The California Stem Cell Report

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The California Stem Cell Report
$150,000 Buyout at Stem Cell Agency in Management Shuffle

$150,000 Buyout at Stem Cell Agency in Management Shuffle

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David Jensen
Jul 29, 2011
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The California Stem Cell Report
$150,000 Buyout at Stem Cell Agency in Management Shuffle
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Even minor reorganization of an enterprise can come at a price. At the California stem cell agency, rejiggering its financial management generated a $150,000 buyout for the vice president of operations.

The payment was made when the position was eliminated and a new financial management structure created, shifting more authority to the office of the chai…

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