Current CFO Kyle Appleby will step down from his role concurrent with the hiring of the new CFO, expected in the 4Q
Empower Clinics Inc. (CSE:CBDT, OTC:EPWCF) said it has initiated the process to recruit and hire a new chief financial officer.
The company said current CFO Kyle Appleby will step down from his role concurrent with the hiring of the new executive.
Empower added that it aims to complete the search for a new, permanent CFO by early in the fourth quarter of 2021.
READ: Empower Clinics partners with Save-On-Foods to offer Kai Care COVID-19 test kits in British Columbia In a statement, Appleby was praised by the company “for his leadership and industry knowledge” over the past year. With over 20 years of accounting and financial consulting experience, Empower said he helped guide the company through a significant year of expansion and growth.
"With the leadership and expertise of Korn Ferry, I look forward to the recruitment process and the positive impact its result will have on our Company and shareholders," said Empower CEO Steven McAuley. "Empower has had a year of immense professional growth, and we continue to learn from previous events while elevating Empower's industry presence."
The company said it expects an immediate priority for the new CFO will be to complete a thorough review of prior audit challenges and outcomes with the goal of making recommendations and instituting positive changes to its financial operations.
Vancouver-based Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and world-class medical diagnostics laboratories
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The CFO did not up and quit! He is staying on until a new full time CFO is hired. You should at least present facts when you bash!