---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-090360"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:51:57.011493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth announces CEO David Klein to retire by March 31, 2025; board begins successor search

## Summary
- CEO David Klein will retire by March 31, 2025; remains CEO until successor appointed or that date.
- After End Date, Klein becomes Special Advisor to Board at $5,000/month through August 31, 2025.
- During transition, Klein continues $750K salary, perquisite pay, and eligibility for FY2025 STI bonus.
- Board has engaged a globally recognized search firm to conduct CEO selection process.

## SEC filing metadata
- accession: 0001104659-24-090360
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000110465924090360/0001104659-24-090360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000110465924090360/tm2421886d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-090360
- JSON: https://secwatch.observer/filing/0001104659-24-090360.json
- Plain text: https://secwatch.observer/filing/0001104659-24-090360.txt

## Key facts
- Executive change
  David Klein changed role as Chief Executive Officer at Canopy Growth Corp.
  - Action: will retire
  - Role: Chief Executive Officer
  source text: On August 15, 2024, Canopy Growth Corporation (the “Company”) entered into a Mutual Separation Agreement (the “Separation Agreement”) with David Klein, the Company’s Chief Executive Officer (“CEO”), pursuant to which Mr. Klein will remain as CEO until the earlier of: (i) March 31, 2025; or (ii) the date that a new CEO commences employment (the “End Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737927/000110465924090360/0001104659-24-090360-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.