Yet again, we’re sliding through the busy week with several corporate shake-ups in the cannabis industry.
General Cannabis Names New CFO, Shakes Up Board
General Cannabis Corp (OTCQB: CANN) opted for a change in its finance leadership, naming Diane Jones CFO.
Jones sharpened her accounting and financial skills while serving in executive roles in several publicly-held companies across multiple industries.
During her career, she served as Corporate Controller for the Americas at Cardino, and Worldwide Controller, and Senior Director of Shared Financial Services at Arrow Electronics, to name a few.
Steve Gutterman, CEO of General Cannabis Corp and a board member, said Monday they are “fortunate to add a CFO of Diane’s deep functional expertise, skills, and technical knowledge in all aspects of corporate finance and accounting.”
The Denver-based cannabis company also made some board changes, as its three independent Directors—Peter Boockvar, Mark Green, and Seth Oster— opted to step down.
The board welcomed Carl Williams, Richard Travia, and Barker Dalton to its ranks to replace them.
Williams brings years of financial experience. He was Planet Payment (NASDAQ: PLPM)’s chairman and CEO.
Travia is a cannabis investor and founder of Wildcat Advisory Group and Wildcat Investment Management.
Dalton is SevenFive Farm’s founder and Managing Director and has more than ten years of experience in the cannabis industry.
HEXO Welcomes Trent MacDonald As CFO
HEXO Corp. (TSX: HEXO) (NYSE: HEXO) welcomed Trent MacDonald to its team as its new CFO, succeeding Stephen Burwash, who will remain in the position through the transition period.
MacDonald has over 15 years of financial executive experience.
He served in several publicly listed and private companies, including Rx Drug Mart, where he oversaw the financial department …