Ayala Pharmaceuticals Inc (ADXS)

[equaloppforall]

While it looks outlandish, given where the stock price is, it is not unusual at all. Severance packages for high level employees, especially executives, are negotiated prior to their being hired given the risk that they won't find comparable employment elsewhere quickly enough, if they do find it at all.

In any case, I doubt that DOC was pushed out due to outright "non-performance". Institutions simply find his direction for the company misaligned with theirs, with regard to mitigating risk by monetizing some assets ASAP. I don't disagree with his ouster, even though I think he did perform well in some ways.