Tilt Holdings CFO Dana Arvidson departs; Brad Hoch named interim CFO; company cuts headcount

TILT Holdings Inc.

Dana Arvidson departed as CFO effective May 22, 2023; he had served since December 2022.
Brad Hoch, former CFO and current Chief Accounting Officer, appointed Interim CFO effective same date.
Company reducing corporate overhead and headcount, including senior leadership, to preserve capital.
Interim CEO Tim Conder cites need to optimize for capital preservation and cash generation.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Dana R. Arvidson

Chief Financial Officer

TILT Holdings Inc.

Effective: 2023-05-22
Successor: Brad Hoch
Filed: May 26, 2023, 7:59 PM ET

On May 22, 2023, Dana R. Arvidson departed as Chief Financial Officer of TILT Holdings Inc. (the “Company”).

Appointed (interim)

Brad Hoch

Interim Chief Financial Officer

TILT Holdings Inc.

Effective: 2023-05-22
Filed: May 26, 2023, 7:59 PM ET

The Board of Directors (the “Board”) of the Company approved, effective as of May 22, 2023, the appointment of Brad Hoch, the current Chief Accounting Officer, as Interim Chief Financial Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dana R. Arvidson departed as Chief Financial Officer at TILT Holdings Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

On May 22, 2023, Dana R. Arvidson departed as Chief Financial Officer of TILT Holdings Inc. (the “Company”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Hoch was appointed as Interim Chief Financial Officer at TILT Holdings Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

The Board of Directors (the “Board”) of the Company approved, effective as of May 22, 2023, the appointment of Brad Hoch, the current Chief Accounting Officer, as Interim Chief Financial Officer of the Company.

View on SEC.gov

Source: SEC EDGAR

accession 0001558370-23-010495

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