Resignation follows shareholder discontent around Illumina's acquisition of cancer diagnostic startup Grail
Illumina CEO Francis deSouza resigned Sunday, weeks after the DNA sequencing company endured a proxy fight with activist investor Carl Icahn.
DeSouza also is stepping down from the San Diego company’s board of directors. He joined the company’s executive ranks in 2013 and was named CEO and board member in 2016. DeSouza and Epstein received significant shareholder support. And after the proxy fight, Illumina appointed two new independent board members, including new chairman Stephen MacMillan, the CEO of diagnostic company Hologic.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Illumina CEO Francis DeSouza resigns after battle with IcahnIllumina Chief Executive Officer Francis DeSouza stepped down on Sunday, the gene-sequencing machine maker said in a statement, ending a battle with activist investor Carl Icahn in which the company's chairman left the company earlier this year.
Read more »
Illumina announces CEO transition plan as Francis deSouza resignsIllumina announced its board of directors has accepted the resignation of CEO Francis deSouza Sunday.
Read more »
Thanks to this North Texas company, It's payday for student athletes - CEO SpotlightBrent Chapman, CEO of myNILpay, Inc. joins David Johnson on this episode of CEO Spotlight.
Read more »
Rep. Carl predicts Supreme Court redistricting ruling will lead to GOP sweep in AlabamaSouthwest Alabama’s representative in Congress has a message for Democrats: Be careful what you wish for. While Democrats expect to pick up a second House seat in Alabama after Thursday’s ruling by the U.S. Supreme Court requiring new district boundaries, Rep. Jerry Carl (R-Mobile) predicted it will backfire.
Read more »
OpenAI CEO Says He Loses Sleep Over Decision to Release ChatGPTOpenAI CEO Sam Altman is back at it again with yet another admission that he's fearful of ChatGPT and the AI future that he hath wrought.
Read more »
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’The SEC filed an official request with the U.S. District Court in Washington, D.C., for “alternative service” due to its purported inability to locate Binance CEO Changpeng Zhao.
Read more »