Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul class="summary-list"><li><keyword id="11901412" type="UNKNOWN" weightage="60" keywordseo="moderna" source="Orion">Moderna</keyword>'s CFO Jorge Gomez will be paid $700,000, despite spending only one day in his new job. </li><li>Gomez left after his former employer notified the <keyword id="11898795" type="UNKNOWN" weightage="60" keywordseo="sec" source="Orion">SEC</keyword> that it was investigating financial reporting.</li></ul><p>A senior executive will be paid $700,000 in severance, despite only spending a day in his new job at vaccine maker Moderna, reports suggest. </p><p>On Wednesday, the pharmaceutical giant announced that its chief financial officer, Jorge Gomez, had departed the company "effective immediately," following a disclosure by his former employer that it's investigating financial misreporting.  </p><p>Gomez formally began his role on Monday, a month after leaving his role as CFO at the dentistry manufacturer, <keyword id="13911983" type="UNKNOWN" weightage="60" keywordseo="dentsply-sirona" source="Orion">Dentsply Sirona</keyword>. Despite his early departure, he will still receive his annual salary of $700,000 as part of his severance package, <a href="https://www.businessinsider.com/reviews/out?u=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fmoderna-ousts-new-finance-chief-jorge-gomez-amid-probe-at-dentsply-11652272491%3Fmod%3Dpls_whats_news_us_business_f">the Wall Street Journal reported</a><a href="https://www.wsj.com/articles/moderna-ousts-new-finance-chief-jorge-gomez-amid-probe-at-dentsply-11652272491?mod=pls_whats_news_us_business_f">,</a> quoting Moderna. He will, however, forfeit his $500,000 signing bonus, per the report. </p><p>It's extremely rare for an executive to leave a firm within such a short period. Listed firms go to great lengths to properly vet candidates, as part of their due diligence. The process can take many months and usually involves background checks. The nature of Gomez's departure poses questions over how rigorously this process was performed. </p><p>Moderna told the FT that it was made aware of the internal investigation, following Dentsply's disclosure, made in a filing to the US Securities and Exchange Commission (SEC) on Tuesday. </p><p>In March 2022, Dentsply's board of directors began an investigation into allegations surrounding the financial reporting of the use of incentives to sell its products, as well as the disclosure of the impact on sales, according to the <a href="https://www.sec.gov/Archives/edgar/data/818479/000081847922000046/a1q2022form12b-25.htm" target="_blank" rel="noopener noreferrer">filing</a>.</p><p>The audit committee is also investigating "former and current members of senior management" over allegations that they used these incentives to affect executive compensation.</p><p>The investigation does not name Gomez specifically. In <a href="https://news.dentsplysirona.com/en/corporate-news/2022/dentsply-sirona-provides-corporate-update--john-groetelaars-name.html">April,</a> Dentsply terminated its former CEO Donald Casey and removed him from the board, but did not disclose why. </p><p>Gomez's predecessor, David Meline, will resume his position while the firm searches for a replacement, <a href="https://investors.modernatx.com/news/news-details/2022/Departure-of-Jorge-Gomez-and-Continuation-of-David-Meline-as-Chief-Financial-Officer/default.aspx">Moderna said in a statement</a>. </p><p>Gomez was expected to play a key role in the drug maker's ESG and sustainability efforts as it enters a new phase of growth following the commercial success of its <a href="https://www.businessinsider.com/moderna-asks-emergency-authorization-coronavirus-vaccine-under-6-2022-4">mRNA COVID-19 vaccine.</a></p><p>Moderna, Dentsply, and Gomez are yet to respond to Insider's request for comment, which was made outside of US <keyword id="6355515" type="UNKNOWN" weightage="60" keywordseo="business" source="Orion">business</keyword> hours. </p>

A Moderna exec will be paid $700,000 despite leaving his job after 1 day, a report says

