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HEXO (TSX:HEXO) appoints new board member and acting CFO

Cannabis
TSX:HEXO
05 January 2022 12:00 (EDT)
HEXO - Board Member, William Todd Montour (centre).

Source: YouTube.

HEXO (HEXO) has appointed William Todd Montour to its board and Curtis Solsvig as acting CFO.

Montour co-founded Redecan and played a critical role in transforming it from a medical supplier to a force in recreational cannabis. Before joining Redecan, he spent thirteen years supporting his family’s tobacco company, the largest privately-owned Indigenous company in the world.

He is replacing Jason Ewart, who recently resigned. 

“I am pleased to welcome Will to the board and I am confident that his experience in cannabis operations and commercialization will be invaluable to the company as we enter our next stage of growth,” said John K. Bell, HEXO’s Chair.

Mr. Solsvig has extensive experience improving operations, reducing costs and implementing balance sheet solutions. He is also well-versed in fund management, fund administration and board-level supervision. He previously served in senior management and consulting with Lily, Restoration Hardware, Borders Books and Atari.

“We are fortunate that Curt was able to join HEXO,” stated Scott Cooper, HEXO’s CEO. “I look forward to leveraging Curt’s many years of financial leadership, particularly his experience with complex restructuring situations. The board and I have confidence in Curt’s ability to lead our financial team while HEXO searches for a permanent CFO.”

HEXO is a licensed producer of innovative products for the global cannabis market.

HEXO (HEXO) is down by 2.2 per cent and is currently trading at $0.89 per share as of 11:02 am EST.

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