Aurora Cannabis CEO Takes On Dual Role: Here’s What’s Behind The Leadership Change
Canadian medical cannabis giant Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) announced on Friday the appointments of CEO Miguel Martin to the additional role of executive chairman and outgoing chairman Ron Funk as lead independent director.
Both are backed by unanimous votes by the company’s board of director and are effective immediately.
Martin has led Aurora as CEO and a director since 2020, driving the company’s financial recovery and successful business transformation.
Why It Matters: The board said combining the CEO and chairman roles will “promote strong and consistent leadership, directional clarity, and effective and efficient decision making — all of which better position Aurora to execute on its vision for global leadership.”
“I am excited to take on this expanded role and equally thrilled that we will …