OTTAWA, Aug. 16, 2021 (GLOBE NEWSWIRE) – HEXO Corp (“HEXO” or the “Company”) (TSX: HEXO; NYSE: HEXO) is pleased to announce that its global leadership team is expanding with the appointment of Valerie Malone as Head of Commercial Affairs, her appointment effective September 6, 2021.
“We are delighted to welcome Valerie to HEXO,” said Sébastien St-Louis, CEO and co-founder of HEXO. “Valerie will support HEXO’s future growth, as progress accelerates towards becoming one of the world’s top three cannabis products companies, and as we continue to generate value for our shareholders. We look forward to bringing Valerie’s diverse experiences and perspectives to our senior management team as we continue to move towards a positive EPS. “
Valerie brings to HEXO more than 20 years of experience in managing companies in different industries, including the consumer staples, technology and electronics, consumer durables and services markets. -advice. Valerie has extensive leadership experience, including in leading organizations such as PepsiCo Canada, Whirlpool Corporation, LG Electronics and Lixil, where she has held positions ranging from Vice President of Marketing to General Manager and President. Its success is attributable to strategies based on data, analysis and consumer insight. Valerie arrives well prepared to have an immediate impact thanks to her in-depth knowledge of HEXO and the brands of its products. As HEXO’s Chief Commercial Officer, Valerie will oversee the Marketing, Sales and Product Development groups, with a focus on business strategy and development.
The Company also announces that James McMillan, Head of Development at HEXO, will be stepping down from his role with the Company. “I would like to thank Jay for his dedication, professionalism and expertise throughout his career at HEXO,” said Sébastien St-Louis. “Jay was an integral part of HEXO’s first senior management team and has contributed significantly to the growth and success of the company, including advancing our innovation platform and expanding our product portfolios. As an employee nO 14 at HEXO, Jay also played a major role in the negotiation of our preferred supplier agreement with Quebec and in the establishment of our partnership with Molson Coors. I am very grateful to Jay for his essential contribution to making HEXO what it is today ”.
About HEXO Corp (TSX: HEXO; NYSE: HEXO)
HEXO is an award-winning licensed producer of innovative products for the global cannabis market. HEXO serves the Canadian recreational cannabis market with its portfolio of HEXO, UP Cannabis, Original Stash, Bake Sale, Namaste and REUP brands, as well as the medical market in Canada, Israel and Malta. The Company also serves the Colorado market through its Powered by HEXO® strategy and Truss CBD USA, a joint venture with Molson Coors. In the event that the previously announced acquisitions of 48North and Redecan are completed, HEXO expects to lead the cannabis products industry in Canada in terms of recreational cannabis market share.
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