Director Robert Baron Exercises Options

Here we go...8K released today.


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 22, 2017, Robert A. Baron notified OPKO Health, Inc., a Delaware corporation (the “Company”) that he was retiring from service on the Company’s board of directors (the “Board”), effective January 23, 2017. Mr. Baron previously served as a director of the Company since 2003. At the time of his resignation, Mr. Baron served on the Audit Committee and Compensation Committee and as Chair of the Corporate Governance and Nominating Committee of the Board.

Mr. Baron’s resignation is not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Dmitry Kolosov, an existing member of the Board, was appointed to the Audit Committee as a third independent director to temporarily fill the vacancy created by Mr. Baron’s resignation.

He is retiring. 

Duh, hellooooo? Baron..director since 2003?

Anybody care to guess when Frost came on the scene and created OPK from the near ashes of Exegencis (EXEG.OB)?

That would have been 2007....July of 2007 if memory serves.

So Baron was a stalwart holdover from the wreck of Exegenics.

And Baron exercised the options available to him just prior to his retirement from the BoD.

Truth be told, I'm could never happy when a Director departs or sells one share of stock at OPKO. And 76 isn't that old. But perhaps he has personal reasons, I'm hoping. Miami

It would be nice to get a major pharma CEO to sit on our board as a director. I think we would double on speculation.