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23andMe board quits over plans to take DNA testing company private

  • The 23andMe board of directors resigned, stating they differed on the company’s strategic direction and believed resignation was best for the company and its shareholders.
  • Anne Wojcicki expressed surprise and disappointment over the resignations and reaffirmed her commitment to taking 23andMe private.
  • Wojcicki stated that going private would enhance long-term success by reducing short-term pressures from public markets and emphasized her commitment to stakeholders.
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New York PostNew York Post

23andMe independent board resigns in feud over CEO Anne Wojcicki’s plan to take company private

All seven members of 23andMe’s board resigned on Tuesday after an unsatisfactory proposal from CEO Anne Wojcicki to take the company private.

·New York, United States
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CNBCCNBC

23andMe CEO Anne Wojcicki 'surprised and disappointed' by board resignations: Read the memo

In a memo to employees on Tuesday, 23andMe CEO Anne Wojcicki said the company will search for new directors.

·United States
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The HillThe Hill

23andMe board quits over plans to take DNA testing company private

All seven independent directors of 23andMe’s board resigned on Tuesday, citing disagreements over the chief executive’s plan to take the company private.   The departures leave just one sitting member of the board, its chair, Anne Wojcicki, who co-founded the genetics-testing company in 2006 and serves as its chief executive officer. Wojcicki submitted a proposal in late July to take the company private, after earlier expressing interest in acqu…

·Washington, United States
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LatestlyLatestly

23andMe Independent Directors Quit Board Over Strategic Disagreements With CEO Anne Wojcicki

The independent directors of 23andMe announced their resignation from the board, citing dissatisfaction with CEO Anne Wojcicki's take-private offer. Wojcicki, who has been attempting to take the company private since April, proposed acquiring all outstanding shares not owned by her or her affiliates for USD 0.40 per share in July. 📲 23andMe Independent Directors Quit Board Over Strategic Disagreements With CEO Anne Wojcicki.

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FortuneFortune

Every single member of the board just resigned from DNA tester 23andMe

CEO Anne Wojcicki said the mass exodus left her "surprised and disappointed."

·New York, United States
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KXANKXAN

23andMe board quits over plans to take DNA testing company private

(The Hill) — All seven independent directors of 23andMe’s board resigned on Tuesday, citing disagreements over the chief executive’s plan to take the company private.   The departures leave just one sitting member of the board, its chair, Anne Wojcicki, who co-founded the genetics-testing company in 2006 and serves as its chief executive officer. Wojcicki submitted a proposal in late July to take the company private, after earlier expressing int…

·Austin, United States
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