"The high profile Trounson Affair focuses attention on CIRM’s potential revolving door problem that the agency needs to deal with. Randy Mills' pledge not to take a job with a company funded by the agency for at least a year after leaving is a good step. There should be such a formal policy covering all employees. “Serious thought should also be given to the implications of employees leaving for jobs with non-profit entities that CIRM has funded and what safeguards are necessary.”
“There must also be a deeper probe into Trounson’s relationship with StemCells Inc, and it its executives and directors. Margaret Prinzing’s report, a small step in the right direction, only looked back as far as May 1. Trounson’s relationship with StemCells Inc. since at least the beginning of 2012 should be examined and the investigation should be conducted by an entity not as closely tied to the agency as the Remcho, Johansen & Purcell firm. I think the Citizens Financial Accountability Oversight Committee, chaired by the state controller would do a good job."