Former Liberty Media manager Yavor Efremov named CEO for Turning Point Brands
Turning Point Brands, Inc. (NYSE: TPB) recently announced that it brought in Yavor Efremov as President and CEO.
Efremov replaced Larry Wexler, the current CEO of the Lousiville, Kentucky-based company, who chose it? to retire in January after 18 very successful years at TPB.
In addition, Wexler remains on the board of directors and advises the company after his retirement.
Before joining Turning Point Brands as a board member in July 2021, Efremov was CEO of Motorsport network and a senior executive at Liberty Media Corp.
During his career he also worked as an investment banker Goldman Sachs & Co. and as an in-house attorney with the law firm Cleary, Gottlieb, Steen & Hamilton.
“Yavor has been highly recommended by some of the world’s most successful operators and investors.” David Glazek, company chairman said. “The board of directors is confident that they have the right skills to grow the company to the size and scale necessary to maximize value in a world driven by ever-changing consumer preferences.”
Former HEXO manager Jay McMillan joins the Zentrela advisory board
Neurotechnology company focused on cannabis Zentrela Inc. announced Thursday that JAy McMillan, CEO of UberGreen Inc., has chosen to join the company’s strategic business advisory board.
McMillan is a accomplished corporate development and M&A executive with a passion for product innovations and 25 years of international market experience.
He brings a broad background in new market development and strategic engagement with Fortune 500 companies in the consumer products, technology and consumer electronics sectors.
Most recently, he was Chief Development Officer at HEXO Corp.(NYSE: HEXO). While there, McMillan led the identification of strategic business development opportunities for M&A, joint ventures and key partnerships, and was also responsible for research and development, innovation and commercialization.
“Jay is a great figure in the industry and I am very excited to have him on our team,” said Israel Gasperin, founder of Zentrela. “One of our core goals for 2022 is to increase the number of licensed manufacturers using our consumer experience science to drive higher product sales, and Jay brings unparalleled experience in building such relationships.”
Tony Sullivan, GrowGen’s Executive VP & COO, is retiring
GrowGeneration Corp. (NASDAQ: GRWG), a cannabis-focused chain of specialized hydroponic and organic garden centers, found that Tony Sullivan, Executive Vice President and CEO, is retiring.
Darren Lampert, CEO of the Denver-based company said Sullivan had contributed to every part of the operation during his tenure and thanked him for his hard work and dedication.
“In 2021, we gained key executives with exceptional retail experience, talent and expertise, including Jeff Lasher as CFO, Paul Rutenis as Chief Merchant Officer, who leads private label and private label growth, Dennis Sheldon, who leads technology and supply chain. and Becky Gebhardt to lead e-commerce and marketing, “said Lampert.” We believe the operational team in place will enable the company to grow and scale in 2022 and beyond. “
Marijuana Policy Project appoints Illinois cannabis tsar Toi Hutchinson as President and CEO
The Marijuana Policy Project (MPP), an organization exclusively working on marijuana policy reform in the United States, gets a new leader.
Toi Hutchinson, Governor JB Pritzker’s principal cannabis advisor, agreed to replace Steve Hawkins and join the national advocacy group as President and CEO, Marijuana moment reported.
During her career, Hutchinson was push for marijuana legalization. In addition to be a social justice advocate, she is best known for her Senator endorsement of the Illinois Legalization Policy for Adult Use, which Governor Pritzker signed in 2019.
Hutchinson told Marijuana the moment she got the call from MPP, “It was a breeze because we know the march towards state legalization will be by the states.”
Hutchinson brings a variety of skills and experience to bring reform into state law. She previously served as a President of the National Conference of State Legislatures.
Hutchinson added that one needs to bring these two things together to “normalize and legalize a product for which banning the very same product has destroyed generations of communities.”
Photo: Courtesy of David Gabrić on Unsplash