Tuesday, October 28, 2025

Verano Starts The Year Off By Replacing CFO

Verano Holdings (CSE: VRNO) appears to be starting the year off with an executive change. The firm this morning indicated that it will be replacing its chief financial officer, Brian Ward, with a new addition to the team that has significant CPG experience.

It’s unclear if Ward’s departure was at the election of Ward or the company itself, however Verano did indicate that they conducted an “expansive search” to replace Ward, suggesting it was at his election. He joined the company in 2019, prior to which he had served as a consultant to numerous firms.

Taking his place is Brett Summerer, whom most recently served as Vice President, Head of Supply Chain Finance, and CFO for the US operations of the Kraft Keinz Company. Previous to Kraft Heinz, he served in senior roles at Corning Incorporated as well as General Motors.

Ward is said to be acting as an advisor to the company during a transition period, before ultimately leaving the firm.

Verano Holdings last traded at $15.99 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.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Related News

Verano Holdings Reports Revenues Of $120.9 Million, Net Income Of $68.8 Million

Verano Holdings (CSE: VRNO) reported first quarter financial results this morning, reporting revenues of $143.0...

Tuesday, May 18, 2021, 08:04:37 AM

Verano Posts $198.7 Million In Q2 Revenue, Positive Net Income

Verano Holdings (CSE: VRNO) this morning reported its second quarter financial results, posting revenues of...

Tuesday, August 10, 2021, 08:58:17 AM

Verano Sees Expenses Climb Substantially In Q2

Verano Holdings (CSE: VRNO) has released its latest financial results as of this morning, reporting...

Tuesday, August 16, 2022, 08:45:58 AM

Verano Holdings Posts Q3 Revenues of $207 Million, Positive Net Income

Verano Holdings (CSE: VRNO) this morning released its third quarter financial results. Results came in...

Tuesday, November 16, 2021, 07:31:56 AM

Verano: Canaccord Drops Price Target After Revenue Miss

On November 16th, Verano Holdings (CSE: VRNO) announced its third quarter financial results. The company...

Thursday, November 18, 2021, 11:44:00 AM