Charlotte’s Web appoints former Kellogg executive as CEO
Industrial Hemp NewsMarijuana Laws, Regulations, & Politics April 29, 2019 MJ Shareholders 0
In an effort to move into the mainstream CBD space, Boulder, Colorado-based CBD manufacturer Charlotte’s Web Holdings has selected a former Kellogg executive to serve as its CEO.
Adrienne “Deanie” Elsner will assume the role effective May 15.
Elsner was previously president of the U.S. snacks division at Kellogg.
“Deanie’s appointment is timely and aligns perfectly with our corporate evolution from the early stage organization we were just two years ago into a professionally managed public company with top-tier executive talent,” Hess Moallem, president and CEO of Charlotte’s Web, said in a statement.
Elsner will replace Moallem, who will transition into an advisory role with the company.
The leadership addition is one of several appointments made to support Charlotte’s Web’s growth and evolution into a dominant global CPG brand.
Charlotte’s Web trades on the Canadian Securities Exchange under the ticker CWEB.
Subscribe to our Newsletter
MJ Shareholders
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers
No comments so far.
Be first to leave comment below.