secwatch / observer
8-K filed March 24, 2025, 7:59 PM ET CIK 0001804591
other material confidence high sentiment negative materiality 0.95

Chrome Holding Co.: going-concern / distress — 23andMe files Chapter 11, CEO resigns, secures $35M DIP, $37.5M cyber settlement

Chrome Holding Co.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Joseph Selsavage

Interim Chief Executive Officer and Interim President
Chrome Holding Co.
Effective
2025-03-23
Filed
March 24, 2025, 7:59 PM ET
On March 21, 2025, following Ms. Wojcicki’s resignation and effective as of the Resignation Effective Time, the Board appointed Joseph Selsavage, the Company’s current Chief Financial and Accounting Officer, as Interim Chief Executive Officer and Interim President.
Departed

Anne Wojcicki

Chief Executive Officer and President
Chrome Holding Co.
Effective
2025-03-23
Successor
Joseph Selsavage
Filed
March 24, 2025, 7:59 PM ET
On March 21, 2025, Anne Wojcicki, the Company’s Chief Executive Officer and President, by mutual agreement between Ms. Wojcicki and the Special Committee, tendered her resignation as an officer of the Company to the Board, which such resignation was effective at 5:00 p.m., Eastern Time, on March 23, 2025
Appointed

Thomas B. Walper

Director
Chrome Holding Co.
Filed
March 24, 2025, 7:59 PM ET
On March 21, 2025, the Board increased the size of the Board from four members to five members (the “Board Increase”) in accordance with the Company’s Second Amended and Restated Bylaws and Certificate of Incorporation, as amended, and appointed Thomas B. Walper as a non-employee director of the Board

Key facts

Extracted from this filing and checked against the source text.

Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

Chrome Holding Co. entered chapter 11 in U.S. Bankruptcy Court for the Eastern District of Missouri (petition 2025-03-23).

Proceeding
chapter 11
Court
U.S. Bankruptcy Court for the Eastern District of Missouri
Petition
2025-03-23
Exact text from the filing
On March 23, 2025, the Company and certain of its subsidiaries listed on Exhibit 99.1 (collectively, the “Filing Subsidiaries” and, together with the Company, the “Debtors”) filed voluntary petitions (the “Bankruptcy Petitions”) seeking relief under Chapter 11 of Title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the Court (the “Chapter 11 Cases”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Selsavage was appointed as Interim Chief Executive Officer and Interim President at Chrome Holding Co..

Action
appointed
Role
Interim Chief Executive Officer and Interim President
Exact text from the filing
On March 21, 2025, following Ms. Wojcicki’s resignation and effective as of the Resignation Effective Time, the Board appointed Joseph Selsavage, the Company’s current Chief Financial and Accounting Officer, as Interim Chief Executive Officer and Interim President.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Anne Wojcicki resigned as Chief Executive Officer and President at Chrome Holding Co..

Action
resigned
Role
Chief Executive Officer and President
Exact text from the filing
On March 21, 2025, Anne Wojcicki, the Company’s Chief Executive Officer and President, by mutual agreement between Ms. Wojcicki and the Special Committee, tendered her resignation as an officer of the Company to the Board, which such resignation was effective at 5:00 p.m., Eastern Time, on March 23, 2025
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.9

Thomas B. Walper was appointed as Director at Chrome Holding Co..

Action
appointed
Role
Director
Exact text from the filing
On March 21, 2025, the Board increased the size of the Board from four members to five members (the “Board Increase”) in accordance with the Company’s Second Amended and Restated Bylaws and Certificate of Incorporation, as amended, and appointed Thomas B. Walper as a non-employee director of the Board
View on SEC.gov

1 distress & bankruptcy filed in the last 30 days. Browse all distress & bankruptcy →

Source: SEC EDGAR
accession 0001193125-25-060817
Machine-readable: JSON · Markdown · Plain text

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