Sirona Biochem Corp V.SBM

New ceo please

[SleepyHoward]

Now that you become a professionell company please change the ceo to bring the trust back to the shareholders. 

That is the only way to get a better shareprize

[biorun]

I would presume the Sirona Laboratories subsidiary would have a new CEO attached to that organization. So we wait to see what they come up with re equity raise, and then essentially: 1067: this is led by Allergan/AbbVie senior leadership 1326: this would be led by new Sirona Laboratories CEO Other pipelines under Sirona Laboratories - same So in essence, we may see more of the execution control

[forhandlaren]

I agree that a new CEO would be great, but it will not happen before sales cashflow has been established. Simply put - the company cannot afford it yet, but maybe in the autumn 2025. Therefore I hope that Sirona Laboratories will appoint someone who can deliver some real financial value. The upside with a financial partner will be requirements beyond the current CEO capabilities so a change is

[Turtle4]

Don't shout too loudly for a new ceo. You know the company, they always manage to surprise in a negative way. In the end it will be someone who previously had PRC Partners on their CV...

[biorun]

If they don't have a budget item for at least 1-2 years of a CEO salary for Sirona Laboratories then they are not thinking straight. Any equity partner would very likely insist on seeing someone in the chair, and perhaps even participate on the selection.

[forhandlaren]

Perhaps I didn't make myself clear. The parent company will most likely not be able to afford a new CEO until autumn 2025. The subsidary Sirona Laboratories should be able to afford an operational leader of some flavour. It's in the best interest of the financial partner and the shareholders of the parent company.

[tylerreddick]

The AbbVie deal was supposed to solve all of our financial problems. Apparenty that was bs.

[Transperance]

Tyler, We don’t know, so we can only speculate. My speculation is that the Abbvie 1067 Right of first refusal terms gave them an advantage in the deal negotiation. If I recall it correctly, Abbvie co-financed, or perhaps even financed, the clinical study and I think Sirona had to pay more than expected for that financing later on in the 1067 deal terms. Looking forward, there are no such Right

[tylerreddick]

" I think this was a lesson learned. " If Howie is still learning lessons, he needs to be gone.

[lscfa]

Shareholders are paying for mgmt's expensive education while they attend keggers and play beer pong.