Charlotte’s Web Has New COO

Charlotte’s Web Has New COO

Colorado-based CBD maker Charlotte’s Web has named a new chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at businesses including Estee Lauder Company, Campbell Soup Co., and Tyco Healthcare/Covidien. Lermer left the company exactly one year after starting his job.Panter will report to Deanie Elsner, Charlotte’s Web CEO. Charlotte’s Web Holdings lost $18.8 million last quarter, a plunge of 688% from the same period in 2018. Charlotte’s Web trades on the Toronto Stock Exchange as CWEB.   Colorado-based Charlotte’s Web hires new chief operating officer   THE FULL PRESS RELEASE   Charlotte’s Web Names David Panter as Chief Operating Officer NEWS PROVIDED BY Charlotte’s Web Holdings, Inc.  Mar 30, 2020, 09:07 ET  Market Leading Hemp-Derived CBD Brand Enters into Next Phase of Growth and Expansion BOULDER, CO, March 30, 2020 /PRNewswire/ – (TSX: CWEB,OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the world’s most trusted hemp extract and market leader in hemp-derived cannabidiol (“CBD”) wellness products, is pleased to announce that David Panter has joined the Company as Chief Operating Officer, effective March 30, 2020. Mr. Panter brings over 20 years of broad global supply chain experience at leading cosmetic, agriculture, pharmaceutical, medical device and consumer packaged goods (CPG) companies, including Estée Lauder Company, Luxottica Retail, Campbell Soup Company, and Tyco Healthcare/Covidien. Most recently, at Estée Lauder Company, Mr. Panter was responsible for optimizing the…

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Source : CANNANNEW REPORT
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