Exhibit 99.1
Invitae appoints technology and medtech veteran Roxi Wen as chief financial officer
SAN FRANCISCO, June 11, 2021 — Invitae (NYSE: NVTA), a leading medical genetics company, today announced the appointment of Roxi Wen as its chief financial officer, effective June 21, 2021. Wen brings decades of success as a senior financial executive where she scaled global technology and medical technology companies.
“We’re delighted Roxi will be joining our team. Her track record of driving growth, financial management and execution of unique business models in the U.S. and international markets across technology and life science settings is well suited to our goals,” said Sean George, Ph.D., co-founder and chief executive officer of Invitae. “In addition to her expertise, Roxi shares our team’s passion to deliver genetic information improving healthcare for patients worldwide.”
Wen comes to Invitae from Mozilla Corporation, where she served as CFO for the past two years, leading a transformation covering all aspects of the business, driving capital allocation, building analytics capability, restoring profitability and leading revenue diversification. In that role, she oversaw finance and accounting, M&A, business development, data and analytics, IT and engineering operations, workplace resources, and sustainability. Prior to Mozilla, Wen served in CFO roles at Elo Touch Solutions, a global innovator and leader in touch screen systems, and General Electric Critical Power following experience driving capital market and business finance efforts at Medtronic, a leading medical technology company. Roxi is a CFA charterholder and has a MBA from the University of Minnesota.
As previously announced, Shelly D. Guyer, Invitae’s current chief financial officer, will now focus full-time on the company’s Environment, Social and Governance (ESG) efforts, which were detailed in the publication of Invitae’s first-ever ESG Annual Report in March 2021.
“Shelly has been instrumental in Invitae’s growth as she led us through a tenfold increase in revenue, from a company valuation of $400 million to over $6 billion, while raising over $3 billion of capital in the process to fuel our ability to achieve our most important marker of success: growing from helping tens of thousands of patients to over 2 million as of a few weeks ago,” said Dr. George. “With Roxi’s arrival, Shelly will now shift to focus exclusively on leading our ESG efforts, a central priority for Invitae, our team, our customers and our investors. She has long been interested in amplifying our ESG efforts, and I’m pleased this important effort is in her capable hands.”
