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DepoMed Inc. Message Board

  • acricketeer acricketeer Apr 4, 2011 1:51 PM Flag

    Was The Appointment of a DEPO Director Done in a Moment's Notice?

    Did someone storm out of the room. Is the CEO a temporary or an interim position? What kind of contract is in place? Still waiting for an 8K instead of a press release.

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    • It would seem that as of Friday CP was still in charge as there was no change announced regarding the Needham conference. This morning's conference call started at 5:00 am local time, the same time the Depo presentation at Needham was scheduled to begin. Circumstances suggest that the resignation must have been made over the weekend.

      Whether it was a push or a jump remains to be seen - that it was a sudden fall there can be little doubt.

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