Uncle Rolli Greer & I have been discussing this for a few weeks. As promised: Here is our Eleven-Point blueprint to make Karyopharm Therapeutics Inc. (KPTI) GREEN AGAIN! We need Richard to step down as CEO - Richard's problem is a great one. HE HAS HIRED THREE FUTURE CEOS: Reshma, Sohanya Cheng, and Stuart Poulton. They are all excellent Leaders and ready. Richard needs to focus on running the Board the Right Way - I am volunteering to buy more shares with Uncle Rolli to help oust the Director with the LEAST AMOUNT OF SHARES. The BOD at KPTI is TERRIBLE. The stock is down from $40 a share ten years ago! We need to relaunch the whole damn company.
If Richard steps down, then Reshma is "most ready" to replace him as she lives closes to Boston, has been CMO & head of Research for years now, and is an excellent public speaker. My investment banking buddies LMK that Reshma is being targeted by other companies as an "Upcoming CEO". So, KPTI might lose Reshma - and the company will COLLAPSE WITHOUT HER! My friend Tomer Mark is ready to be CMO.
Sohanya is next on my org chart to replace her. Sohanya knows the Commercial aspect as well as anyone, but the company is NOT PREPARED for the three potential phase 3 launches. It is still operating as Karyopharm 2.0 - Uncle Rolli and I have the plan for 3.0 right here.
Stuart Poulton is also excellent and a future CEO. He NEEDS to bring back the Phase 2 Glioblastoma program. It may cost $25M but is WORTH IT to see if XPOVIO® (selinexor) HCP can Cure Glioblastoma - or at least help patients that have few other options. Selinexor penetrates the blood-brain barrier. IT IS ESSENTIAL OR I WILL SELL EVERY SHARE I OWN - not many, but enough.
We need to hire a new CFO from Takeda Oncology or Incyte - Mike Mason was excellent but his last day is on November 5th per the company's own releases. I want this to be a shareholder vote soon. The next earnings call is in mid-November. Let's see what happens by Thanksgiving 2024.
Currently, KPTI has executives fly all over - this is unnecessary post-COVID. I want my friend Steve Ferrari MS, MBA to be promoted to Chief Operations Officer and assume control of HR, IT, Commercial & Medical Operations, and Pharmaceutical Sciences.
KPTI becomes KaryoPharm Therapeutics (KPT)!
The KPTI BOD Needs Me more than I need them.
Global HC Analytics LLC, Jeff's Brands (JFBR), and Pineapple Energy (PEGY - its CEO Scott Maskin is EXCELLENT & the opposite of TSLA CEO Elon Musk).
I would also like to figure out how to fix my family nonprofit, The CN&C Environmental Fund, given its setbacks. Nonprofits are harder to run than companies.
We'll see what happens. My team has this info. Reza Ganjavi, I see you work with aluminum. I have plans for Aqua Metals, Inc. and fixing recycling to help the United States Air Force Academy in Colorado.
BR,
~Jeff Conroy
Go Boston Celtics! I used to live near Marshfield High School as a kid. I loved the forests. 🌎 🏈 😎