Seeking Alpha

Genetic Technologies (GENE -0.9%) slips this morning after the company names its COO and acting...

Genetic Technologies (GENE -0.9%) slips this morning after the company names its COO and acting Chief Executive Alison Mew as its permanent CEO, less than two weeks after its former head, Paul MacLeman - along with several other company executives - resigned. Last month Mr. MacLeman stepped down in protest after GENE's founder, Mervyn Jacobson, used his 29% stake in the company to block the re-election of Chairman Mel Bridges.
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