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

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

Hexo Corp Reports Revenues Of $29.5 Million, Loss Of $4.2 Million For Q1 2021

Hexo Corp (TSX: HEXO) (NYSE: HEXO) reported its fiscal first quarter 2021 financial results this...

Monday, December 14, 2020, 08:23:57 AM

Hexo Corp Returns To Trough For Further US$20 Million Funding

Hexo Corp (TSX: HEXO) (NYSE: HEXO) this morning announced its second financing of the month,...

Friday, January 17, 2020, 09:16:09 AM

Hexo: Analysts Anticipate $34.4 Million In Q3 Revenues

Hexo Corp (TSX: HEXO) (NYSE: HEXO) announced that they will be reporting their fiscal third quarter...

Saturday, June 12, 2021, 01:11:00 PM

Hexo Corp Announces Move To Nasdaq From NYSE

It appears that Hexo Corp (TSX: HEXO) (NYSE: HEXO) is looking at ways to manage...

Friday, August 13, 2021, 08:39:49 AM

Cantor Slashes Hexo Corp’s Price Target After Poorly Priced Financing

Hexo Corp (TSX: HEXO) (NYSE: HEXO) on August 20 announced a $140 million public offering...

Wednesday, August 25, 2021, 10:44:00 AM