Friday, August 12, 2005

Latest on CIRM Presidential Search

Spencer Stuart, the executive search firm, is still hot on the trail of a permanent president for the California stem cell agency.

And they are working for free since their contract expired May 31 without the selection of a president.

The agency had hoped to have a permanent president by June. We have written several times about the still ongoing search for a new nabob, wondering about the status of Spencer Stuart (see "Looking for a New CEO" July 20 among others).

Our anxious suspense has now been relieved. Spencer Stuart decided to continue their efforts pro bono. Probably another tribute to what Fortune magazine has described as the super salesmanship of stem cell chairman Robert Klein.

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