People are Leaving in Droves This company is collapsing. President of Dialco left, Director or Sales left, Director of Manufacturing left, CRA for the DIMI trial just left.
Employees are able to read the writing on the wall and are heading out for significantly greener pastures. The CEO is collecting car allowance, year end cash bonus, RSUs, PSUs, options and a high salary to make his all in comp over $800k which is almost 50% of the yearly brought in revenue. Most other employees don't even get a year end bonus and can see the company is failing.
The best talent is jumping ship faster than they can replace them and bringing in an unseasoned VP to play dress up as a CFO isn't going to turn this sinking ship around.