Replies to post #330702 on Avid Bioservices Inc (CDMO)

[JCNJ]

and relocation expenses? I thought I read that he did not relocate to Tustin which was one of the reasons he left. Or am I missing something?

He really didn't seem to accomplish anything except conduct encouraging quarterly conference calls. I would have thought the revenues would have grown better and pretty easily based on his enthusiasm.

Oh well, let's hope for a better next chapter.

ALL IMO

[jakedogman1]

my guess is he wasn't doing bad enough to get fired for cause so they negotiated a buyout... just glad to have an active knowledgeable bod to steer right now...

i also think halo and others will cover capacity soon and a buyout there after based on what i'm reading in the cdmo consolidation... and my guess is they will get pressure from bp to be under the wing of a big cdmo and pressure from investors to strike the best deal possible..

pantheon or catalent... within 12 months or less...

[The Other Guy]

Welcome to corporate America! Where executives cut costs to gain excessive bonuses. How many cafeteria downgrades do you see at a company and then the CEO gets a raise afterwards.