Exscientia Announces Departure of CEO Andrew Hopkins Amidst Allegations of Employee Relationships

Exscientia, a leading artificial intelligence drug discovery company, revealed on Tuesday that founder and CEO Andrew Hopkins has been terminated from his position following an investigation into his involvement in relationships with two employees.

The termination, effective immediately and for cause, comes after an inquiry concluded that Hopkins’ conduct was deemed inappropriate and inconsistent with the company’s standards and values. While no specifics about the employees or relationships were disclosed, the investigation found no evidence of financial misconduct.

The board of directors is actively searching for Hopkins’ successor. In the interim, Chief Science Officer Dave Hallet has been appointed as the interim CEO and interim principal executive officer. Hallet will also serve as an executive director on the Exscientia board.

In response to the termination, Exscientia emphasized that Hopkins’ actions did not impact the company’s financial statements or internal controls. Hopkins’ employment agreement stipulates that termination for cause entails no entitlement to payment or claims against the company for damages. Hopkins has declined to comment on the matter through his representation.

The fallout from the investigation extends beyond Hopkins. Board Chairman David Nicholson, who had prior knowledge of one of the relationships, addressed the matter independently, leading to his resignation following discussions with other board members. A search for Nicholson’s replacement is underway, with Elizabeth Crain appointed as his interim replacement.

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