Replies to post #65999 on Ariad Pharmaceuticals Inc fka ARIA

[STOCKSEEK]

I agree Denner doesn't run the Board but do believe the conditions established in the settlement agreement are critical and as it relates to next steps - CEO determination, buyout...

Denner has put himself at the helm in the matter of key decisions... Either by pre-established agreement or otherwise.

Denner would never have let the proxy battle go without having that in my opinion.

[JJM760]

Isn't that exactly what the four resigning employees accused Berger of in their resignation letter?

Chickens came home to roost

[biotech_researcher]

Actually the answer is somewhere between you and BR. Denner doesn't run the board, but he believes he can work with them now with HB gone.

That is a scary thought. Remember, cronyism can change in a heart beat. By definition, each member of the BOD has one vote. Denner absolutely does not control the board. If the rest of the members decide to take a different path, they win. It is just not that simple. Although I fully expect the BOD will indeed follow Denner's wishes. It is just that he is so young..

And, JJM, it was Board members that left, not employees..