Natera Appoints Steve Chapman As CEO

(RTTNews) - Natera Inc. (NTRA), Wednesday said it has appointed Steve Chapman as Chief Executive Officer, effective today.

The company also appointed Robert Schueren as Chief Operating Officer, effective January 7, 2019.

Previously, Chapman was the company's COO and will succeed Matthew Rabinowitz, Natera co-founder and CEO. Rabinowitz will remain integrally involved as Executive Chairman focusing on the company's long-term business strategy and technology innovation.

These executive changes are in line with the Board and Rabinowitz's long-term succession planning," said Natera Board Member Roelof Botha, representing Sequoia Capital.

"We've clearly established a leading position in reproductive health genetic testing with more innovations planned, and have developed cutting-edge technology in oncology and organ transplantation," Rabinowitz said.