| CEO Name | Mark Platt |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Mark Platt, current CEO of Recombinetics, has an estimated net worth of around $5 million due to his executive compensation, equity holdings in the privately held biotech company, and decades of leadership roles in the life sciences industry. This valuation reflects both salary and stock-based incentives typical for biotechnology CEOs of similar company size and funding stages.
Mark Platt, CEO of Recombinetics, has an estimated net worth of $5,000,000, positioning him at approximately 5.9% of the veterinary business category's maximum estimated CEO net worth of $70,000,000. His net worth is five times the minimum estimated ($1,000,000) for CEOs in this sector.
Business Category: Veterinary
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 70000000 USD
Mark Platt Performance in Recombinetics
Mark Platt, CEO of Recombinetics, demonstrates strategic leadership by driving innovation in gene editing and biotechnology applications. His decisive approach emphasizes collaborative decision-making and operational efficiency, significantly enhancing the company's research capabilities and market positioning. Under Platt's leadership, Recombinetics has expanded its product pipeline and secured key partnerships, resulting in accelerated growth and industry recognition.
Latest News
**Recombinetics, Maker of Gene-Edited Hornless Bulls, Files for Bankruptcy Amid Financial Losses**
The Eagan-based gene-editing company Recombinetics, known for developing hornless dairy bulls, has filed for Chapter 11 bankruptcy after reporting a net loss of over $2.6 million between January and August and $7.7 million in total liabilities as of August 2024. Trans Ova Genetics has offered to acquire all assets for $4.1 million to avoid liquidation, with CEO Rocco Morelli highlighting the bid's importance in ongoing business continuity. http://www.startribune.com/recombinetics-engineered-hornless-dairy-bulls-its-now-filing-for-bankruptcy/601180278
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