Hexo Corp Names Acting Chief Financial Officer

Hexo Corp (TSX: HEXO) has named a new chief financial officer. The appointment follows the previously announced departure of the firms previous CFO, Trent MacDonald, whom has indicated he will end his tenure with the firm in early March.

Taking the role on an acting basis is that of Curtis Solsvig, whom is said to have experience in “complex restructuring situations.” His resume reportedly consists of extensive experience in cost cutting, operational improvement, find efficiencies, and “implementing balance sheet solutions.” He’s previously worked at firms including Lily, Atari, and Restoration Hardware.

The firm this morning also made changes to its board of directors after the resignation of Jason Ewart. Effective immediately, William Todd Montour, co-founder of Redecan, will be taking a role as board member.

Hexo Corp last traded at $0.91 on the TSX.


Information for this briefing was found via Sedar and Hexo Corp. 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.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Hexo Corp Share Consolidation To Go Into Effect December 23

Hexo Corp (TSX: HEXO) (NYSE: HEXO) announced this evening after the close of markets that...

Friday, December 18, 2020, 06:25:35 PM

Hexo Corp Announces Intent To Conduct Financing To Fund Redecan Acquisition

Hexo Corp (NYSE: HEXO) (TSX: HEXO) is evidently in need of funds. The company last...

Friday, August 20, 2021, 08:16:33 AM

Hexo Corp Raises US$144.8 Million In Last Minute Financing

Hexo Corp (TSX: HEXO) (NASDAQ: HEXO) last night announced that it has closed its previously...

Wednesday, August 25, 2021, 07:49:00 AM

Hexo Corp Closes Heavily Dilutive $70 Million Financing

Hexo Corp (TSX: HEXO) (NYSE: HEXO) has finally closed its long running financing that was...

Friday, December 6, 2019, 08:38:30 AM

Hexo Posts Net Loss of $298.2 Million, Effectively Writes Off Newstrike Transaction

Hexo Corp (TSX: HEXO) (NYSE: HEXO) released its second quarter financials this morning, in what...

Monday, March 30, 2020, 09:00:47 AM