secwatch.observer — SEC 8-K summary
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Issuer:     Cronos Group Inc. (CRON)
CIK:        0001656472
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001656472-22-000170
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/0001656472-22-000170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1656472/000165647222000170/cron-20221113.htm
  HTML page:      https://secwatch.observer/filing/0001656472-22-000170

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer