Friday, August 08, 2014 1:57:19 AM
tell you that you are wrong. A CEO gets paid
for execution. He works the BOD, rides shotgun
of the CMO or CSO, and basically makes every
important decision pertaining to executing the
mission statement. NoFan is spot on ! One of the
few on this site. No Senior Mgmt Team has ever
had a more dismal track record on execution as
JT, and team. They were put together for the sole
purpose of JZ selling the Co after the Marine
approval. He BS'd The Street, publically stated
"THAT HE HAD MORE OFFERS THAN EMPLOYEES" . He
drove the stock up to $19 and promptly sold $M
of his own stock. He never had an offer, Thero
told me that personally. He poisoned the FDA well,
and was a no show at the ADCOM meeting because he
was persona non grata. JT was along for the ride
and found himself CEO without any management experience,
and executed the irrational decision of GIA. Then
he stuck to his guns, stating it was Anchor SPA
or nothing on the Friday before MLK weekend. FDA
pulled his plug the following Business day. Kiwi
I didn't even mention his again selling millions
of dollars of his stock into the Marine approval.
That is a first on Wall Street, a Biotech CEO selling
his stock into his first FDA drug approval. Give me
a break if you just think a CEO is a cheer leader !
That is PLAIN AND SIMPLE wrong headed.
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