WaferGen Biosystems Inc. brought in a consultant to “provide strategic guidance” and said its CEO and president, Alnoor Shivji, quit those jobs Wednesday as “part of his transition to a new role as a consultant.”
Shivji will stay at Fremont-based WaferGen (OTCBB: WGBS) as chairman and the company will pay him as a consultant. He’ll also get $262,500 in severance and his stock options have vested.
The company hired Steve Lombardi, former president and board member at Helicos BioSciences Corp. (Pink Sheets: HLCS), “to work with management and provide strategic guidance.”
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