Robert Klein II, chairman and initiative kingpin of California's stem-cell research agency, has stepped down. Given our assessment of Klein's imperious operating style, you might think that champagne corks would be flying. That is not the case.
Although Klein no longer is acting in an official capacity, the oversight board of the California Institute for Regenerative Medicine decided last week to choose a successor with ties to Klein. To make matters worse, this new chairman Los Angeles bond financier Jonathan Thomas will be paid nearly $400,000 for the job.
CIRM already has a president earning half a million dollars yearly, and a vice chairman Democratic Party operative Art Torres who receives $225,000 annually.
Although Thomas comes with an impressive background in the financing world, his salary adds to a management overhead that already is excessive at CIRM. Moreover, it perpetuates a dual-executive arrangement at CIRM that is unusual for a scientific institute and inevitably create conflicts.
It could have turned out differently. State Controller John Chiang had nominated a cardiologist and businessman named Frank Litvack to chair the institute.
Litvack had more scientific background than Thomas, and he had offered to do the job at a greatly reduced salary. But Thomas' nomination was pushed by Treasurer Bill Lockyer, Gov. Jerry Brown and Lt. Gov. Gavin Newsom no doubt with some behind-the-scenes lobbying from Klein.
CIRM is in trouble. It has poured billions into research grants, but is running out of money and has shown itself to be inept at basic governmental functions. Oversight board members are frustrated that basic information about grants and board decisions can't get posted on the institute's website in a timely manner. Members of the public are even more frustrated.
Can Thomas bring a new culture to CIRM? If he can, it might just might justify his salary.
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