Canopy Growth Confirms CCO, COO Departure, Now Looks To Fill The Roles

Dave Bignioni and Andre Fernandez, CCO and COO respectively, have exited Canopy Growth CGC WEED.

In an email to Benzinga, Jordan Sinclair, vice president of communications for the Smith Falls, Canada-based company assured "both decisions were made mutually," adding that "Canopy has engaged an executive search firm to fill the roles of COO and CCO to lead the business forward."

Bigioni supervised a team of up to 300 people in charge of digital marketing, learning and development, information and analysis of consumer sales and creativity.

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Fernandez, meanwhile, assumed his COO position in 2016. He was responsible for executing the company's operational strategy, the recently-deleted Canpoy biography stated that his role was "to build a world-class globally integrated supply chain that would scale and innovate quickly to deliver comprehensive value to customers and shareholders."

It should be noted that in January, David Klein took the reins of the company as CEO and moved quickly to institute a number of significant changes.

“For a long time, Canopy has prioritized doing things first, but going forward, we’ll be focused on doing things the best in the markets and in the product formats that show the greatest promise,” Klein said.