Beleaguered Monash IVF CEO Michael Knapp resigns days after second embryo mix-up plagues company
CEO of Monash IVF Michael Knapp has resigned two days after the fertility clinic mistakenly transferred the wrong embryo into a patient, the second incident for the company in months.
On June 5 the Clayton fertility clinic, in Melbourne's south-east, admitted to wrongly giving a patient her biological embryo, instead of her partners as planned.
"Monash IVF has extended its sincere apologies to the affected couple, and we continue to support them," the company said in a statement on the ASX on Tuesday.
The company said it was conducting an internal investigation into the incident, and comes just months after it revealed that one of its patients had given birth to a stranger's child in a shocking embryo mix-up that made headlines across the country in April.
In a statement to the ASX on Thursday, Monash IVF said it had accepted the resignation of current Chief Executive Officer and Managing Director Michael Knapp and that the board 'acknowledges and respects his decision'.
'Since his appointment in 2019, Michael has led the organisation through a period of significant growth and transformation, and we thank him for his years of dedicated service,' the statement read.
Mr Knapp has occupied the role since 2019 after being appointed interim CEO in 2018 and was formerly Monash IVF Group's chief financial officer and company secretary.
The company said its current Chief Financial Officer and Company Secretary, Malik Jainudeen, would be appointed as his replacement.
'Monash IVF Group Chief Financial Officer and Company Secretary, Malik Jainudeen has been appointed as Acting Chief Executive Officer," the statement said.
Mr Knapp's departure comes a day before the Australian health ministers meeting in Melbourne, with IVF regulation set to dominate discussion after the damaging mishap.
This is a developing story. More to come.
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