Cronos Group Inc (NASDAQ: CRON) has made an official statement that the company will appoint a new Chief Financial Officer (CFO). According to a source, Jerry Barbato will step down, making way for Bob Madore, who will take over as CFO. This change stands effective from August 9, 2021.
President and Chief Executive Officer comments on the new appointment
Stating that he is pleased to have Madore as the new CFO, Kurt Schmidt, President and Chief Executive Officer went on record and said that he is confident of Madore’s experience and expertise. In his 30-year career, Madore has held responsible positions with much high profile renounced consumer brands. He was thanking Barbato for the contributions that he had made in developing the company from strength to strength. Schmidt wished Barbato good luck for his future.
Cronos Group Inc declared its 2Q 2021 financial results. The company will review its financial results with investors, stakeholders, and analysts in a conference call. The group that has a footprint in five continents across the globe creates disruptive intellectual property by advancing cannabis research, technology, and product development. Over the years, the corporate house has successfully built an iconic brand portfolio.
Skillful Craftsman Education Tech Ltd (NASDAQ: EDTK) announces change in its office bearers
Skillful Craftsman Education Tech Ltd (NASDAQ: EDTK) made an official announcement that there is a change in its office bearers. The company’s board of directors has appointed Dawei Chen as the Chief Financial Officer (CFO). The new CFO will replace Jun Liu. Upon taking over as CFO, Chen will give up his post of Chief Strategy Officer, and the company has appointed Bill Tang as Chen’s successor. Meanwhile, Liu, who will step down as CFO, will be selected as the company’s Financial Director.
The Chairman is confident of the new team
Expressing confidence in the new management team, Xiaofeng Gao, Chairman and Co-Chief Executive Officer of Skillful Craftsman Education Tech Ltd, stated that he is optimistic that the team will help contribute to the growth of the business. The company provides interactive vocational training online and virtual simulation experimental training courses. The China-based corporate house came into being in 2013.