Comments on: Amgen Board Thumbs Its Nose At Shareholders http://www.pharmalot.com/2008/06/amgen-board-thumbs-its-nose-at-shareholders/ News, Comment and Conversation Thu, 18 Mar 2010 09:45:26 +0000 http://wordpress.org/?v=2.6.2 By: Paul Morand http://www.pharmalot.com/2008/06/amgen-board-thumbs-its-nose-at-shareholders/#comment-359204 Paul Morand Tue, 10 Jun 2008 19:09:00 +0000 http://www.pharmalot.com/?p=14043#comment-359204 I have read enough criticism of Amgen's management to make me question my continued ownership of Amgen shares. I can understand the problems the company has had over the past two years. But I can't understand -- or tolerate -- the arrogance of a management that says, in effect, we're right and everyone else is wrong. Perhaps it's time to shift my investment in biotechnology to a company with a better DNA. I have read enough criticism of Amgen’s management to make me question my continued ownership of Amgen shares. I can understand the problems the company has had over the past two years. But I can’t understand — or tolerate — the arrogance of a management that says, in effect, we’re right and everyone else is wrong.

Perhaps it’s time to shift my investment in biotechnology to a company with a better DNA.

]]> By: roccaas http://www.pharmalot.com/2008/06/amgen-board-thumbs-its-nose-at-shareholders/#comment-359199 roccaas Tue, 10 Jun 2008 18:31:04 +0000 http://www.pharmalot.com/?p=14043#comment-359199 As an Amgen employee I am deeply torn by the continuing high handedness of the BOD and the Exec. Suite. My immediate supervisors and my business unit are staffed by caring, aggressive, smart business people. We are let by prevaricators, deniers, and "plantation" mindset-we know what is best for you. I know what is best for us is to fire the whole BOD and Exec. Suite and get some real business people and Scientists back in charge of things. General Lafayette gave General Washington a set of keys to the Bastille as a gift. Perhaps it is time for our own Bastille day. As an Amgen employee I am deeply torn by the continuing high handedness of the BOD and the Exec. Suite.

My immediate supervisors and my business unit are staffed by caring, aggressive, smart business people.

We are let by prevaricators, deniers, and “plantation” mindset-we know what is best for you.

I know what is best for us is to fire the whole BOD and Exec. Suite and get some real business people and Scientists back in charge of things.

General Lafayette gave General Washington a set of keys to the Bastille as a gift.

Perhaps it is time for our own Bastille day.

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