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Post by mnkdfann on Sept 26, 2022 20:57:34 GMT -5
www.nytimes.com/2006/12/23/business/23family.htmlIt is a turn of phrase with a long tradition, spun from corporate boardrooms in all seeming sincerity — no winks, no nods — just the sober announcement.
“Dear shareholder and John Q. Public: our trusted executive is resigning to spend more time with family.”
Sometimes it is actually true. The family tug is strong, especially this time of year. But with large severance packages and corporate images frequently at stake, more often than not the phrase is part of a carefully scripted termination agreement, filled with nondisparagement and confidentiality clauses.
The executive agrees to such terms readily after having been fired or quitting under a cloud. In extreme cases, the phrase is even trotted out in the midst of an investigation into criminal activity.
“There are two code expressions: One is the ‘spending more time with your family’ line and the other is ‘leaving to pursue other interests,’ ” said Hal Reiter, chairman and chief executive of Herbert Mines Associates, an executive recruiting firm in New York. “But who are they kidding?”
(More at link.)
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Post by Thundersnow on Sept 26, 2022 21:08:03 GMT -5
Galindo is walking away from MNKD with 600,000 shares and what did MNKD get for that??? ONE “B” List Celebrity??? So yes Galindo was DEAD WEIGHT.
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Post by radgray68 on Sept 26, 2022 21:35:32 GMT -5
Nothing has worked...well, all agreed? According to Mike, we need 12 - 18 months to complete all our clinical trials. Then, hopefully with "Superior" label and marketing materials, we probably are going to want to partner with a BP again. That would be a reason to jump ship. If we're speculating.
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Post by mytakeonit on Sept 26, 2022 21:52:08 GMT -5
Galindo left because he got tired of being greeted in the morning with ... "Howz it going A. G. !!!"
Or as I assume ... he finished with the set up and he felt that he didn't need to watch the paint dry. He made $$$ and has shares ... now he can look for other more interesting projects.
But, that's mytakeonit
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Post by mytakeonit on Sept 27, 2022 1:32:38 GMT -5
Item 8.01 Other Events.
On September 23, 2022, Alejandro Galindo, the Executive Vice President – Endocrine Business Unit of MannKind Corporation (the “Company” or “us”), informed us that he is resigning from the Company, effective at the close of business on October 21, 2022, in order to pursue another opportunity.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MannKind Corporation
Date: September 26, 2022
By:
/s/ David Thomson, Ph.D., J.D.
David Thomson, Ph.D., J.D.
Executive Vice President, General Counsel and Secretary
(Exactly like what sla posted)
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Post by hellodolly on Sept 27, 2022 7:18:53 GMT -5
I have to say...we are some very interesting folks filled with guesses and a few guesses disguised as facts.
Fact: A.G. left the building.
Fiction: Fill in the blank________.
Consensus - Nothing has worked and Afrezza growth is slowly increasing. Hmmm.
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Post by mango on Sept 27, 2022 8:17:11 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza.
Just goes to show how many folks on here try to look for the negative in literally everything.
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Post by cjm18 on Sept 27, 2022 8:18:42 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza. Just goes to show how many folks on here try to look for the negative in literally everything. This just means he got in a fight with mike because he wanted his job. |
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Post by hellodolly on Sept 27, 2022 8:22:54 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza. Just goes to show how many folks on here try to look for the negative in literally everything. Should be easy to look that up in a few days as it will likely show in a search engine. |
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Post by caesar on Sept 27, 2022 9:54:49 GMT -5
Was this guy the architect of the $6M "Seeing is Believing" campaign which was an epic fail? Has anybody seen the "Seeing is Believing" campaign? $6M is a Hell of a lot of money for a 4-month campaign! Getting a bit nervous about what is going on behind the curtain so to say. So many expensive missteps that burn up capital without any meaningful results. TicToc time goes on..... |
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Post by awesomo on Sept 27, 2022 11:09:19 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza. Just goes to show how many folks on here try to look for the negative in literally everything. So if he’s so great and was doing tremendous work with Mike, and then was poached as a CEO, then it is still a negative for MannKind. |
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Post by mango on Sept 27, 2022 11:39:32 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza. Just goes to show how many folks on here try to look for the negative in literally everything. So if he’s so great and was doing tremendous work with Mike, and then was poached as a CEO, then it is still a negative for MannKind. Any examples of this tremendous work he did? |
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Post by awesomo on Sept 27, 2022 12:08:56 GMT -5
So if he’s so great and was doing tremendous work with Mike, and then was poached as a CEO, then it is still a negative for MannKind. Any examples of this tremendous work he did? It was a hypothetical given your scenario that he was poached as CEO so somehow it isn't a negative. |
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Post by MnkdWASmyRtrmntPlan on Sept 27, 2022 12:18:40 GMT -5
Someone on ST just posted that they asked, and was told he left for a CEO position at a company that doesn’t compete with Afrezza. Just goes to show how many folks on here try to look for the negative in literally everything. Should be easy to look that up in a few days as it will likely show in a search engine. He hasn't updated his LinkedIn yet. |
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Post by mango on Sept 27, 2022 12:22:41 GMT -5
Should be easy to look that up in a few days as it will likely show in a search engine. He hasn't updated his LinkedIn yet. He doesn’t leave the Company until late October. Don’t expect any update to his LinkedIn until AFTER he has left. |
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