January 23, 2017 3:47 AM ET

Biotechnology

Company Overview of Veracyte, Inc.

Company Overview

Veracyte, Inc. operates as a molecular diagnostics company. It develops and delivers molecular cytology with genomic solutions that resolve diagnostic ambiguity and enable physicians to make informed treatment decisions at an early stage in patient care. The company also offers Afirma Thyroid FNA Analysis solution for use in thyroid cancer diagnosis; cytopathology testing services; and the Afirma Malignancy Classifiers, which comprise the genomic tests for medullary thyroid cancer and BRAF V600E mutation status. In addition, it engages in developing the Percepta Bronchial Genomic Classifier, a gene expression test to identify patients with lung nodules who are at low risk of cancer following...

6000 Shoreline Court

Suite 300

South San Francisco, CA 94080

United States

Founded in 2006

192 Employees

Phone:

650-243-6300

Key Executives for Veracyte, Inc.

Co-Founder, Chairman, Chief Executive Officer and President
Age: 58
Total Annual Compensation: $457.0K
Chief Operating Officer
Age: 47
Total Annual Compensation: $383.0K
Compensation as of Fiscal Year 2015.

Veracyte, Inc. Key Developments

Veracyte, Inc. Announces Board Changes

Veracyte, Inc. announced that Kevin K. Gordon, former chief operating officer of Quintiles Transnational Holdings Inc., has been appointed to the company's board of directors. Veracyte announced that Brian Atwood, who has served as director and chairman since the company's founding, has elected to step down from the board. Concurrently, Bonnie Anderson, Veracyte's president and chief executive officer, has assumed the additional role of chairman of the board and John L. Bishop will become the lead independent director. All changes are effective as of December 12, 2016.

Veracyte Announces Executive Changes

Veracyte has appointed Keith Kennedy as chief financial officer. Kennedy, the former president and chief executive officer of MCG Capital Corp. will join Veracyte effective December 6, 2016. He will succeed Shelly Guyer, who earlier this year announced her plan to step down as CFO and who has continued in the role to ensure a smooth transition. Kennedy joins Veracyte with over 20 years of executive experience in finance. As president and chief executive officer of MCG Capital, Kennedy led strategy and operations for the publicly held commercial finance company and assumed various board roles and oversight responsibilities for its portfolio companies in health care and other industries.

Veracyte, Inc. Appoints Keith Kennedy as Chief Financial Officer

Veracyte, Inc. announced the appointment of Keith Kennedy as chief financial officer. Mr. Kennedy, the former president and chief executive officer of MCG Capital Corporation, will join Veracyte effective December 6, 2016. He will succeed Shelly Guyer, who earlier this year announced her plan to step down as CFO and who has continued in the role to ensure a smooth transition. Mr. Kennedy joins Veracyte with over 20 years of executive experience in finance. As president and chief executive officer of MCG Capital, Mr. Kennedy led strategy and operations for the publicly held commercial finance company and assumed various board roles and oversight responsibilities for its portfolio companies in health care and other industries.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 25, 2016
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