Gary roughead theranos board
After retirement, Roughead became a board member of Theranos, a now-defunct privately held health technology company known for its false claims to have.!
But Shultz and former U.S. Navy admiral Gary Roughead, who were board members at the time, say they never questioned Holmes about the reports.
U.S. Navy Adm. Gary Roughead (left) and former U.S. Secretary of State George Shultz
Scientific and advisory boards can be a major asset for startups looking to rapidly grow, gain funding, and steer clear of the many hazards on the road ahead.
But that assumes the board members know what they’re doing and that they’re kept in the loop.
Theranos had a remarkably well-established board, with former U.S. generals, senators, and two ex-Secretaries of State.
Yet as new court documents unsealed by the Wall Street Journal reveal, they weren’t equipped to understand the science and the Theranos management team didn’t try to educate them.
The documents are based on the depositions of two former board directors; retired U.S.
Navy Admiral Gary Roughead and former U.S. Secretary of State George Shultz. Both advised Theranos (on paper at least) during the critical years when reports of its “breakthrough” blood test technology turned to allegat