Initially was suprised from the press release that Beall would also be leaving the Board of Directors...
Now per the 8K it is learned that he is entitled to two years of severance pay. I had initially thought this was a retirement move as he is retirement eligible and has a very large payment due under the supplemental pension plan.
Any thoughts on why he is receiving such a generous package - is his departure involuntary?
As a current shareholder I hope the individuals from Becker Drapkin are fully engaged and involved in the transition as they have acquired their shares in a manner similar as other shareholders.