Neptune puts employees, including certain key executives, on mandatory unpaid leave of absence beginning february 23, 2024

Laval, qc / accesswire / february 26, 2024 / neptune wellness solutions inc. ("neptune" or the "company") (nasdaq:nept), today announced that it has placed certain employees on a mandatory unpaid leave of absence effective february 23, 2024 in connection with a rapid cost cutting and restructuring effort, as a result of the company's previously disclosed ongoing financial concerns. among the employees placed on mandatory leave are michael cammarata, president and chief executive officer, and john wirt, executive vice president and chief legal officer, both of whom are under employment contracts (the terms of which have been previously disclosed).
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