This happened to my local YMCA. They couldn't keep a CEO because they were doing slight of hand accounting. They were taking grants designed for one dept, and using it to pay bills in another dept.
The grant didn't specifically state they couldn't do that, but the grant did state what they were supposed to spend the money on, and that wasn't happening.
No CEO would sign off, they just quit as soon as they did an audit. Last I was paying attention it was 4 CEO's.
This happened to my local YMCA. They couldn't keep a CEO because they were doing slight of hand accounting. They were taking grants designed for one dept, and using it to pay bills in another dept.
The grant didn't specifically state they couldn't do that, but the grant did state what they were supposed to spend the money on, and that wasn't happening.
No CEO would sign off, they just quit as soon as they did an audit. Last I was paying attention it was 4 CEO's.
He's not named in the report though this whole thing seems quite peculiar https://www.businessinsider.com/moderna-executive-paid-700000-despite-leaving-job-tenure-c-suite-2022-5
Thank you for sharing the article! I completely misunderstood from the screenshot.
Yeah it's confusing. Main take away for me was: they "prequalify" applicants
Bloomberg: https://archive.ph/icX3p
Fierce Pharma: https://archive.ph/GqkNX
Fox Business News: https://archive.ph/xMjD3