...
 
You sound like someone who was on the board at TCOT.

The only positive thing I see is a select few are walking away with a rather large chunk of change in their pocket whilst the ones who stayed when things became tough and unprofitable, decided to stick it out for the company and turn it around (after all it is an Employee owned Co... right?) are essentially kicked to the curb.

The redundant management positions will be eliminated to and I'm sure a few of the tech. service folks will likely be shown the door also.... what are you gonna say to them?

It's gonna be a nightmare for some of those folks.

As for Jamison.... I would not let him manage a McDonalds.

All of this on he heels of a recession I see no good coming out of this.
 
A recession coming on for a poorly managed company sounds like the kiss of death or at the least Chapter 11 bankruptcy. Some will be kicked to the curb others will remain. GET OVER IT. Decide which one you will be and prepare for the outcome. What will happen next is now more important then what happened to lead to this!!!

You are not the first ones to go through a merger and certainly won't be the last.
 
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