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span><a href="https://www.flickr.com/photos/glowjangles/4078101854">Flickr / Joe Van</a></span></p></div><p></p></div></div>It's been a tough first quarter for mergers and acquisitions bankers, but a handful of firms have managed to keep busy.</p><p>Some of the smallest M&amp;A shops have done particularly well for themselves.</p><p>Evercore Partners, Centerview Partners, and Moelis &amp; Co. brought in the most revenue among boutique banks in the first quarter of 2016, according to Dealogic.</p><p>Evercore earned $144.2 million in M&amp;A revenues, with a 2.9% share, while Centerview earned $123 million and Moelis earned $94.6 million.</p><p>The Q1 revenue numbers include deals that were announced in earlier quarters.</p><p><span>The numbers are especially impressive when one considers the size of these firms. Evercore had about 1,000 employees in 2013, while Centerview employs </span><a href="http://www.businessinsider.com/centerview-partners-is-top-mergers-acquisitions-boutique-2015-12">between 200 and 225 people</a><span>. Moelis has about 650 employees.</span></p><p><span>The pool of senior staff is small still. Evercore lists around 80 senior managing directors in corporate advisory globally on its website, putting revenue per senior MD at around $1.75 million in the first three months of the year. </span></p><p><span>At Centerview, there are 30 partners listed on the website, meanwhile, putting revenue at around $4 million per partner over the first quarter. </span></p><p>Evercore's revenues came from their work on Avago's $36 billion deal for Broadcom, Abbott's deal for Alere, and Shire's deal for Dyax, among others.</p><p>Centerview worked on Johnson Controls' bid for Tyco International, the group of investors including Mondelez International's deal for Keurig Green Mountain, and Mylan's bid for Meda.</p><p>Moelis, meanwhile, worked on Dentsply International's deal for Sirona Dental Systems, Zoomlion's bid for Terex, and CVC Capital and Canada Pension Plan's deal for Petco, among others.<div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="Dealogic" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5703e1e752bcd05b008bacbd-960/screen shot 2016-04-05 at 12.02.51 pm.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>Dealogic</span></p></div><p></p></div></div></p><p>Despite the boutique banks' relatively small sizes, all three of the top firms ranked among the top firms for global M&amp;A revenue in Q1 as well.</p><p>Evercore ranked no. 8 overall, while Centerview ranked no. 12 and Moelis ranked no. 14.</p><p><div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="Dealogic" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5703e4c79105841d008bac76-960/screen shot 2016-04-05 at 12.15.18 pm.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>Dealogic</span></p></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/james-altucher-credit-card-debt-banks-collection-agencies-money-2016-3">James Altucher makes an argument for not paying back your credit card debt</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="BkcXMxMjE6Bup_Af4Q_V_Mw61FafoNfk" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

A lot of people are going to get rich(er) at these small Wall Street firms

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span><a href="https://www.flickr.com/photos/glowjangles/4078101854">Flickr / Joe Van</a></span></p></div><p></p></div></div>It's been a tough first quarter for mergers and acquisitions (M&amp;A) bankers, but a handful of firms have managed to keep busy.</p><p>Some of the smallest M&amp;A shops have done particularly well for themselves.</p><p>Evercore Partners, Centerview Partners, and Moelis &amp; Co. brought in the most revenue among boutique banks in the first quarter of 2016, according to Dealogic.</p><p>Evercore earned $144.2 million in M&amp;A revenues, with a 2.9% share, while Centerview earned $123 million and Moelis earned $94.6 million.</p><p>The Q1 revenue numbers include deals that were announced in earlier quarters.</p><p><span>The numbers are especially impressive when one considers the size of these firms. Evercore had about 1,000 employees in 2013, while Centerview employs </span><a href="http://www.businessinsider.com/centerview-partners-is-top-mergers-acquisitions-boutique-2015-12">between 200 and 225 people</a><span>. Moelis has about 650 employees.</span></p><p><span>The pool of senior staff is small still. Evercore lists around 80 senior managing directors (MD) in corporate advisory globally on its website, putting revenue per senior MD at around $1.75 million in the first three months of the year.</span></p><p><span>At Centerview, meanwhile, there are 30 partners listed on the website, putting revenue at around $4 million per partner over the first quarter.</span></p><p>Evercore's revenues came from its work on Avago's $36 billion deal for Broadcom, Abbott's deal for Alere, and Shire's deal for Dyax, among others.</p><p>Centerview worked on Johnson Controls' bid for Tyco International, the group of investors including Mondelez International's deal for Keurig Green Mountain, and Mylan's bid for Meda.</p><p>Moelis, meanwhile, worked on Dentsply International's deal for Sirona Dental Systems, Zoomlion's bid for Terex, and CVC Capital and Canada Pension Plan's deal for Petco, among others.</p><p><div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="Dealogic" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5703e1e752bcd05b008bacbd-960/screen shot 2016-04-05 at 12.02.51 pm.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>Dealogic</span></p></div><p></p></div></div></p><p>Despite the boutique banks' relatively small sizes, all three of the top firms ranked among the top companies for global M&amp;A revenue in Q1 as well.</p><p>Evercore ranked No. 8 overall, while Centerview ranked No. 12 and Moelis No. 14.</p><p><div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="Dealogic" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5703e4c79105841d008bac76-960/screen shot 2016-04-05 at 12.15.18 pm.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>Dealogic</span></p></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/james-altucher-credit-card-debt-banks-collection-agencies-money-2016-3">James Altucher makes an argument for not paying back your credit card debt</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="BkcXMxMjE6Bup_Af4Q_V_Mw61FafoNfk" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

You Searched For "dentsply sirona" and got 3 results

A Moderna exec will be paid $700,000 despite leaving his job after 1 day, a report says

Stephen Jones

A lot of people are going to get rich(er) at these small Wall Street firms

Portia Crowe

A lot of people are going to get rich(er) at these small Wall Street firms

Portia Crowe

Popular Keywords

Buying Guides