Wednesday, February 1, 2012

Former Geron CFO gets $750K severance, $400-an-hour consulting gig

Longtime Geron Corp. employee David Greenwood, who served as interim CEO for seven months last year, received a lump sum severance payment of $750,000 and a two- to five-month consulting deal that will pay him $400 an hour.
Greenwood, who had been with Geron (NASDAQ: GERN) in various jobs since 1995, left the Menlo Park-based drug development company at the end of last year. He was appointed interim CEO on the departure of Thomas Okarma in February 2011.

1 comment:

  1. Very generous severance package considering the state of the economy.

    cfo consulting