Tilray Hires New Chief Financial Officer, Chief Operating Officer

Tilray Inc (NASDAQ: TLRY) has bolstered its executive team this morning, with the appointment of both a new chief operating officer, as well as a new chief financial officer. Both executives come with a long resume of high profile firms in which they have served senior roles.

Michael Kruteck will be taking over as CFO of the firm, which will be effective immediately after Tilray completes and files its Annual Report on Form 10-K for the fiscal year end. He will be replacing Mark Castaneda, who will be staying with the company in the role of Strategic Business Development following the customary transition of the CFO role.

Kruteck comes most recently from that of Pharmica Integrative Pharmacy where he served as CFO. Prior to this, he served in numerous senior financial roles at Molson Coors. Kruteck has specific experience in financial and operation transformation, supply chains and corporate finance.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Taking the role of COO will be that of Jon Levin. Levin joins the company from Revlon, where he served as General Manager of US Mass Markets for consumer products sold through retailers. He has over twenty five years experience in the fields of health and beauty and consumer packaged goods. Previously, he served at Ferrara Candy Company, Nautilus and Wrigley among others.

Tilray last traded at $17.37 on the Nasdaq.


Information for this briefing was found via Sedar and Tilray. 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

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Northmin Wins Competitive Bid for Historic Keel Zinc-Silver-Lead Deposit in Ireland

Brixton Hits 348 g/t Silver Over 23.5 Metres as Langis Shaft 6 Southeast Zone Extends South

Related News

Tilray Obtains German Cannabis License Under New Regulations

Tilray Brands (TSX: TLRY) is reportedly in the process of expanding its operations in Germany,...

Monday, July 22, 2024, 09:31:50 AM

Tilray: Canaccord Lowers Target On Expected Adult-Use Sales Slump, Revised Hexo Deal

Earlier this week, Tilray Brands (TSX: TLRY) announced an update to their strategic alliance with...

Friday, June 17, 2022, 10:49:29 AM

Hexo Shareholders Approve Tilray Buyout, Company Loses $117 Million In Fiscal Q3

Hexo Corp (TSX: HEXO) shareholders have formally approved the proposed acquisition by Tilray Brands (TSX:...

Thursday, June 15, 2023, 08:45:41 AM

Tilray Sinks 22% In Pre-Market Trading After Lending Shares To Shorts For Note Offering

Tilray Brands (NASDAQ: TLRY) is currently down nearly 23% in pre-market trading follow the after-hours...

Friday, May 26, 2023, 09:01:57 AM

Tilray: Haywood Slashes Price Target From $7.25 To $4.00

Tilray Brands (TSX: TLRY) is expected to report its fiscal fourth-quarter results on July 26th....

Wednesday, July 13, 2022, 02:54:00 PM