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23andMe said it appointed three new independent directors to its board on Monday. Advertisement23andMe has appointed three new independent directors to its board following the mass resignation of all seven of its previous members last month. The seven previous board members resigned in September in a letter addressed to Wojcicki, citing the company's direction. Wojcicki shared a proposal to take 23andMe private in a July SEC filing, which was reviewed by a special committee formed by the board of directors. The special committee responded less than a week later, writing they were "disappointed" in the proposal.
Persons: 23andMe, , Andre Fernandez, Mark Jensen, Jim Frankola, Fernandez, Jensen, Frankola, Anne Wojcicki, Kimberly White, Wojcicki Organizations: Service, SEC, Deloitte, 23andMe Board, Company, Business Locations: American
23andMe appointed three new independent directors to its board, the company announced Tuesday, one month after all seven of its previous directors abrubtly resigned. Fernandez, Frankola and Jensen will all serve on the board's audit committee and compensation committee, the company said. The company's stock was trading around $5 on Tuesday morning. To help 23andMe explore potential paths forward, the previous independent directors on the company's board formed a special committee in late March. In the weeks following the board members' departures, Wojcicki has repeatedly said she remains committed to taking the company private.
Persons: Anne Wojcicki, Kelly Sullivan, 23andMe, abrubtly, Andre Fernandez, Jim Frankola, Mark Jensen, Fernandez, Frankola, Jensen, Wojcicki Organizations: Deloitte, 23andMe Board, Company Locations: ATHERTON , CALIFORNIA, Atherton , California
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