MedMen CEO and Executive Chairman resign; Chief Restructuring Officer appointed

MedMen Enterprises, Inc.

CEO Ellen Harrison resigned Jan 19, 2024, effective immediately; not due to disagreement with company.
Executive Chairman Michael Serruya resigned from Board effective Jan 24, 2024; not due to disagreement.
Board appointed Richard Ormond as Chief Restructuring Officer on Jan 23, 2024.
Ormond has 20+ years experience in restructuring, cannabis regulations, and commercial litigation.
No successor named for CEO or Chairman; company in restructuring mode.

item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

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Departed

Michael Serruya

Executive Chairman of the Board

MedMen Enterprises, Inc.

Effective: 2024-01-24
Filed: January 24, 2024, 6:59 PM ET

On January 24, 2024, Michael Serruya, the Executive Chairman of the Board, who has served on the Board since August 2021, also resigned from the Board, effective immediately.

Departed

Ellen Harrison

Chief Executive Officer

MedMen Enterprises, Inc.

Effective: 2024-01-19
Filed: January 24, 2024, 6:59 PM ET

On January 19, 2024, Ellen Harrison notified the board of directors (the “Board”) of MedMen Enterprises Inc. (the “Company”) of her resignation from her positions as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Serruya resigned as Executive Chairman of the Board at MedMen Enterprises, Inc..

Action: resigned
Role: Executive Chairman of the Board

Exact text from the filing

On January 24, 2024, Michael Serruya, the Executive Chairman of the Board, who has served on the Board since August 2021, also resigned from the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ellen Harrison resigned as Chief Executive Officer at MedMen Enterprises, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On January 19, 2024, Ellen Harrison notified the board of directors (the “Board”) of MedMen Enterprises Inc. (the “Company”) of her resignation from her positions as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0001493152-24-003669

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