Charlotte's Web CCO Jared Stanley resigns, joins board; new director Maureen Usifer elected

Charlotte's Web Holdings, Inc.

Jared Stanley stepped down as Chief Commercial Officer effective June 13, 2024; will consult at $5,769.23 bi-weekly plus expenses.
Stanley was appointed to the Board of Directors at the June 13 shareholder meeting; all 6 director nominees received >94% votes for.
New board member Maureen Usifer elected; she brings 30+ years consumer products experience, formerly CFO at Seventh Generation.
Shareholder meeting: 62,034,339 votes cast (39.4% of outstanding); auditor Ernst & Young and incentive plan amendments approved.
Stanley's departure not related to any disagreement with company, management, or board on operations or financials.

item 5.02 item 5.07 item 7.01 item 9.01

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Departed

Jared Stanley

Chief Commercial Officer

CWBHF · Charlotte's Web Holdings, Inc.

Effective: 2024-06-13
Filed: June 14, 2024, 7:59 PM ET

On June 14, 2024, Charlotte’s Web Holdings, Inc. (the “Company”) announced that Jared Stanley, its Chief Commercial Officer, will leave the employment of the Company effective June 13, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jared Stanley resigned as Chief Commercial Officer at Charlotte's Web Holdings, Inc..

Action: resigned
Role: Chief Commercial Officer

Exact text from the filing

On June 14, 2024, Charlotte’s Web Holdings, Inc. (the “Company”) announced that Jared Stanley, its Chief Commercial Officer, will leave the employment of the Company effective June 13, 2024.

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Charlotte's Web Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001279569-24-000736

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