Article 6QTVG All 23andMe board members but CEO resign over no adequate buyout offers

All 23andMe board members but CEO resign over no adequate buyout offers

by
Blake Montgomery and agencies
from on (#6QTVG)

The board has rejected both of Anne Wojcicki's buyout proposals to save the struggling genetics company

Seven of eight members of 23andMe's board have resigned in yet another blow to the struggling genetics company. The CEO is now the only remaining member.

The independent directors of the genetic testing firm said in a letter posted Tuesday that they were quitting the company's board after not receiving a satisfactory buyout offer from the CEO, Anne Wojcicki.

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