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DeSisto
Aug 11, 2016 16:38:59 GMT -5
Post by madog365 on Aug 11, 2016 16:38:59 GMT -5
I know and chat with quite a few CEOs, Directors and company Presidents, of which most I would call friends. They are more on the professional level of friendship than on a personal level, with a couple of exceptions. Very well executed humble-brag. |
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DeSisto
Aug 11, 2016 16:39:51 GMT -5
Post by akemp3000 on Aug 11, 2016 16:39:51 GMT -5
Matt's protectors are here, makes me nauseous - stay on point the topic is Desisto. "We don't need Desisto," made me laugh, ridiculous comment. The difference between Matt, Mike and Duane is clout. Duane has been a successful CEO for 12+ years, Matt has no experience. You might as well start kissin ass now (DD), because you will be. I think Duane Desisto will be a Phenomenal addition to our team. Excellent post, Duane, hard to disagree (and glad you're participating on the board)!  |
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Post by Deleted on Aug 11, 2016 18:47:58 GMT -5
Bottom line is Matt is the CEO and MannKind has achieved something very few could ever do. Oh yeah, and then there is Kresa.
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Post by mydogskip on Aug 11, 2016 19:04:29 GMT -5
Bottom line is Matt is the CEO and MannKind has achieved something very few could ever do. Oh yeah, and then there is Kresa. Again you are confused. What has Matt achieved other than hiring Mike Castagna, assuming it was him who actually found him instead of Desisto, who knows how to get things done? Matt is CEO in name only. Mike is running the company. Matt has proven to be a horrible CFO. He has had numerous opportunities to raise capital when the stock was strong and he didn't. And then he goes ahead and raises money when the company is at its weakest. Whether he was thwarted by Al or not, he still hasn't shown he can lead the company. He also has a history of saying things he should have known better not to have said. If anyone is going to show that Afrezza can be the drug that many of us think it is, that would be Mike. Not Matt. |
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Post by Deleted on Aug 11, 2016 19:50:50 GMT -5
Bottom line is Matt is the CEO and MannKind has achieved something very few could ever do. Oh yeah, and then there is Kresa. Again you are confused. What has Matt achieved other than hiring Mike Castagna, assuming it was him who actually found him instead of Desisto, who knows how to get things done? Matt is CEO in name only. Mike is running the company. Matt has proven to be a horrible CFO. He has had numerous opportunities to raise capital when the stock was strong and he didn't. And then he goes ahead and raises money when the company is at its weakest. Whether he was thwarted by Al or not, he still hasn't shown he can lead the company. He also has a history of saying things he should have known better not to have said. If anyone is going to show that Afrezza can be the drug that many of us think it is, that would be Mike. Not Matt. What are you so upset about? Mike is spearheading the Afrezza launch. That is what his role is. It was made perfectly clear to everyone Mike was hired because of his expertise with launching drugs. Again, bottom line is Matt is the CEO and MannKind is KILLING it!!!! |
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Post by mannmade on Aug 11, 2016 19:53:53 GMT -5
Bottom line is Matt is the CEO and MannKind has achieved something very few could ever do. Oh yeah, and then there is Kresa. Again you are confused. What has Matt achieved other than hiring Mike Castagna, assuming it was him who actually found him instead of Desisto, who knows how to get things done? Matt is CEO in name only. Mike is running the company. Matt has proven to be a horrible CFO. He has had numerous opportunities to raise capital when the stock was strong and he didn't. And then he goes ahead and raises money when the company is at its weakest. Whether he was thwarted by Al or not, he still hasn't shown he can lead the company. He also has a history of saying things he should have known better not to have said. If anyone is going to show that Afrezza can be the drug that many of us think it is, that would be Mike. Not Matt. I don't enjoy joining into discussions like this because I don't really see the point. Having said that, I feel compelled to point out some flaws in your argument... You seem to forget that as CFO it is not up to Matt nor does he have the authority to raise capital without the direction and consent of the CEO and the BOD. While CFO he was not only reporting to the CEO he was responsible to the BOD both of whom are charged with leading the company and determining such issues as to whether or not they should be raising capital. And "you just don't know what you don't know..." How do you know Matt did not advise the responsible people (decision makers) to think about raising cash and how they may have responded? How do you know Desisto is the right guy for the job when he left under a bit of a cloud from Insulet himself. What I do know is that Matt and his team, the team he has hired, seem to be doing a good job so far with MannKind 2.0. Sure he may have made a few statements he would like to take back, but haven't we all... Duane has left the building along with Hakan and Elvis so really what is the point of all this? |
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Post by Deleted on Aug 11, 2016 20:23:57 GMT -5
At some point a Duane Desisto may be a great addition,however for me it is tactically a mute point right now. We have a very competent commercial leader in Mike C. for re-launch, and Matt P. as CEO to continue to keep the finances tightly managed until Mnkd gains real traction. Another point to consider is when this launch is successful and I believe it will be, Mike and Matt will have led a substantial turnaround and will have a level of experience that is hard to put a value on. By the time we have the cash for a new CEO, it really may not be needed any longer and for multiple reasons. This. |
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Post by Deleted on Aug 11, 2016 20:30:19 GMT -5
Kent Kresa also knows a thing or two about transforming companies against all odds. And I do mean against ALL odds. If you ask me, this mirrors the work of Kresa.
Edited to say: Perhaps Kresa has been a great mentor to someone.
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DeSisto
Aug 11, 2016 22:21:22 GMT -5
via mobile
Post by bioexec25 on Aug 11, 2016 22:21:22 GMT -5
Kent Kresa also knows a thing or two about transforming companies against all odds. And I do mean against ALL odds. If you ask me, this mirrors the work of Kresa. Edited to say: Perhaps Kresa has been a great mentor to someone. Great point Mango. I know I sometimes discount the impact of the BOD in general. |
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