Hexo names Steve Burwash interim CFO, as former CFO Ed Chaplin departs

Tomi Kilgore - finance.yahoo.com Posted 5 years ago

Canada-based cannabis company Hexo Corp. said Wednesday it has nominated Steve Burwash, vice president of strategic finance, as its interim chief financial officer. The company said it is still looking for a CFO to succeed Ed Chaplin, who it was announced in January that he was leaving the company after April 30. Hexo said it expects to conclude its search "in the near future." Chaplin will be available to offer "support" for six months after his departure to enable a smooth transition. "We have been working diligently to find the right individual to succeed Ed as CFO and further strengthen our team as we continue building HEXO as a consumer packaged goods cannabis company to serve the global cannabis market," said Chief Executive Sebastien St-Louis. The U.S.-listed shares rose 2.8% in morning trade. It has more than doubled (up 134%) year to date, while the ETFMG Alternative Harvest ETF has rallied 43% and the S&P 500 has gained 18%.

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