Chalice Brands Appoints Richard Lindsay As Interim Chief Financial Officer

Chalice Brands Ltd. CHAL CHALF appointed Richard Lindsay to serve as interim chief financial officer, while the company conducts a search for a permanent chief financial officer. The appointment follows the resignation of Andrew Marchington who will leave the company for personal reasons after a brief transition period. Marchington will serve in a consulting capacity to support a smooth transition.

“I am excited to welcome Richard as our interim CFO, who will be an integral part of accelerating growth and opportunities for Chalice as we become a leading cannabis operator on the west coast,” stated Jeff Yapp, president and CEO of Chalice Brands. “Richard’s financial expertise in a number of challenging leadership positions will be an invaluable addition to the Chalice team as we prepare for financial and business milestones this year and continuing on the path to profitability.”

Lindsay comes to Chalice Brands with over 25 years of executive financial management and advisory services experience in highly regulated consumer products and manufacturing businesses. He has an extensive background in turnaround management, strategic planning, mergers and acquisitions, and functions of the CFO office. Prior to joining Chalice Brands, Lindsay was an independent consultant providing interim CEO and CFO services to breweries, distilleries and cannabis businesses in the areas of mergers and acquisition, strategic planning, and business process redesign.

Lindsay will help lead Chalice Brands through the filing of its annual audited financial statements, and the search and selection of a permanent CFO.

Yapp added, “On behalf of the Chalice Team, I would like to thank Andrew for his contributions as CFO of Chalice over the past few years. His experience and highly effective execution of many successful activities have been crucial to our long-term strategy, and we wish him and his family the very best."

Photo by Diyahna Lewis on Unsplash

Related New

Red White & Bloom, Delic And Chalice To Delay Filing Earnings Reports

Chalice Brands Launched Chalice Metaverse Cannabis Platform On 4/20, Record-Setting Sales Follo

Chalice Brands To Acquire Two Retail Stores And Two Cultivation Assets In Oregon

 

Posted In: Andrew MarchingtonJeff YappRichard LindsayCannabisNewsPenny StocksMarkets

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.