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

|By:, SA News Editor

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.