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  "documentTitle": "Heska Corporation (HSKA)",
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      "kind": "callout",
      "text": "CEO Wilson continues to spend a portion of his time managing his Cuattro businesses. We are puzzled why Heska shareholders allow this distraction to persist when the Company is supposedly taking on a dominant incumbent (IDEXX), developing and launching new products, and expanding internationally?",
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      "kind": "callout",
      "text": "Let's be honest; Wilson is no Elon Musk or Jack Dorsey. And who is charged with policing his actual time allocation?",
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      "kind": "paragraph",
      "text": "Excerpt From CEO Wilson's New Employment Contract in Heska 8-K Filed 6/10/21",
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      "text": "Heska’s Board had the opportunity to more clearly and directly address CEO Wilson’s conflicts of interest as part of the recent negotiation of his new employment agreement dated 6/8/21. However, not only have they allowed the Cuattro distraction to persist, but new the agreement may be less restrictive (depending on “full time” versus “all efforts”) than the related terms in his 2014 employment agreement when he was first named CEO of the Company.",
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      "text": "Mr. Wilson is to devote full business time hours, as well as other such attention, skills, time and business efforts to the Company as are necessary to act as Chief Executive Officer and President; provided, however, that Mr. Wilson may perform part-time management activities for Cuattro, LLC, Cuattro Software, LLC, Cuattro Medical, LLC, and Cuattro Veterinary, LLC as long as such services do not interfere with Mr. Wilson's obligations to the Company.",
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      "kind": "paragraph",
      "text": "Our Chief Executive Officer has acknowledged outside business interests which may occupy a portion of his time. Mr. Wilson's employment agreement with us acknowledges that Mr. Wilson has business interests in Cuattro, LLC, Cuattro Software, LLC and Cuattro Medical, LLC which may require a portion of his time, resources and attention during his working hours. If Mr. Wilson is distracted by these or other business interests, he may not contribute as much as he otherwise would have to enhancing our business, to the detriment of our shareholder value.",
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      "kind": "paragraph",
      "text": "Risk Factor in Heska 2020 10-K",
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      "text": "(c) Obligations. During the Term of Agreement (as defined below), Executive will devote all of his business efforts and time (excluding vacation, absence due to illness and similar time off) as well as other such attention, skills, time and business efforts as are necessary to responsibly act as Chief Executive Officer and President of Heska; provided, however, that Executive may continue to perform part-time management activities for Cuattro, LLC, Cuattro Software, LLC and Cuattro Medical, LLC; provided, further, that such services do not adversely affect Executive's obligations to Heska. For the duration of the Term of Agreement, Executive agrees not to actively engage in any other employment, occupation or consulting activity, for any direct or indirect remuneration, without the prior approval of the Board or the Corporate Governance Committee of the Board; provided, however, that Executive may, without the approval of the Board or the Corporate Governance Committee of the Board, serve in any capacity with any civic, educational or charitable organization, provided, that such services do not interfere with Executive's obligations to Heska.",
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      "kind": "paragraph",
      "text": "Excerpt From 3/26/14 8-K Describing CEO Wilson's 2014 Employment Contract",
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      "kind": "source-note",
      "text": "Source: Heska 2020 10-K, Heska 8-K filed 6/10/21, Heska 8-K filed 3/26/14",
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      "text": "Despite the 2018 Transaction, Wilson Remains Conflicted",
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