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  • Report:  #1335283

Complaint Review: Matt Brown NASDAQ

Matt Brown, NASDAQ Horrible Business Decisions, Destroying Successful Departments, Retaliation Against Employees, Terrible Sales Results, Not Held Accountable New York New York

  • Reported By:
    Speaking For All of Corporate Solutions — Alabama USA
  • Submitted:
    Thu, October 27, 2016
  • Updated:
    Mon, January 29, 2018
  • Matt Brown, NASDAQ
    1 Liberty Plaza
    New York, New York
    USA
  • Phone:
  • Category:

 Matt Brown came to NASDAQ in June of 2013 when NASDAQ acquired his division of Thomson Reuters. Clueless upper management at the time, led by Anna Ewing and Mike Cotter gave him authority to make key decisions. Since he has no knowledge of selling, the products and services of the company, and is a mean spirited, phony, corporate puppet, this was a huge mistake. Matt systematically destroyed departments by making changes that strongly negatively affected commissions, losing many excellent salespeople in the process. In the last 3+ years, so many talented people have left. Matt has contributed no revenue to the organization. He just fools his bosses by pretending to contribute. He sits there most days doing nothing but getting on conference calls and chiming in, faking his way through. He just waits for the next company acquisition and squirms his way into an integration role, while others do all the real work to get things done. He has retaliated against employees that had the nerve to speak up, terminating ones that were over 150% of quota, while keeping ones that were less than 1% of quota. That is not an exaggeration. There were actual examples of that. The numbers across Corporate Solutions not surprisingly are dreadful. Matt doesn't even use the word quota anymore because every department is well below it. He uses the term, budget, which is about 17% higher than quota to make the numbers sound more respectable. The question everyone is asking is why the President of the company, Adena Friedman, and his direct boss, Stacie Swanstrom, the head of Corporate Solutions don't immediately terminate him. The entire year of 2016 with Matt overseeing sales has been worse than ever before. And he just continues to lie, play his corporate cat and mouse games, telling them that he is restructuring things, making changes for the better for 2017. Matt is a cancer as a business person and as a human being and is a perfect example of what is wrong in the corporate world today.

2 Updates & Rebuttals


Alabama,
United States

Matt Brown was fired in early December 2016

#3Author of original report

Mon, January 29, 2018

As a follow up, Matt Brown was terminated by Nasdaq 5-6 weeks later in early December of 2016.


Anonymous

New York,
USA

Agree with above

#3UPDATE EX-employee responds

Thu, May 04, 2017

https://www.linkedin.com/in/matt-brown-59269716/

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