In the UK at least, well over 25% of their staff have already gone, ‘super salesman’ Joe Rabah who was parachuted in from Dubai at the beginning of the year to run EMEA from London, has now been sent back home and it would appear that Kevin Hill is going to try to step into the (big) shoes of Sales Director Rob Brinklow, who left voluntarily as a protest at all of the recent restructuring.
Rumour is that Hemanth Parasuram, Co-Founder and Managing Director of Virgo Capital (who effectively acquired the business a few weeks ago) fancies himself as a CEO and is taking charge. That means that good guy CEO Bob Michaels, is now running the business in name only and that his contract, which is up in January 2019 will not be renewed.
With RMG’s latest ploy of having Jerry Rosen (he joined RMG Networks as senior vice- president, global chief marketing and creative officer in June 2016) try and run EMEA from Dallas (there are no visible signs of them attempting to recruit a new General Manager or Managing Director) it all points to them running the UK / European business as a maintenance cash cow and eventually no doubt, wind it up into a tiny satellite office.
One thing is for sure, what with their new CMS Korbyt, pretty much still-born, there won’t be many new customers running to their front door.