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23andMe's CEO Anne Wojcicki 'Disappointed' at Board Shakeup as All Seven Independent Directors Resign
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All seven independent directors of 23andMe resigned from the company’s board Tuesday, a move that CEO Anne Wojcicki said left her “surprised and disappointed,” according to a memo to employees. Wojcicki, who co-founded 23andMe in 2006, said she remains committed to taking the company private. | CNBC
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Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection to initiate the process of selling off its assets, while the troubled firm’s co-founder Anne Wojcicki—who was attempting to take 23andMe private—stepped down from her role with the intent to become an outside bidder for the asset sale. Read more: http://on.forbes.com/618302Fd7 | Forbes
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