3 ms·
well the bar is "owning, operating, or directing" a lab. She can appeal and that would delay it.. but when this takes effect, it sounds like she's out.
by rgbrenner 10y ago
well the bar is "owning, operating, or directing" a lab. She can appeal and that would delay it.. but when this takes effect, it sounds like she's out.
- dcgudeman 10y agoBut does "operating a lab" mean the same thing as being the CEO of Theranos?
- iaw 10y agoYes.
- jacquesm 10y agoDitto 'owning'. Effectively this says 'Theranos as a company will not go anywhere until Holmes steps down, and after that the chances of it remaining in business are still extremely slim'.
- dragonwriter 10y agoSince "owning" and "directing" are there, and Holmes is not only CEO but also majority shareholder (and owning stock that gives her disproportionate control for her stock ownership), wouldn't she have to not only step down but also divest at least enough to no longer be either majority owner or have majority voting power?