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Post by MnkdWASmyRtrmntPlan on Oct 31, 2022 5:35:37 GMT -5
On October 26, 2022, MannKind Corporation (the “Company”) and Joseph Kocinsky, the Company’s Chief Technology Officer, discussed and agreed that
Mr. Kocinsky’s duties and responsibilities will be reduced such that he will no longer function in the same position, effective October 31, 2022 (the
“Effective Date”). Mr. Kocinsky will remain employed with the Company following the Effective Date, subject to the at-will employment relationship.
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Post by akemp3000 on Oct 31, 2022 7:13:05 GMT -5
His bio indicates he's been with Mannkind Corporation 19 years and 10 months. Seems time for him to step back and enjoy life considering most of us haven't been with Mannkind stock for quite that long and just consider the stress we've endured  |
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Post by MnkdWASmyRtrmntPlan on Oct 31, 2022 7:57:14 GMT -5
Yeah, but he is just so young-looking in his picture. Of course, it was probably taken when he started almost 20 years ago.
We can only speculate, but it would be nice to get some inside info.
Maybe his health?
Or, maybe like akemp was saying ... Maybe he just decided to join in the Great Resignation. I'm sure he has made himself enough money in that job to afford himself a nice retirement. Even if he is only 50.
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Post by Clement on Oct 31, 2022 8:22:03 GMT -5
He got his BS in ChE in 1985 at NJIT.
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Post by Thundersnow on Oct 31, 2022 9:57:07 GMT -5
He got his BS in ChE in 1985 at NJIT. What ever happened to the NEXT GEN Version of Afrezza??? Al Mann made several comments when they partnered with SANOFI. |
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Post by Clement on Oct 31, 2022 10:07:39 GMT -5
He got his BS in ChE in 1985 at NJIT. I mentioned this to indicate his age, if it matters. ( He also got two graduate degrees after this.) Assume this is a 5 year degree and that he entered college at 18 yo. Then he would be 60 yo now. Probably not younger. Could easily be older. |
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Post by porkini on Oct 31, 2022 10:23:37 GMT -5
He got his BS in ChE in 1985 at NJIT. I mentioned this to indicate his age, if it matters. ( He also got two graduate degrees after this.) Assume this is a 5 year degree and that he entered college at 18 yo. Then he would be 60 yo now. Probably not younger. Could easily be older. Here's the Mannkind bio from the corporate web page below. Graduated in 1985, 16 years with one company, 19 with another, timeline fits. 60-65 age range fits. Retirement or early retirement fits. Maybe he wants to get out and have some fun without being tied to a daily job responsibility and before health concerns limit life opportunities. From mannkindcorp.com/about/team/Joe Kocinsky, MS, MBA Chief Technology Officer Joe Kocinsky guides the team of experts driving MannKind's innovative technological efforts in the areas of manufacturing, engineering and pharmaceutical development. One of MannKind’s longest-tenured team members, Joe oversees operations at the company's Danbury, Conn. facility where his team collaborates on products and devices, giving people control of their health and the freedom to live life more humann. A highly successful pharmaceutical executive, Joe joined MannKind in 2003 as Vice President of Manufacturing after 16 years with the Schering-Plough Research Institute where he managed pharmaceutical process development. In 2006, his role at MannKind transitioned into technology when he was named Vice President of Technology Development, concentrating on the registration and commercialization of MannKind's inhalation technology. Since 2010, Joe has served as Senior Vice President of Technical Operations and is MannKind's Chief Technology Officer, steering all technical aspects of the company and managing the strategic initiatives in manufacturing, quality, supply chain, engineering, information technology and pharmaceutical technology. Through Joe's guidance, his teams remain focused on expanding MannKind's technologies for future application and innovation in the areas of endocrine and orphan lung diseases. In his down time, Joe travels the world exploring new cultures and translating those experiences to culinary creations he cooks for his family. |
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Post by akemp3000 on Oct 31, 2022 10:55:31 GMT -5
The title of this thread should probably be "stepping back" instead of "stepping down. Meaning this appears to be amiable on both sides and he'll continue to work for the company. Loved reading..."Joe travels the world exploring new cultures and translating those experiences to culinary creations he cooks for his family". Sounds like a guy with a balanced life perspective. I can see where someone like this might want change after 20 years. Oh well, at least it offered a minor distraction while we wait for Q3 in two weeks.
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Post by bthomas55ep on Oct 31, 2022 13:27:10 GMT -5
I'll bite. I don't believe this is the case, but since it's a slow Monday.... Is it possible that another small acquisition or merger is on tap that already has his position? He might have been considering retirement and this was the perfect opportunity. By stepping back or down, he would no longer be an officer and thus would be free to sell restricted shares at his leisure. He would also make the position available as a concession to the company that will be merged? Just a little speculation until and if we ever hear the real story. GLTA
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Post by akemp3000 on Oct 31, 2022 13:47:59 GMT -5
Love the Monday speculation bthomas. If this turns out to be the case, you deserve stardom. I too don't really believe this is the case but after following this company for a very long time, just about anything is possible. I'm just anxious for the upcoming quarterly report. Sure would be good to be preceded by a nice surprise announcement.
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Post by phdedieu12 on Oct 31, 2022 20:14:20 GMT -5
Love the Monday speculation bthomas. If this turns out to be the case, you deserve stardom. I too don't really believe this is the case but after following this company for a very long time, just about anything is possible. I'm just anxious for the upcoming quarterly report. Sure would be good to be preceded by a nice surprise announcement. Next week |
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Post by Chris-C on Nov 8, 2022 15:25:07 GMT -5
I’m Late to the speculation party here, but given the circumstances, I’d guess that Joe overstayed his welcome. Mike needed new blood and out of respect negotiated a new arrangement. These days, “what have you done lately?” Is more important than ever—it’s necessary to take stock and exit at the right time. This arrangement will allow Joe to transition to full time retiree/family chef. I’d guess the transition will be of short duration ~( six months or less)
Thanks for your service Joe!
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Post by cretin11 on Dec 5, 2022 10:07:43 GMT -5
Love the Monday speculation bthomas. If this turns out to be the case, you deserve stardom. I too don't really believe this is the case but after following this company for a very long time, just about anything is possible. I'm just anxious for the upcoming quarterly report. Sure would be good to be preceded by a nice surprise announcement. Next week By “next week” did you mean a surprise announcement would be happening or simply that the quarterly report would be out? |
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Post by phdedieu12 on Dec 6, 2022 23:34:48 GMT -5
the latter, simply that the quarterly report would be out
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