Curaleaf Holdings (CSE: CURA) is down a chief financial officer after just a few short months. The first late last night announced that CFO Ranjan Kalia would be leaving the company “to pursue other opportunities.”
The departure is effective immediately, with chief operating officer Neil Davidson, whom previously served in the role from 2019 to 2020, stepping into the position on an interim basis as of yesterday. Davidson had served as CFO until the completion of the merger with Select, after which he moved into the role of COO.
Kalia’s time at the company was short lived, having taken on the role just in July 2021, with the tenure ultimately amounting to just under eight months. He had previously served as CFO of Virtuso Corp, a role which he first began back in 2008. Kalia at the time of his appointment replaced Michael Carlotti, whom was in the role for a little over a year and half before departing the company due to medical reasons.
Davidson is expected to serve as interim CFO until a permanent replacement is named by the company. A search is said to currently be underway.
Curaleaf Holdings last traded at $7.31 on the CSE.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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