Published 09/19/2024 3:15:07 p.m.

23andMe’s independent board directors resign

Summary by medtechdive.com

In a letter to CEO Anne Wojcicki, the directors said they’d resign “rather than have a protracted and distracting difference of view with you” about the company’s future.

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Daily Mirror

Board upheaval at 23andMe as all independent directors exit over CEO's privatisation plan

The resignations mark the latest challenge for the genetic-testing company after it struggled to find a profitable business model and was hit with a class-action lawsuit over a data breach

09/19/2024 9:53:50 p.m.·London, United Kingdom

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Washington Times

Independent directors resign from 23andMe board after opposing move to privatize

The seven independent members of the board of personal genomics company 23andMe quit Tuesday amid opposition to CEO Anne Wojcicki's plan to take the company private.

09/19/2024 4:41:38 p.m.·United States

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Dataconomy

23andMe board of directors resign, leaving CEO ‘surprised and disappointed’

The sudden resignation of all seven 23andMe board of directors has sent shockwaves through the company. CEO Anne Wojcicki expressed her surprise and disappointment, stating that she remains committed to taking the company private. The departure highlights a critical rift between Wojcicki and the 23andMe board of directors, who have a clear disagreement on the company’s strategic direction. Why did 23andMe board of directors resign? 23andMe, a ge…

09/20/2024 9:28:00 a.m.

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medtechdive.com

23andMe’s independent board directors resign

In a letter to CEO Anne Wojcicki, the directors said they’d resign “rather than have a protracted and distracting difference of view with you” about the company’s future.

09/19/2024 11:37:10 a.m.

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healtheconomics.com

23andMe Board Exodus: Directors Resign Amid CEO's Privatization Push

The independent board directors of 23andMe have resigned due to a disagreement with CEO Anne Wojcicki over the company’s future. This follows Wojcicki’s plan to take the company private amid a steep decline in stock price since its initial public offering. The directors cited Wojcicki’s strong voting power and felt their resignation was in the best interest of shareholders, avoiding a prolonged conflict over the company’s direction. Despite the …

09/19/2024 5:44:09 p.m.

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Breitbart

Epic Silicon Valley Failure: Entire 23andMe Board of Directors Resigns

In a stunning collapse of leadership for the former Silicon Valley darling 23andMe, all seven independent members of the DNA testing company's board of directors resigned en masse this week, leaving CEO Anne Wojcicki as the sole remaining board member. The post Epic Silicon Valley Failure: Entire 23andMe Board of Directors Resigns appeared first on Breitbart.

09/19/2024 3:15:07 p.m.·United States

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