Affymetrix announces Chairman and Founder Stephen Fodor to retire from board Affymetrix announced that Founder and Chairman, Stephen Fodor will retire from the company’s board effective January 30, 2015. The board elected Jami Nachtsheim as Chairwoman of the company’s board, succeeding Fodor. Nachtsheim has served as a director of the company since 2010 and the company’s lead independent director since 2013.
Affymetrix downgraded to Neutral from Outperform at RW Baird Baird downgraded Affymetrix to Neutral from Outperform citing reduced risk/reward. Baird maintains its $11 price target on Affymetrix shares.