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Stock impact report

Meet the CFO tasked with cleaning up the huge mess at bankrupt 23andMe [Fortune]

Spire Global, Inc. Class A (SPIR) 
US:NASDAQ Investor Relations: spireenergy.com/investors
Company Research Source: Fortune
The company announced on Sunday that it voluntarily filed for Chapter 11 proceedings in the U.S. Bankruptcy Court for the Eastern District of Missouri, with the goal of finding a buyer that can maximize what's left of its business. CEO Anne Wojcicki has resigned, in a mutual agreement with the company, and will continue to serve as a member of 23andMe's board. It now falls to the company's chief financial and accounting officer, Joe Selsavage, to take on the role of interim CEO. Selsavage joined 23andMe in November 2021 through the acquisition of Lemonaid Health, where he was also CFO. He has over 25 years of experience in accounting and finance across multiple organizations. As temporary CFO, the mess he inherits includes the fallout from a Read more
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