Dr. Gupta received an offer she couldn't refuse! After the "success" of NTM and CF in such a short period of time, someone with deep pockets offered her a major new position with the caveat that she could remain as an advisor to Mr. Lewis. No one gets dismissed and then gets to remain on board as an advisor. Insmed is fortunate that Dr. Gupta continues to advise! We are full steam ahead with both NTM and CF, and now that a double-bottom has formed (or is forming), the stock is setting up for a major break-out, IMO.
Without going back and reading the announcement again I do not believe anything was said as to where Dr. Gupta was going. It just said she would continue to be an advisor to Lewis and the company was searching for a new CMO.