Board of directors settled
GATINEAU, Quebec, Feb. 22, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the Company") today announced that it has entered into a transition agreement (the Agreement) with Adam Arviv and his fund, Kaos Capital, to refresh the Companys board of directors (the Board), effective immediately. The new Board will stand for election at the Companys upcoming annual and special meeting of shareholders to be held on March 8, 2022 (the Meeting). The new Board is composed of seven directors, all of whom are independent, being: Mark Attanasio (Chair), Rose Marie Gage (Vice-Chair and Chair of the ESG Committee), Vincent Chiara, Hlne F. Fortin (Chair of the Audit Committee), Rob Godfrey, Peter Montour and William Montour. The Company has also agreed to appoint an eighth director to the Board and reasonably acceptable to the Board after the Meeting.