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  "documentTitle": "Sarissa Capital | Activist Presentation Deck | 95 slides",
  "authorId": "sarissa-capital",
  "authorName": "Sarissa Capital",
  "documentKindSlug": "activist-deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2023-06-01 00:00:00",
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  "pageNumber": 75,
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  "notes": "Uses a pyramid metaphor where the CEO is at the top and directors are at the base; includes a caricature of the CEO with a crown.",
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      "kind": "diagram",
      "text": "Pops and not independent directors led NomGov discussions with Sarissa for years; Pops reportedly soliciting votes during quiet period prior to filing proxy materials; Board providing Pops' lucrative compensation despite performance; Alkermes' culture of overpromising and underdelivering; Board has allowed Pops to empire build -> years of excessive spending with no coherent business strategy",
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      "text": "Directors holding up pyramid",
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      "kind": "title",
      "text": "Board appears to have insufficient oversight of Pops",
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      "beatName": "Expose Contradiction",
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      "evidence": "The document repeatedly exposes contradictions in Alkermes' strategies and performance",
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      "position": 3,
      "objective": "To break down the issues with Alkermes' governance and operations",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
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