In serious decline due to bad acquisition, revolving door of senior leadership - Marketing Covista Employee Review

1.0
Jan 18, 2023
Recommend
CEO approval
Business Outlook

Pros

There are many good people there, though many are voting with their feet and leaving

Cons

They had a CEO change around the time of a major acquisition and the company has been in fire drill mode since. It's a combination of the new CEO firing virtually the entire senior leadership team at the time he took over while concurrently trying to integrate a large acquisition of a troubled university (who's leader also quit post acquisition). So, you have a situation where all the prior senior leaders took their institutional knowledge with them, and many of their direct reports also left. So you have a bunch of people at the top of the house (some of whom are highly qualified) but they have no idea what they're doing. And as all of this has hurt performance -- both financial and academics (enrollments), the CEO's answer is to lay off people by the hundreds and slash budgets making the situation even worse. The company is in a downward spiral, and I'm not sure how it will get itself out.

Explore other reviews about Covista

5.0
Jul 15, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Covista is an organization that has a clear vision and does well in actively pursuing that vision. Covista is willing to adapt, try new things, and trusts its employees to find success. When Covista has fallen short of goals, they have been honest about it, quickly pivoted to address those areas, and then celebrate when we achieve goals. Overall - I am very happy here at Covista. My favorite part of working here is the people. Covista has a culture in which care isn't a buzzword, but is practiced.

Cons

I do wish Covista was more relaxed with RTO expectations. I am not angry about it, and generally am in favor for an in office experience, but wish it was not 4 days a week. 3 days a week feels right. This is a very small 'con' as generally, I am very pleased with Covista.

1.0
Jul 21, 2026
Recommend
CEO approval
Business Outlook

Pros

My colleagues are amazing. Everyone is fully dedicated to their work and our mission.

Cons

Without a doubt, top leadership is corrupt and driven by profit. They do not care about their staff and only care about themselves. The CEO literally made $17,244,988 in total compensation for the 2025 fiscal year; however, there were countless of hardworking colleagues who were let go. I am not sure how to make sense of that and why someone can make so much and be so heartless. I say this, as I know many senior leaders at the individual university level who were let go just because he woke up one day and wanted to go in a different direction. The schools are run by the CEO who is an attorney and has no concept when it comes to healthcare other than increasing tuition to vulnerable students who might otherwise not have an opportunity to earn a degree. It is sickening. I wish shareholders would replace the CEO, but he is untouchable given how much revenue he was brought in. He can host his town halls to try to relate to us, but everyone sees through him.

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