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2011 Contenders

Soap Operas: TV Viewers

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: There was a time when daytime television was synonymous with Soap Operas, offering a melodramatic hour of fantasy for housewives. 2011 saw the end of two cornerstones in the Soap Opera world as ABC announced that “All My Children” (1970) and “One Life to Live” (1968) would be coming to an end. The death of the Soap Opera may carry a more significant message beyond that Americans may be tiring of evil twins, inexplicable plot twists and spouses going in and out of comas. The presence of alternative daytime television...

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Joey DeFrancesco (Room Service): Renaissance Marriot Hotels

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Talk about going out in style and telling your boss to stick it.  Joey DeFrancesco made quite a statement in giving his letter of resignation to his unsuspecting manager when he showed up with a marching band that played as he walked out the door. Check out the You Tube video. Although Joey’s position at Marriot may not be that significant, the video has gone viral with about 3 million hits since it’s posting on October 12. This has obviously resulted in some bad publicity for Marriot.  Joey has become a hero among other hotel service workers...

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So many resignations, so little time: Twitter

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: Recently there has been a mass exodus from the social networking pioneer.  The departed include: Pam Kramer (VP Marketing), Mike Abbot (VP Engineering), Sean Garrett (Head of Communications), Abdue Chowbury (Chief Scientist), Lynn Fox (Communications Director) and Lori Britcher (Creator of iOS application Tweetie).  Reasons for leaving range from no reason at all to getting “back to a more entrepreneurial company”. The average tenure of those leaving the company is between 3 and 4 months so it gets harder to build...

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Shaquille O’Neal (NBA Player): Boston Celtics

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: After 19 seasons, the one and only Shaq Diesel hangs up his uniform for good.  The 7’1” player retires with an astounding 28,596 points, 1992-1993 Rookie of the Year award, 1999-2000 MVP award, and 15 All-Star game selections on his resume to name a few. He ranks 5th all-time in points scored, 5th in field goals, 12th in rebounds, and 7th in blocks. Shaq is one of the great NBA players of all time and made a lasting impact on the sport. Why this is not as big as our Top 10: In his later career O’Neal suffered several...

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Robert Kelly (CEO): Bank of New York-Mellon

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: Kelly’s resignation was unexpected and will have a major impact on the direction of Bank of New York-Mellon (BNY-Mellon). Mellon financial merged with BNY in 2007, and moved headquarters to New York City. Kelly was a key driver in keeping thousands of jobs in the Pittsburgh area and maintaining stability throughout the process. Kelly was one of the few who steered clear of the mortgage crisis that plagued many of his banking counterparts. It is unclear what is next for BNY-Mellon, who praised Kelly during most of his...

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Vivian Schiller (President & CEO): NPR

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: Schiller was a highly regarded leader of National Public Radio prior to the scandals that shook the organization while she was President & CEO. She recovered NPR from falling revenues and lost listeners. The quit was so big because just weeks prior to her resignation, the US House of Representatives voted to eliminate the $451 million grant to the Corporation for Public Broadcasting, the major underwriter of NPR. In December 2011, Congress did allocate almost all of the funds, however NPR remains on alert from the...

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Tony LaRussa (Manager): St. Louis Cardinals

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: Tony LaRussa sealed his status as one of the best managers in baseball history by going out on top of his game with the St. Louis Cardinal’s 2011 World Series victory. Prior to his success with the Cardinals, Tony managed the Chicago White Sox and Oakland Athletics where he earned a 2,728 record and 70 postseason wins. LaRussa’s retirement strikes at a bad time for the Cardinals as Albert Pujols, one of the top players in the MLB, is walks away from his home team of 11 years for more money. Why this is not as big as...

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Kevin Rose (Founder): Digg.Com

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this was a big quit: Founded and led by Rose, Digg.com was one of the first massively popular news aggregating websites. Content was discovered, posted, and voted on by the community. A cornerstone of the Web 2.0 movement, Digg’s success reached lexiconic status as web surfers compelled one another to “digg it” and swarmed a site that was “dugg”. Digg advanced a new way to conceptualize and present the internet information overload. Why this is not as big as our Top 10: In the last 18 months, Digg’s traffic fell considerably and once...

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Les Hinton (CEO): Dow Jones & Co.

Posted by on Dec 31, 2011 in 2011 contender | 0 comments

Why this is a big quit: The loss of the CEO of Dow Jones, following the News Corp. phone hacking scandal is a very very big quit. After Hinton’s announcement in July, News International stock fell as casualties of News Corp’s improper journalistic practices continued to mount. Why it’s not as big as our Top 10: The Biggest Quits generally highlights individuals who leave when their organizations would benefit if they stayed. Analysis around Hinton’s resignation was that Murdoch and News Corp could benefit if he left. Hinton’s ignorance of...

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