That may very well be the case. He was a Lame Duck Interim CEO just keeping the seat warm until a replacement could be found for DOC. He started at ADXS as the Chief Business Officer on April 17th, 2017. DOC was canned and TL was promoted to be the interim CEO on July 7th, 2017. Kevin Berlin was named CEO on April 23rd, 2018. Lombardo was only at ADXS for about one year. Do you have any idea how much money he walked away with for basically doing NOTHING? It had to be well over $1 million. And, if he was getting paid to essentially do NOTHING, why did he state his #1 priority while he was at the helm was to “restore shareholder value” when he was announced as the interim CEO in the PR from July 7th? Look at the SP plummet from July 7th, 2017 ($6.66) to April 23rd, 2018 ($1.53). That’s a drop of over $5/share. Add to that his Share Offering to extend the Runway at Sub $2 prices when it could have been done at $5/share or more. GREAT JOB, TONY!!! You really know how to RESTORE SHAREHOLDER VALUE. Gimme a break, mastiff. He was just another totally inept, blood sucking leech there to line his pockets with all of the cash he could get his grubby little hands on. Good riddance.
News 
Market Data 
Discover 
