Back in February (see Feb. 25 item on this blog), the California stem cell agency was talking about having a permanent president by June. It is now close to the end of July, and the contract with the executive search firm expired at the end of May.
We have asked the agency about the status of the contract with Spencer Stuart and the presidential search, but have received no reply.
Obviously, there could be a number of reasons for not finding a new president. However, the agency is also seeking to hire a host of important top management executives, ranging from general counsel to communications director. Any new CEO would want to make those decisions and not inherit the baggage of whomever actually makes the decision.
However if the hirings are delayed substantially while the presidential search continues, it just takes that much longer for the agency to get itself firmly settled.
If CIRM chooses to speak to the search issue, we will let you know.
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