Unethical, money spent irresponsibly, lies to staff, EC and board members. Corrupt CEO & CFO - Executive Assistant NovaBay Employee Review

1.0
17 Aug 2014
Recommend
CEO approval
Business outlook

Pros

In general, the staff is pleasure to work with.

Cons

Pay: Extremely Below Current Market Value Ethics: Ron Najafi, CEO, is known to host dozens of "business dinners" dinners multiple times a month. All these business dinners just happen to be located in the small city where Ron resides. Inappropriate behavior considering the NovaBay's current business state - or lack thereof. Forcing users to take time out of their day to attend a ceremony Persian New Year is not only offensive, but insulting. If the CEO wants to celebrate Persian New Year, the reset of the staff should be allowed to celebrate their version of new year. We tried setting up a program that would allow us to be more diverse, but the CEO found it to be a "productivity waster." How is attending Persian New Year acceptable, yet attending celebrations from other nationalities a productivity waster. While not easily offended, Ron tends to bring 'God" into meetings and not in a good way. He's made statements such as "If you can't figure it out, get God on the phone!" This happens during company meetings regularly. CEO insists on buying supplies from his other company that is run by his wife when NovaBay can save at least 50% (actual number) buy purchasing supplies from another party. All this does is pad the CEO's pocket, twice. Since his wife "runs" the Cplabsafety, they are essentially being paid twice over. How is this not a SOX violation. How can this be legal? If not illegal, it's in a poor taste and ethics. - Un-ethical conduct at corporate level: CEO & CFO full of lies to employees. CEO is all about taking care of himself, but puts up a façade that he cares about employees. - CFO, Tom Paulson, is nothing more than a yes man that does his absolute best to ensure the CEO keeps him employed. The term "brown nose" is an understatement. The CFO loves to spend company funds on non-work related items. Jawbone bracelet that measures sleep patterns, - Extremely poor example of a leader. Favoritism within the EC and board members. - CEO micro manages every aspect of the company. - Job Security - I was constantly threatened with termination if I did not bring the CEO a chocolate chip cookie every morning upon his arrival. Yes, a cookie. - Terrible communication and poor execution of projects with current business partner, Galderma. - Company Ownership needs to change hands. Current ownership is taking what use to be a good company and running it into the ground.

Explore other reviews about NovaBay

5.0
30 Mar 2020
Recommend
CEO approval
Business outlook

Pros

It's a good place to be at

Cons

Management was very very nice

1
5.0
5 Oct 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I had a privilege of working at NovaBay for the last 9 years. The culture at NovaBay is friendly and comprised of multi-talented employees with unique blend of expertise. Over 15 years, NovaBay has grown from a small private pharmaceutical company into a public company with products on the market. There is a lot of potential to grow and develop within the company, talent and efforts are always recognized and rewarded. People are willing to help and you really feel part of a team! The success of the company is due in large part to the leadership of Founder and CEO Dr. Ron Najafi. Ron created a work environment that motivates everyone to achieve their goals. His ability to innovate and think outside the box is constantly applied to creating new products and growing sales of products on the market. He and his management team have taken the company through IPO and raised money through investment and partnerships to put products on the market. NovaBay is a great company with an exciting future!

Cons

The work is challenging with a need to balance multiple responsibilities. I see this as an opportunity to learn and grow while sometimes this can be stressful. Small pharmaceutical company is always a risky business until it becomes profitable. Compared to other small biotech and pharma companies, NovaBay is close to achieving this goal with products already on the market and sales growing rapidly.

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