Allied Minds' co-CEOs and chairman are under pressure from activist investor Crystal Amber despite having only taking their posts in June 2019.
Investment firm Crystal Amber has demanded board changes at life sciences-focused commercialisation firm Allied Minds in a bid to wind down the latter’s portfolio, The Times reported yesterday.
The firm has brought forward a second requisition motion that would remove Michael Turner and Joseph Pignato – appointed co-chief executives on the removal of Jill Smith at Crystal Amber’s behest in June 2019.
Crystal Amber will also seek to replace chairman Jeff Rohr – also appointed in…
