Genesis CEO Michael Moro Steps Down from Role

Genesis CEO Michael Moro steps down from role. "Effective today, Genesis CEO Michael Moro is stepping down and will continue to advise the company through the transition. Chief Operating Officer Derar Islim, Ph.D., who joined Genesis in 2020 and has overseen the development of strategy and key core functions, has been appointed interim Chief Executive Officer," the statement said. The company will also lay off 20% of its workforce.