Next, my hope is the same as yours.  What a bizzaro world where a biotech professional with the credentials of Sanjay Lakhotia works for someone like McCaffrey who from his profile not only has no biotech credentials but as a CEO has overseen massive erosion of value in two companies with very promising technologies and in the last four years has done almost nothing to solidify a financial path forward for either company. IMO other than criminal behaviour I'm not sure there are better reasons for a CEO to be fired.