---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-22-000170"
form_type: "8-K"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:31:39.894533+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001656472-22-000170
- form_type: 8-K
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/0001656472-22-000170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/cron-20221113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-22-000170
- JSON: https://secwatch.observer/filing/0001656472-22-000170.json
- Plain text: https://secwatch.observer/filing/0001656472-22-000170.txt

## Key facts
- Executive change
  James Holm was appointed as Chief Financial Officer at Cronos Group Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Company has appointed James Holm as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/0001656472-22-000170-index.htm
- Executive change
  Robert Madore departed as Chief Financial Officer at Cronos Group Inc..
  - Action: ceased
  - Role: Chief Financial Officer
  source text: Robert Madore will no longer serve as Chief Financial Officer of Cronos Group Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/0001656472-22-000170-index.htm

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