NeoGenomics (NEO) Appoints Lynn Tetrault as Interim CEO

May 16, 2022 7:03 AM EDT

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NeoGenomics, Inc. (NASDAQ: NEO) announced the appointment of Lynn Tetrault, Esq., the current Executive Chair and Principal Executive Officer, as Chair of the Board and Interim CEO as of May 12, 2022.

Ms. Tetrault has been serving as Executive Chair since March when the Company's CEO agreed to step down. Ms. Tetrault was overseeing the Interim Office of the CEO to provide seamless leadership continuity and operational management of the Company while the Board conducts a search for the Company's permanent CEO.

"Lynn's leadership has been exceptional during this difficult period, and we have complete confidence in her as Interim CEO of the Company until we find the ideal candidate for the job. With Lynn serving as Interim CEO, we can streamline the management structure as we continue to execute our operational plans and create long-term value for all our shareholders. The external search for a new CEO is advancing well and is on track with our expectations," stated Michael Kelly, Lead Independent Director.

Ms. Tetrault, who has been a Board Member since June 2015, served as Lead Independent Director from 2020 to 2021 and was appointed Non-Executive Chair in October 2021. Previously, Ms. Tetrault served in a variety of executive roles at AstraZeneca PLC from 1993 to 2014 including Executive Vice President of Human Resources and Corporate Affairs from 2007 to 2014. Ms. Tetrault also serves as a Non-Executive Director of Rhythm Pharmaceuticals. Ms. Tetrault has an undergraduate degree from Princeton University and a J.D. from the University of Virginia Law School.

The Company also announced that Chief Strategy and Corporate Development Officer, Douglas Brown will be leaving the Company on May 27th to pursue other interests. Chief Financial Officer, William Bonello, and Chief Culture Officer, Jennifer Balliet, will continue to serve in their current roles.

"We're privileged to have a deep and experienced team at NeoGenomics. Over the past several months I have been able to work more closely with the team and I am impressed with their capability, commitment and the strong culture at the Company," said Lynn Tetrault, Chair of the Board and Interim CEO of NeoGenomics "Our management team has worked tirelessly in this early transition phase and I cannot thank them enough for their efforts. I'm excited to continue working with Bill, Jennifer and the entire management team as we continue to execute on our near-term operational plans. I would also like to thank Doug for his contributions to the Company and wish him the best in the future."

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