Originally published at: Moderna's new CFO lasted only 1 day, but reportedly still gets to take his $700,000 salary | Boing Boing
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It’s just standard policy. The same applies for factory workers who are fired on day 1 because they failed a drug test, right? Right? …Hello?
He won’t be the only one “leaving” the company. Someone seriously screwed up to miss whatever shady financial dealings were bad enough to force out the CFO of a major pharma company after one day.
This.
I’d also bet that Moderna’s lawyers are currently looking for any cracks they can find in this guy’s contract to claw that money back. If he lied to them, they likely have grounds for voiding the contract.
Must be nice, I’ve been working my whole xenniel adult life and haven’t passed the $700K mark yet.
Ah, the system is working perfectly.
Less CFO, and more GTFO.
I might as well apply now. I don’t have a financial background, but if they’re not checking …
Wrong way to spin it, try:
“I can assure you I have been involved in zero financial scandals! My record is clear!”
They were not necessarily public, so they may not have been something one could find with normal due diligence.
Or there’s a headhunter who’s checking their professional indemnity policy right now…
Moderna’s former CFO, David Meline, will fill in until the biotech company finds another, hopefully less expensive employee to take over the role.
I’ll do it for $500,000.
There’s the makings of a movie right there, with Owen Wilson playing the hapless, slacker protagonist who through a case of mistaken identity lands the CFO role, and Jack Black playing the conniving director who tries to exploit the situation to his own ends.
It practically writes itself…
You should apply to CALPERS
At $700,000 a day, he still made less than Jeff Bezos did that day.
I think that’s a “The Hudsucker Proxy” remake.