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Posted On: 09/05/2019 9:22:48 PM
Post# of 149124
In addition to voting against the compensation measures, I also voted to retain all directors, except Pourhassan.
My reasoning is that an independent director should be appointed to observe the performance of our CEO, among other things, and to weigh in on his compensation.
BTW misiu, Pourhassan's total compensation package is more than $1.5 Million, a 50% increase from last year.
I find such compensation, in the face of chronic dilutive raises, and multiple missed deadlines for virtually every program Cytodyn is involved in, to be unconscionable.
It is also troubling that Pourhassan has still not purchased any stock on the open market, despite preaching about the SP being much too low.
LM
My reasoning is that an independent director should be appointed to observe the performance of our CEO, among other things, and to weigh in on his compensation.
BTW misiu, Pourhassan's total compensation package is more than $1.5 Million, a 50% increase from last year.
I find such compensation, in the face of chronic dilutive raises, and multiple missed deadlines for virtually every program Cytodyn is involved in, to be unconscionable.
It is also troubling that Pourhassan has still not purchased any stock on the open market, despite preaching about the SP being much too low.
LM
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