Re: check with JB..but I think you are not right on Pehl.. Spot on JB!
Little to add to JB's and Polo's comments. High level executive departures are not uncommon when a consolidation takes place.
Reguarding talent levels, my interactions with Celgene management was limited to annual shareholder meetings and a few open lines of communications that evolved from there regarding investor communications suggestions. Whatever the case, the senior folks I did meet, with rare exception, were very bright from my "bio" deficient perspective.
I accept the release, as written.