---
schema_version: "secwatch.filing_event.v1"
accession: "0001656472-23-000008"
form_type: "8-K/A"
ticker: "CRON"
cik: "0001656472"
company_name: "Cronos Group Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:10:16.071136+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cronos Group finalizes CFO Robert Madore's separation terms; $450k lump sum, accelerated equity vesting

## Summary
- Lump sum payment of $450,000 (one year salary) plus $18,356.61 for benefits premium.
- Pro-rated 2022 bonus: individual performance component $123,750, business component per STIC Program formula.
- Accelerated vesting of 450,000 stock options and 37,500 RSUs; options exercisable until June 14, 2023.
- Ongoing non-disparagement, confidentiality, and non-competition covenants reaffirmed in separation agreement.

## SEC filing metadata
- accession: 0001656472-23-000008
- form_type: 8-K/A
- ticker: CRON
- cik: 0001656472
- company_name: Cronos Group Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1656472/000165647223000008/0001656472-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1656472/000165647223000008/cron-20221113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656472-23-000008
- JSON: https://secwatch.observer/filing/0001656472-23-000008.json
- Plain text: https://secwatch.observer/filing/0001656472-23-000008.txt

## Key facts
- Executive change
  Robert Madore departed as Chief Financial Officer at Cronos Group Inc..
  - Action: ceased to serve
  - Role: Chief Financial Officer
  source text: As previously disclosed, effective as of November 14, 2022, Robert Madore ceased to serve as Chief Financial Officer of Cronos Group Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1656472/000165647223000008/0001656472-23-000008-index.htm

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