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Incentivizing the delivery of Amarin shareholder value

41 Comments

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Anonymous
6 years ago

John Thero WAS a good CEO when the company is small and working to survive FDA approval. But he is lousy at executing when the approval came, frequently give forecast that is disappointing, hire a big team for direct sales and not doing any optimization during the COVID-19 lockdown. In the midst of an appeal, wants to spend big money on main stream media. With the budget he ask for and the forecast he gave, anybody can do the job. What we need is a CEO who knows how to do sales and marketing aggressively, including using online channels and public speaking opportunities such as TED talks to promote the “Best drug for CV since statin discovery”. I Do Not have any confidence in him and wants him to go immediately.

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Kevin cogan
6 years ago

No confidence in management

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Ken T Kaliski
6 years ago

take your Form 4's and leave - the total lack of transparency for this this company is unbelievable given its issues.

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John Fauber
6 years ago

Pathetic leadership and outright crooks. The whole board needs to go, good riddance

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Amit
6 years ago

Signed

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William Klenk
6 years ago

Do something!

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Debra Thompson
6 years ago Featured

I agree with this petition for immediate removal of Thero. The lawsuit loss was the last straw. We apparently have the best now for the reversal. Why didn’t we have the best in the first place! His leadership is grossly lacking and this stock and shareholders demand better.

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Kent Richard
6 years ago Featured

I have been a loyal shareholder for 10 years. This has been a horrible roller coaster ride. I am bothered the most by how the executives are able to be compensated so much when the stock price is below $7. Where I work, bonuses are tied to profits not promises.

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Anonymous
6 years ago

vote no to all points in proxy

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Anonymous
6 years ago

Eliminate all share based compensation and replace it with cash bonuses based on sales and earnings milestones. You can link shares to the sale of the company.

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Kenneth Popek
6 years ago

One of the greatest products ever produced and almost no one knows about it. No salesman has been to see my doctor in two years. I went to my doctor's office and the brochures were from 2018, BEFORE approval as a heart attack preventer! No one answers the phone when you call the company. Stock based compensation is through the roof while shareholders are getting no return. Stock dropped to $4 and we didn't do a buyback? Are you kidding me? We diluted the shares at $18, and could have bought it all back for $4 a share, yet management did nothing. Last qtr we brought in $160 mil and still burned through the money in the bank.

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Robert Dukes
6 years ago

Leadership Failure at it's best time for a change ASAP!!

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Christopher Monroe Weikel
6 years ago

Fire Thero, fire Kennedy. File criminal complaints against them if feasible.

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Anonymous
6 years ago

You have miss managed s great product and destroyed my life savings in the process!

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Anonymous
6 years ago

Time for new leadership.

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Keith Furillo
6 years ago Featured

The fact that nobody in management has purchased a share at this price is insane! Here is an idea, take some of that 600m and buy back some of the float! Here is another idea, announce that you are moving forward with amr-102. Two pretty easy things that will generate shareholders value but since JT and management have tunnel vision on their one drug company nothing will get done.

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Anonymous
6 years ago

Patient for 7 years. Can't take any more! New management would certainly be very helpful to the stock price.

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Richard garvey
6 years ago

What a joke this stock and company has become! We need an activist investor involved! Everyone in this company is making millions, and the regular investors are getting screwed! What a disgrace

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Joseph Gerant
6 years ago

This petition is needed and warranted by managements lazy use and needs to be replaced and to have the correct incentives in place and not given options for doing a bad job.

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Stephen Bernard
6 years ago

John Thero is a greedy pig. He needs to go. All he does is funnel shareholders money into his pockets.