Jushi Holdings has appointed Edward Kremer as the Company’s Chief Financial Officer.
Mr. Kremer most recently served as Chief Operating and Restructuring Officer of Le Tote and Lord & Taylor, overseeing the organization’s M&A and restructuring efforts. Prior to his time at Le Tote and Lord & Taylor, he held a number of executive leadership and finance roles with both public and private equity backed leading consumer products companies, most notably Oakley, Oliver Peoples, Beats Electronics (Beats by Dr. Dre), Noon Home and 360fly.
In his new role, Mr. Kremer will report to Jushi’s CEO, Chairman, and Founder Jim Cacioppo, and be responsible for overseeing the Company’s accounting and finance departments, while leading financial strategies and acting as a key business partner to the senior leadership team. Jushi will seek regulatory approval, as necessary, to effectuate Mr. Kremer’s role and responsibilities in the various jurisdictions where Jushi is, or will become, licensed as a cannabis operator.
Jushi also announced that Kimberly Bambach has stepped down from her role as CFO effective immediately. Ms. Bambach will remain with the Company in a support role through December 1, 2021, and as a consultant to the Company for an additional four months to ensure a continued smooth transition.