LEHI, Utah, Aug. 09, 2016 (GLOBE NEWSWIRE) — Ancestry, the worldwide chief in household historical past and shopper genomics, at present introduced that Carla S. Newell is becoming a member of its senior management staff as Chief Legal Officer and General Counsel. Newell will lead the worldwide legal group, supporting privateness, safety, and danger administration initiatives as the corporate continues to broaden globally whereas accelerating the expansion of its excessive-demand shopper genomics providing. Newell is succeeding William Stern, who’s departing from Ancestry to pursue new enterprise alternatives.
Prior to becoming a member of Ancestry, Newell spent greater than a decade as Operating General Partner at Technology Crossover Ventures (TCV), a number one progress fairness investor, the place she led legal, investor relations and fundraising for the agency and its multi-billion greenback funds. Among TCV’s portfolio corporations are most of the world’s most profitable and recognizable shopper know-how manufacturers, together with Expedia, Facebook, Fandango, Netflix, Spotify, and Zillow. Most just lately she has served as an adviser and board member for quite a lot of early stage know-how corporations and funds.
“Carla is exactly the type of leader we need at exactly the right moment. The combination of our core family history and DNA products are unleashing incredible consumer interest in understanding what our genes and heritage can tell us about ourselves. Carla is going to play an instrumental role in helping us maintain our momentum while ensuring that everything we do is respectful of the trust consumers place in us,” stated Tim Sullivan, Chief Executive Officer of Ancestry. “Ancestry is breaking new ground in many areas, including the rapidly expanding category of consumer genomics, and her expertise will support the company as we continue to develop new innovations and technologies that help everyone, everywhere discover the story of what led to them.”
“I’m thrilled to join the company and help shape and support the company’s strategy to make self-discovery and family history more accessible to millions across the globe,” stated Newell. “I look forward to helping Ancestry define the rapidly emerging consumer genomics market while building on the foundation of customer trust that they have built over the past two decades.”
Newell has labored with corporations masking a variety of sectors together with cyber safety, enterprise software program and providers, ecommerce and social media, witnessing the evolution in enterprise fashions throughout these sectors and their impression on extra conventional companies. Additionally, Newell is an skilled in structuring and negotiating complicated enterprise, funding and strategic transactions, together with M&A. Prior to Technology Crossover Ventures she spent 15 years working with excessive progress know-how corporations as a Partner at two main know-how targeted law companies, Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP and Gray Cary Ware & Freidenrich. Newell earned a Juris Doctorate from The University of Michigan Law School and a B.A. in Political Science from the University of Chicago.
“I want to thank Billy for his service at Ancestry for the past seven years,” stated Sullivan. “He was at the helm of the legal department during unprecedented growth, including commencing trading as a public company, a series of acquisitions, sponsorship of multiple TV series including Who Do You Think You Are? and the launch of our AncestryDNA business. We’ll miss his humor and sharp mind and wish him the best of luck in his new opportunities.”
About Ancestry
Ancestry, the worldwide chief in household historical past and shopper genomics, harnesses the knowledge present in household timber, historic data, and DNA to assist individuals achieve a brand new degree of understanding about their lives. Ancestry has greater than 2.four million paying subscribers throughout its core Ancestry web sites and greater than 2 million DNA samples within the AncestryDNA database. Since 1996, greater than 18 billion data have been added, and customers have created greater than 80 million household timber on the Ancestry flagship website and its affiliated worldwide web sites. Ancestry provides a set of household historical past services together with AncestryDNA, Archives, ProGenealogists, Newspapers.com and Fold3.
CONTACT: MEDIA CONTACT: Brandon Borrman bborrman@ancestry.com (415) 795-6786
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