Gen-Probe declines Mae Jemison's resignation from Board of Directors



Diagnostic test provider Gen-Probe Inc. said late Thursday it will not accept the resignation of board member Mae Jemison aftMacro running ...er she failed to receive enough votes for re-election. The company said it believes Jemison's failed re-election was the result of a recommendation by advisory firm Institutional Shareholder Services that shareholders vote against her due to poor attendance, according to a filing with the Securities and Exchange Commission. The committee determined that two absences in 2006 were for valid reasons and said Jemison had attended all regular and special board and committee meetings since September. Astronaut Mae Jemison, the first Afro-American woman in space, served as a Peace Corps Medical Officer in Sierra Leone.

Gen-Probe declines Mae Jemison's resignation from Board of Directors

Gen-Probe Declines Director Resignation

Friday July 20, 8:24 am ET

Gen-Probe Declines Board Member Jemison's Resignation After She Fails to Be Reelected

NEW YORK (AP) -- Diagnostic test provider Gen-Probe Inc. said late Thursday it will not accept the resignation of board member Mae Jemison aftMacro running ...er she failed to receive enough votes for re-election.

The company said it believes Jemison's failed re-election was the result of a recommendation by advisory firm Institutional Shareholder Services that shareholders vote against her due to poor attendance, according to a filing with the Securities and Exchange Commission.

Jemison submitted her resignation immediately after the May 31 annual stockholders meeting, in accordance with Gen-Probe bylaws.

The company's nominating and corporate governance committee decided on July 6 to recommend that the board decline Jemison's resignation due to several factors, including her previous board contributions and historical attendance record.

The committee determined that two absences in 2006 were for valid reasons and said Jemison had attended all regular and special board and committee meetings since September.

Gen-Probe's board decided on July 17 to decline Jemison's resignation.

Jemison did not take part in the committee or board talks or the decision on her resignation, the filing said.

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When this story was posted in July 2007, this was on the front page of PCOL:




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