Seeking Alpha

Sequenom announces management changes

  • Sequenom's (SQNM) CEO, Harry Hixon, to retire on June 10, the date of the company's annual shareholders meeting.
  • William J. Welch, President and COO, will replace him.
  • Dr. Hixon will continue to serve as Chairman of the Board, pending reelection at the June meeting.
  • Dirk van den Boom, PhD, promoted to Chief Scientific and Strategy Officer.
  • Paul V. Maier, CFO, will also retire at the annual shareholders meeting. Carolyn D. Beaver, VP and Chief Accounting Officer will replace him.
  • Press release
Comments (3)
  • Richard0623
    , contributor
    Comments (106) | Send Message
     
    Hmm. Hard to read into this that both the CEO/CFO are leaving the company after all these difficult years right before they 'expect' to be cash flow positive. Only time will tell if this spells larger issues or concerns or just two guys sick of the daily rise and grind
    6 Mar, 08:05 AM Reply Like
  • Ken_Davis_Ohio
    , contributor
    Comments (2) | Send Message
     
    This stock has been an absolute dog with fleas. So many had touted HH as the man to bring the company back to life, its ashamed he was not able to do it. I dont see them making it in the long haul.

     

    Ken D.
    Ohio
    7 Mar, 10:13 AM Reply Like
  • Ken_Davis_Ohio
    , contributor
    Comments (2) | Send Message
     
    This stock has been a dog with fleas and now the man (HH) who was supposed to be the savior is bailing? This can't be good.
    7 Mar, 10:13 AM Reply Like
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