Post by
Sandinista on Jun 08, 2021 6:40pm
New concerns
In your consideration of voting for the board members of IMV, see the links at the bottom of this post.
A concerned shareholder, wanting change for better results, is recommending that shareholders vote 'withhold' for the chairman of the board Andrew Sheldon and Julie Gregory of the compensation committee. I may also vote to withhold support for the other members of the compensation committee, listed on the company website. Underperformance is no longer an option. This is the golden era of vaccines, IMV needs to rise and meet the opportunity.
The FIRST news release by the Concerned shareholder is here (copy and paste):
https://www.globenewswire.com/news-release/2021/06/01/2239544/0/en/Concerned-Shareholder-Vote-Withhold-at-IMV-Annual-Shareholder-Meeting.html
The SECOND news release, documenting all of the missed deadlines, is here:
https://www.globenewswire.com/news-release/2021/06/04/2242300/0/en/Concerned-Shareholder-Provides-Update-and-Outlines-Additional-Concerns.html
Another news release is below, where IMV's communications director is claiming that they have already made changes to the board by adding new members. Note, adding new board members (presumably with new skills to advance the company) is not the same as removing those that have not preformed to expectation.
https://www.saltwire.com/atlantic-canada/business/roger-taylor-disgruntled-halifax-shareholder-demands-changes-to-imvs-board-100595892/
Comment by
gardy on Jun 09, 2021 12:49am
What I have been saying all along. Overpaid for basically empty promises. This company has lost it's direction because of inept managment. Gardy
Comment by
Lambom on Jun 09, 2021 8:21am
Yep. Good wake up call for them. Good time for change and get back on track. Too many missed deadlines Just not acceptable.