23andMe Declines as CFO Steven Schoch Intends to Resign (1)

(Adds share move starting in the first bullet, background on Selsavage in the first sub bullet, company statement in the fifth bullet)

• 23andMe Holding falls 7% premarket after the consumer genetics firm said that finance chief Steven Schoch plans to resign.
• The company appointed Joseph Selsavage, 59, as interim chief financial and accounting officer, pending an ongoing executive search
  • Selsavage has been serving as the chief financial officer of Lemonaid Health, which was acquired by 23andMe in 2021
• Schoch will cease to serve as principal financial officer and principal accounting officer as of Sept. 1
• He will stay ...