Canopy Growth names interim CFO and launches search for two key executives

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Canopy Growth Corp. CGC, -1.38% WEED, -0.96% on Friday named Judy Hong as interim chief financial officer and Tara Rozalowsky as interim chief product officer and launched an external search for both roles. Mike Lee, executive vice president and CFO and chief product officer Rade Kovacevic will depart the company on Dec. 31. “These decisions reflect management and the board’s vision for building a best-in-class organization that is well-positioned to deliver long-term growth and shareholder value,” Canopy Growth CEO David Klein said. Hong joined Canopy Growth in 2019 as vice president of investor relations. Rozalowsky has held the role of vice president of beverage and edibles at the company. Shares of Canopy Growth rose 1.5% in pre-market trades. The stock is down 50% so far this year.

This article was originally published by Marketwatch.com. Read the original article here.

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