The Illumina Shareholder Votes Are In, And Nobody Got What They Wanted
Carl Icahn was successful in ousting Illumina’s chair, however its CEO, Francis deSouza remains. Both analysts and investors believe this could further encourage Illumina to divest Grail.
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The genome-sequencing giant has named Jacob Thaysen, who brings extensive experience from Agilent, as its new leader.
The company is shrinking its work force and real estate footprint in a bid to save money.
Francis deSouza resigned as CEO and chairman of Illumina just a few weeks after winning the support of shareholders. General counsel Charles Dadswell will take over as interim CEO.