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Post# of 17403
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nsomniyak

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nsomniyak

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Re: cervelo post# 15818

Tuesday, 09/20/2022 2:55:59 PM

Tuesday, September 20, 2022 2:55:59 PM

Post# of 17403
It appears that Walbert was there only to (help) secure EU approval, and, with this accomplished, he is moving on. The fact that the resignation happened the same day as the EU approval, and that it was effective immediately, supports this thesis.

In general, directors' compensation is not tied to specific milestones, though it is possible.

There may also have been a "gentleman's agreement" to the effect of "help us get through EU approval" and then we'll go our separate ways.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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