By Robin Itzler
Editor's Note: This is one of the commentaries selected from Robin's weekly newsletter Patriot Neighbors. Any cartoons appearing will have been added by me. If you wish to get the full edition, E-mail her at PatriotNeighbors@yahoo.com to get on her list, it's free. RK
Andrew Dudum is the founder and CEO of Hims, a publicly traded company that initially started in 2017 by selling treatments for erectile dysfunction and male hair loss. Soon after, he launched the female-centric Hers brand for birth control and libido-increasing drugs. Dudum thinks pro-Hamas, pro-terrorist protests are fantastic, which is why he is “eager to hire” anti-Israel protestors. Dudum posted:
“If you’re currently protesting against the genocide of the Palestinian people & for your university’s divestment from Israel, keep going. It’s working.”
Dudum went on to post:
“There are plenty of companies & CEOs eager to hire you, regardless of university discipline.”
Dudum added a link to job openings at his firm. Maybe Dudum doesn’t care what happens to his company, but as CEO he has a fiduciary responsibility that includes not making statements that reduce the value of its stock. Does he care as he sold a lot of shares back in March. On March 21, 2024, Investing.com reported:
Andrew Dudum, Chief Executive Officer of Hims & Hers Health, Inc. (NYSE:HIMS), has sold a total of 50,361 shares of the company's Class A Common Stock, according to a recent SEC filing. The transaction, which took place on March 20, 2024, amounted to over $823,000 at an average weighted price of $16.3431 per share.
The shares were sold at varying prices ranging from $15.86 to $16.575, as noted in the filing's footnotes. This sale was executed under a Rule 10b5-1 trading plan, which Dudum had adopted on November 29, 2023. Such plans allow corporate insiders to sell shares over a predetermined period of time, providing a defense against potential claims of trading on inside information.
One of the Patriot Neighbors readers sent a letter to Dudum saying:
I read in the news today that you find the “moral courage” of anti-Semitic campus protesters exemplary and worthy of your employ. That is most certainly your prerogative. You can hire anyone you want for any reason and are certainly entitled to support the protesters, as well as have a personal opinion about October 7th, its aftermath, and the current defensive action Israel is taking, in accordance with the UN Charter, to prevent further aggression and annihilation. But, like the campus protesters, you are not entitled to your own facts........
Once you praised students for “protesting against the genocide of the Palestinian people” and demanding university “divestment from Israel,” you became an agent of dis- and misinformation. Do you understand that chants to destroy Israel from the River to the Sea, are a call to action to murder the 8 million Jews living in Israel? Those are the people you call "morally courageous" and to whom you claim allegiance!.......
Following Dudum’s posts announcing his desire to hire pro-terrorist college graduates, Hims and Hers lost $210 MILLION in stock value in ONE day when this was reported. Within a few days, CEO Dudum partially walked back some of his statements. Of course, Dudum says his comments were misunderstood. (Didn’t Nazis at Nuremburg say the same thing?)
If you would like to share your thoughts with CEO Dudum:
Email: press@forhers.com; press@forhims.com -
Phone: 800-368-0038 -
Write: 4616 W. Howard Lane, Suite 960. Austin, TX 78728
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