He&#x27;s the CEO of two companies.<p>In the case of Turing Pharmaceuticals he&#x27;s the CEO because he founded the company and it&#x27;s funded by his hedge fund buddies, who like him because they made a lot of money from his hedge fund MSMB, despite the hedge fund being a failure.<p>He&#x27;a also the CEO of KaloBios. In that case he bought, with the same buddies, 70% of the company stock. As the new majority shareholder he simply appointed himself CEO.