Aurora Cannabis Inc (NYSE:ACB) (TSE:ACB) announced Wednesday that it is shaking up its board with a series of changes.
As part of the moves, Michael Singer, formerly chairman of the board, has been appointed executive chairman. Independent director Ronald Funk, meanwhile, has been tapped as a lead independent director. Margaret Atkins, a former Bain & Company executive who has experience in overseeing public company reporting, has been named a new independent director and chair of the audit committee.
READ: Aurora Cannabis makes first shipment of medical cannabis to the UK
In other news, Diane Jang, CEO of Hempco Food and Fiber, has stepped down as a director of Aurora after serving on the company’s board since November of 2017.
“As Aurora continues to mature into one of the world’s largest and leading cannabis companies, it is important that our board continues to examine its composition to ensure that its experience and expertise aligns with the company’s strategic direction,” said Michael Singer, executive chairman, in a statement.
Headquartered in Edmonton, Alberta, Aurora boasts cannabis operations in 23 countries.
Contact Ellen Kelleher at ellen@proactiveinvestors.com