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  "docSlug": "jarvis-sarissa-amarin-presentation-february-2023",
  "documentTitle": "Sarissa Amarin Presentation February 2023",
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  "presentationDate": "2023-02-01 00:00:00",
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  "pageNumber": 31,
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  "notes": "Uses color-coded blocks to categorize governance failures; includes a specific callout box questioning management's performance metrics.",
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      "kind": "callout",
      "text": "By what reasonable metric?",
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      "kind": "callout",
      "text": "Given their history, Amarin leadership’s words are not worth much",
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      "text": "Coddling management team despite NUMEROUS missteps: Under Karim’s watch, Amarin returned -64% just in 2022 alone. Chairman Per Wold-Olsen still states: “...Our assessment is that this team is delivering”",
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      "text": "Shareholders are not represented on the Board: Amarin added 7 directors in the past 2 years and NONE of them are shareholder representatives",
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      "text": "Directors do not have skin in the game: Unlike shareholders, the directors were largely granted shares, not purchased on the open market. Despite the stock trading down to ~$1/share, Amarin directors personally purchased few shares",
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      "kind": "list",
      "text": "A culture of shifting blame and moving goalposts: From delays in European launch, to international approvals including Puerto Rico, to mischaracterization of their engagements with Sarissa, shareholders want a board that holds the management team accountable",
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      "kind": "title",
      "text": "Let Amarin’s actions speak louder than their words",
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