Numinus Wellness Inc. (TSX:NUMI, OTC:LKYSF) has announced the appointment of Nikhil Handa as its new chief financial officer (CFO) effective from June 15, 2023, following an extensive executive search.
The company said current CFO, John Fong, will be stepping down from his position effective immediately to prioritize family health matters. However, Fong will continue to support the company during the transition period to ensure a seamless transfer of responsibilities.
In a statement, Numinus Wellness founder and CEO, Payton Nyquvest, expressed his excitement about Handa joining the team, commenting: "We're thrilled to welcome Nikhil to Numinus as our new CFO. Nikhil has a proven background in driving financial and operational results, and also brings a wealth of corporate development and capital markets experience. These skills will be a tremendous asset as Numinus embarks on its next phase of growth."
Nyquvest also took the opportunity to express gratitude to Fong for his significant contributions to the company, saying: "I would like to personally thank John for his commitment and dedication to Numinus over the last four years. John had an instrumental role in helping take Numinus public and developing key processes and talent within our finance team. Numinus remains steadfastly supportive of John and his family and wish all of them well."
Handa, the incoming CFO, brings a wealth of experience to Numinus Wellness. He previously served as CFO at The Supreme Cannabis Company Inc, where he successfully led the restructuring efforts and orchestrated the sale of the company to Canopy Growth Corporation. Handa has also held senior finance and operational roles at Restaurant Brands International and played a key role in the mergers and acquisitions group of RBC Capital Markets.
Numinus Wellness is a pioneering company dedicated to advancing mental health care through innovative therapies. By integrating psychedelic-assisted therapies into mainstream clinical practice, Numinus is at the forefront of transforming the way mental health is approached, with the goal of building a healthier society.
Contact the author at jon.hopkins@proactiveinvestors.com