Canadian cannabis company Canopy Growth Corp. (TSX:WEED) announced on Thursday that the Executive Vice President and Chief Financial Officer of Constellation Brands, Inc., David Klein, has been appointed Chair of its Board of Directors effective immediately.
He has served as a director on Canopy Growth's Board since 2018 and replaces John Bell who had been the interim chair. Bell is expected to remain as a director.
Canopy had removed its co-founder Bruce Linton as chief executive and chairman earlier this year
The company’s CEO Mark Zekulin stated - “David's leadership has been extremely valuable to our Board at this pivotal moment in Canopy Growth's history, and I am confident that he will continue to add value in his new capacity as Board Chair in the years ahead.”