Thursday, January 5, 2012

Geron exec leaves with severance, consulting package

Jane Lebkowski, one of four Geron Corp. executives to pull down six-figure bonuses late last month, left the company Dec. 31 with $368,500 in severance pay, 12 months of health care coverage and an extension on exercisable stock options.
Lebkowski, the Menlo Park-based company’s chief scientific officer, also entered into a two- to five-month consulting agreement with Geron (NASDAQ: GERN) that will pay $400 per hour, according to a company filing with the Securities and Exchange Commission.

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