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.

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