Ultra Maritime reviews

The executive leadership or C-suite team put in place by Advent (private equity) in late 2022 are extremely short term focused on the companies bottom line to support selling off the business sections in the next 1 to 3 years. Every decision made directly ties back to the plan to sell the business for better or worse. The executive team does not care what-so-ever about the people within the organization. Many of the top tier employees across all functions have resigned due to the executive leadership's approach and negative public critiques. Those that stay in the organization are staring burnout in the face daily. The culture is toxic and does not promote collaborative teamwork. Most employees are looking out for themselves in the hopes of staying out of the C-suite crosshairs. This ultimately makes the simplest task take incredibly too long which constantly makes deliverables late to the government customers. Professional development and advancement opportunities are minimal at best. Leadership does not believe in mentorship nor do they provide guidance on career paths. In closing, this organization was very appealing a few years ago as a growing business with developing teams and people focused executives at the core of the organization. Now this company is quickly unraveling while the executives prop it up to support the future sale. It is a risk to your mental health to work for these executives, so why waste your time with an organization full of poor leadership on the brink of being sold with such an unknown future?

Leadership do not care about the people, they care about driving up the value of the business so that they can sell it and make their promised bonuses. Since being purchased by private equity, the people being hired are hired for the sole purpose of increasing efficiency and while that alone is not a bad thing it is done at the cost of the people who have spent years dedicating their lives to a company they think stood for something. CEO is a puppet for the owners. General managers are equally just doing as they’re told by the CEO. People are dropped constantly if they disagree with anything done/ said by management.