Green Growth Brands Names Randy Whitaker Chief Operating Officer
Veteran retail executive appointed to oversee Real Estate, Stores, Shops, and eCommerce
COLUMBUS, OH, Feb. 26, 2019 /PRNewswire/ - Green Growth Brands, Inc. (CSE:GGB) (GGBXF) (GGB or the Company) is pleased to announce the appointment of Randy Whitaker as Chief Operating Officer, a new position within GGB. Mr. Whitaker has over 27 years' experience in real estate, finance, and store operations. Mr. Whitaker joins GGB from Belk, Inc. a privately held department store with over 293 locations.
"Along with much of the GGB leadership team, I worked with Randy for many years at Victoria's Secret," said Peter Horvath, CEO of Green Growth Brands. "He has a phenomenal track record and is a world-class operator. GGB continues to set itself apart from the competition because of the talent and experience of our team. We are so pleased to welcome Randy to the team, he will be a huge asset as we drive towards creating remarkable cannabis and CBD experiences for consumers."
In prior roles Mr. Whitaker has brought a results-oriented focus, agility in fast-paced environments, and a talent for building high-performing teams. Mr. Whitaker was most recently at Belk, Inc. as Executive Vice President, Chief Stores Officer. During that time, he led the stores organization including store operations, real estate, store design and construction, aviation, visual merchandising, customer care, credit, and supply chain. Prior to Belk, Mr. Whitaker spent over 15 years at Victoria Secret, in a variety of real estate and stores operations positions, including Executive Vice President, Store Operations. During his five years as EVP, Store Operations, Mr. Whitaker was responsible for 1,100 stores that delivered USD$6B in annual revenue while maintaining a USD$2B operating expense budget.
"GGB has done an incredible job building the foundation of the stores organization with industry leading productivity," said Randy Whitaker, COO of GGB. "I am excited to continue this momentum and create a world class fleet of stores, shops, and eCommerce channels that will create value, year after year."
Effective immediately, Mr. Whitaker will lead real estate, business development, store design and construction, stores, shops, eCommerce, and field operations support.
About Green Growth Brands
Green
Growth Brands expects to dominate the cannabis and CBD market with
a portfolio of emotion-driven brands that people love. Led by
Peter Horvath, the GGB team is full of retail and
consumer packaged goods experts with decades of experience building
successful brands. Join the movement at GreenGrowthBrands.com.
Cautionary Statements:
Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "intend", "forecast" and similar expressions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical and recreational marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the marijuana industry in the United States, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; currency and interest rate fluctuations and other risks, including those factors described under the heading "Risks Factors" in the Company's Annual Information Form dated November 26, 2018 which is available on the Company's issuer profile on SEDAR.
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