(Gatineau) The game of musical chairs continues at Hexo, the cannabis producer having announced on Friday the appointment of its third president and CEO in six months.
Posted at 1:09 p.m.
Charlie Bowman has been appointed interim CEO, effective immediately, replacing Scott Cooper.
Mr. Cooper took over as head of the Gatineau company in October, following a strategic reorganization that saw co-founder Sebastien St-Louis leave the company.
Mr. Bowman will assume the position on a permanent basis once Health Canada’s security clearance process has been initiated.
He served as interim chief operating officer and general manager of Hexo USA.
The company also announced that Julius Ivancsits will replace Curtis Solsvig as interim chief financial officer, effective May 16, and assume the role full-time after receiving security clearance from Health Canada.
“We are entering the next phase of Hexo’s strategic growth plan with a clear focus on generating positive cash flow and expanding the market share of our flagship brands across the Canadian recreational cannabis industry. , while growing our international business and launching new products for the medical cannabis industry,” Bowman said in a press release.
Hexo last week announced plans to close its Belleville, Ont., facility this summer, a move that will affect 230 employees as the company attempts to further streamline operations.