Seeking Alpha

In shakeup, Amarin names new CEO

  • Amarin (AMRN -4.6%) names John Thero CEO effective January 1.
  • The company says the move follows "communication to the Board by Joseph Zakrzewksi of his intention to retire as CEO and Chairman."
  • The board's leading independent director Lars Ekman will become Chairman. (PR)
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Comments (2)
  • 1ralphlabr
    , contributor
    Comments (5) | Send Message
     
    Sure I could retire if I were Joe Z and never look back if I took my company, with all the shareholders money, for some 5 to 10 million dollars. This is an example someone not having a sense of duty to all the stakeholders. Too bad in the civil suite we can't put someone like Joe Z in jail for at least 10 years to life. Maybe that is the reason why he didn't like answer questions during conference calls. Now for the new guy to take the helm is he going to get a salary in the millions?

     

    We'll get screwed again! Some future? in Amarin
    16 Dec 2013, 12:15 PM Reply Like
  • tobingj
    , contributor
    Comments (104) | Send Message
     
    Are you serious. JZ is not specifically to blame for this. He has progressed in a situation where it is all stacked against AMRN101.
    There is a growing public awareness of the farcical actions of the FDA. The Adcom was recorded!
    There is now a well established campaign highlighting the issues involved in the meeting of the 16th October 2013. This campaign is being driven by concerned doctors and indivuals looking for a safe product to supplement statin use and decrease risk of CVD. Visit the site http://bit.ly/17GJ1ts for lots of details on the studies Vascepa was compared against. The EPAdrugInitiative is a great source of scientific arguments for approval of AMRN101.
    18 Dec 2013, 06:09 AM Reply Like
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