23andMe files for bankruptcy, Anne Wojcicki steps down as CEO
Anne Wojcicki has resigned from her role as chief executive effective immediately, though she will remain a member of the board.


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Anne Wojcicki has resigned from her role as chief executive effective immediately, though she will remain a member of the board.

23andMe, which helped popularize ancestry tracing through genetic testing, filed for bankruptcy protection and will seek a sale.

The company filed for Chapter 11 bankruptcy to "facilitate a sale process.†Its chief executive stepped down and said she would bid on it.

The company said that it will now attempt to sell itself under the supervision of a court.

23andMe said it filed for filed for Chapter 11 bankruptcy protection to help the company sell itself and that co-founder and CEO Anne Wojcicki had resigned.

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