Moderna’s new CFO departs in first week in job | Financial Times
Jorge Gomez leaves vaccine maker after former employer launches probe into financial reporting
✒ Jorge Gomez, Moderna’s new CFO left the company a day after joining the company, after his former employer announced it had launched an investigation into financial reporting pertaining to the allegations that members of senior management directed to the use of incentives to achieve compensation targets.
Despite of the chaos caused, Gomez will take with him one year’s salary of $700,000.
Two points on corporate governance: (1) failure of due diligence in offering him the job; (2) no one deserves a severance payment after one day in a job, indeed the company should be compensated for the costs of hiring him instead.