Welcome back employee, here is what you have missed:

We have a new CEO, his name is Carl. However, this information is not to be mentioned to anyone outside of the company, including interns and junior employee
(anyone who has worked less than 60 days at D.E.A.D).
He will be taking over the duty of overseeing project time, although it won't be changing direction yet, it's secrecy will change. The 'anti ager' drug will be discontinued for the time being.