23andMe's CEO Anne Wojcicki 'Disappointed' at Board Shakeup
23andMe's CEO Anne Wojcicki 'Disappointed' at Board Shakeup as All Seven Independent Directors Resign
All seven independent directors of 23andMe resigned from the board, citing disagreements with CEO Anne Wojcicki regarding the company’s strategic direction. Wojcicki expressed "disappointment" in the resignations but reaffirmed her commitment to taking the genetic-testing company private despite a rejected proposal in July.
23andMe directors resign as the CEO of the genetic-testing company seeks to take it private
All of 23andMe’s independent directors have resigned from its board in a rare move that marks the latest challenge for the genetic-testing company.
23andMe independent board resigns in feud over CEO Anne Wojcicki’s plan to take company private
All seven of 23andMe’s independent board members resigned in a stinging rebuke to a proposal by CEO Anne Wojcicki’s plans to to take the company private. Wojcicki, who has been trying to take the company private since April, proposed to acquire all outstanding shares of 23andMe not owned by her or her affiliates for $0.40 per share, in July.
23andMe boss Anne Wojcicki now 'open to considering' third-party takeover
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23andMe’s independent directors quit in clash with CEO over buyout plan
The directors said the decision comes after months of work that failed to result in an actionable plan that meets the interests of non-affiliated shareholders.
Fast Company8mon
anne wojcicki
The Marketing Challenge of $99 DNA Testing Company 23andMe Cofounder Anne Wojcicki talks about the quest to make simple, affordable genetic testing a part of everyday life. The $126 million ...
BBC10mon
Good genes? The sisters who put the rest of us to shame
This week we speak to Anne Wojcicki ... jokes that "you won't know the day you are going to die" - they can "tell us about risk factors". She adds: "Our life expectancy is this beautiful ...
Morningstar3d
23andMe's independent directors quit in clash with CEO over buyout plan
Co-Founder and CEO Anne Wojcicki has failed to offer an actionable ... raising nearly $600 million as its stock shot 21% higher on its first day of trading. But consumer demand for its ...
The Washington Post2d
Turmoil strikes 23andMe as board members resign in dispute with founder
Seven independent members of the company’s eight-person board resigned Tuesday, concluding that despite co-founder and CEO Anne Wojcicki’s ... the proposal the next day, saying it offered ...
Yahoo Finance1d
Every single member of the board just resigned from DNA tester 23andMe
Following a monthslong battle over CEO Anne Wojcicki’s plans to take 23andMe ... Its price on IPO day was $10; so far in 2024, it has yet to reach a $1 valuation. Following the resignation ...
The Business Journals3d
23andMe boss Anne Wojcicki now 'open to considering' third-party takeover
Sep 12, 2024, 9:22am EDT Updated: Sep 12, 2024, 9:47am EDT Kimberly White/Getty Images for Breakthrough Prize 23andMe CEO Anne Wojcicki ... like many others in the life sciences research and ...
Reuters4d
THE ANNE WOJCICKI FOUNDATION
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
Read the memo 23andMe's cofounder sent to staff after the entire board quit
Me's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to take it private.