For­mer Warp Speed chief agrees to pay GSK back $3.9M fol­low­ing sex­u­al ha­rass­ment

Glax­o­SmithK­line’s long­time R&D chief Mon­cef Slaoui agreed to pay $3.86 mil­lion to his for­mer com­pa­ny as part of claw­back pro­vi­sions the com­pa­ny un­der­took to re­coup past stock in­cen­tives af­ter the dis­graced for­mer Op­er­a­tion Warp Speed leader apol­o­gized for the dis­tress he caused fol­low­ing sex­u­al ha­rass­ment charges.

“Fur­ther to the al­le­ga­tions no­ti­fied to the Group in Feb­ru­ary 2021 in re­spect of Dr Mon­cef Slaoui, a for­mer Ex­ec­u­tive Di­rec­tor of the com­pa­ny, the Com­mit­tee ex­er­cised its dis­cre­tion and ap­plied the claw­back pro­vi­sions un­der the Re­coup­ment Pol­i­cy in re­spect of past stock in­cen­tives re­ceived by Dr Slaoui,” GSK said in its an­nu­al re­port on Fri­day. “In De­cem­ber 2021, Dr Slaoui agreed to re­turn to the Group $3,860,090 in the form of cash un­der the Re­coup­ment Pol­i­cy.”

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