Flora Growth Appoints Brandon Konigsberg To The Board Of Directors

Flora Growth Appoints Brandon Konigsberg To The Board Of Directors

At the annual meeting of shareholders of Flora Growth Corp. FLGC, held on July 5, 2022, the company’s shareholders voted in favor of all of the proposals submitted for their approval.

The four proposals that were approved included:

  • The election of seven members to the company’s board of directors.

  • The re-appointment of Davidson & Company LLP as the company’s auditors.

  • The approval of the company’s 2022 incentive compensation plan.

  • The approval of new bylaw 1-A.

In addition to the re-election of the company’s six incumbent directors, the company’s shareholders also elected Brandon Konigsberg to serve on the board. In addition to his duties as a board member, Konigsberg will serve as chair of the audit committee and as a member of the compensation committee.

“The addition of Mr. Konigsberg to our Board is further testament to our ongoing commitment to fiscal discipline and sound governance. He brings with him exceptional experience in the fields of finance and operations and will assist in helping our organization achieve rapid financial growth and maximize our shareholder value,” stated Luis Merchan, Flora’s chairman and CEO. “We are pleased to welcome Mr. Konigsberg as a valued member of our team and look forward to his contributions.”

Konigsberg is a seasoned leader in finance and will focus on Flora’s key growth drivers to advance the company’s global expansion. Konigsberg is a former executive of JP Morgan Chase JPM, and has held various leadership roles, serving as CFO and COO for various growing and turnaround business units. After 24 years at JPMC, Konigsberg retired to focus full-time on consulting, advising and entrepreneurial endeavors. He is currently the president and CFO of Fynn, an education financing company he joined as a consultant in 2021.

Photo by Esteban Lopez on Unsplash

Related News

Flora Growth To Repurchase Up To $5M Worth Of Shares

Flora Growth Follows Tilray: Reaches Amazon UK With Its Cannabis Brand JustCBD

Flora Growth Acquires CBD Brand Masaya

 

Posted In: Brandon KonigsbergDavidson & Company LLPFynnLuis MerchanCannabisNewsPenny 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.