Planet 13 Holdings Inc (CSE:PLTH, OTCQX:PLNHF) said it has appointed finance executive Lee Fraser as a board member and the new chair of the company’s audit committee.
Fraser, who has been hired to fill the vacancy created by the passing of Mike Harman, will also serve on the corporate governance and nominating committee and compensation committee of the board.
"As we continue to prioritize strong financial governance and strategic decision-making, we are thrilled to welcome Mr. Fraser as our new audit committee chair and board member," said Larry Scheffler, co-CEO of Planet 13 in a statement. "His deep knowledge in real estate and construction will be invaluable as we execute multiple growth projects across three different states.”
Fraser has over 20 years of experience at publicly traded companies and private businesses, where he has overseen financial reporting, large-scale construction projects and managed real estate portfolios for companies such as Warner Bros. and Fox Corp.
He has an MBA from UCLA Anderson School of Management and a Hon. Bachelor of Commerce from Telfer School of Management, University of Ottawa, Canada.
Contact the author at jon.hopkins@proactiveinvestors.com