Cronos Group names James Holm as CFO effective Nov 14, 2022; Robert Madore departs

Cronos Group Inc.

Robert Madore ceased as CFO; receives one-year base salary severance, pro-rated bonus, and accelerated vesting of 37,500 RSUs and 450,000 options.
James Holm appointed CFO, effective Nov 14, 2022; previously Global VP of Finance Transformation at Vertiv.
Holm's compensation: $385,000 base salary, 115% target bonus, $250,000 signing bonus, and one-time equity (options $250k, RSUs $50k).
Holm eligible for annual long-term incentive target of $577,500 starting in FY2023.

item 5.02 item 9.01

Executive movements

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Appointed

James Holm

Chief Financial Officer

CRON · Cronos Group Inc.

Effective: 2022-11-14
Filed: November 14, 2022, 6:59 PM ET

the Company has appointed James Holm as Chief Financial Officer of the Company.

Departed

Robert Madore

Chief Financial Officer

CRON · Cronos Group Inc.

Effective: 2022-11-14
Successor: James Holm
Filed: November 14, 2022, 6:59 PM ET

Robert Madore will no longer serve as Chief Financial Officer of Cronos Group Inc.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James Holm was appointed as Chief Financial Officer at Cronos Group Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Company has appointed James Holm as Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Madore departed as Chief Financial Officer at Cronos Group Inc..

Action: ceased
Role: Chief Financial Officer

Exact text from the filing

Robert Madore will no longer serve as Chief Financial Officer of Cronos Group Inc.

View on SEC.gov

Cronos Group Inc. filing history →

Source: SEC EDGAR

accession 0001656472-22-000170

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