If Upper Deck called right now with a job, I'm don't think I would take it. I have a hard enough time working in the newspaper business, but my company isn't in dire straights. The same can't be said for Upper Deck, who I feel has been treading water for some time, especially after a number of lawsuits and layoffs.
Upper Deck announced Paul Meyer as the new president in a press release.
Someone had to have the job, but I have to wonder why him? His most recent job was the president and COO of Shuffle Master, which I know has done well. Living near Atlantic City, I've seen their stamp everywhere. Perhaps, Shuffle Master has flooded the market so much, there is no more growth.
What amazed me about Shuffle Master was that I was told from a number of people that the machines were rented by the casinos and not bought from the company, which means that the company has a steady influx of money.
The same can't be said for Upper Deck, whose remaining licenses include NCAA, NFL Players' Association (not the NFL), NHL and NHLPA, lacrosse, and Marvel comics.
“What do I look forward to most? Probably working with Upper Deck’s Product Development Team to identify ‘the next big thing,’” he said in a press release.
Me too, Mr. Meyer, me too.
I'm not trashing Meyer. I'm just curious as to why he would take the job.
Good luck Mr. Meyer and feel free to contact us for an interview or to reach out any time ;-)
the ladies at A Cardboard Problem
Update: Perhaps, I should have done some Googling before I posted this. Maybe Meyer is the right person for the job since Shuffle Master knows a little bit about lawsuits.
According to this article from the Las Vegas Sun in February, "Three lawsuits were filed in June 2007 in U.S. District Court in Las Vegas claiming Shuffle Master and certain officers had engaged in fraudulent accounting practices, including the improper recognition of revenue from intercompany inventory transfers."