Linda Powers is also fund manager that receives streams of revenue from many sources. Her sole job is not CEO of NWBO, which is a “company” that employed only between 10 to 20 employees through her tenure.
But I’m sure the legal defense is to convince the jury that Linda is under paid compared to her peers. If I recall, the complaint made the case that she’s well over paid compared to CEOs for biotechs of comparable size.
I believe the average salary for a CEO of a small biotech is less than $500k. Linda’s salary is more than double.