Juul names new CFO amid administration shakeup, a number of high executives are out

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Juul names new CFO amid administration shakeup, a number of high executives are out

An individual within the viewers wears a shirt towards JUUL as JUUL Labs co-founder and Chief Product Officer James Monsees, foreground, testifies


An individual within the viewers wears a shirt towards JUUL as JUUL Labs co-founder and Chief Product Officer James Monsees, foreground, testifies earlier than a Home Oversight and Authorities Reform subcommittee on Capitol Hill in Washington, Thursday, July 25, 2019, throughout a listening to on the youth nicotine epidemic.

Susan Walsh | AP

Juul CEO Ok.C. Crosthwaite changed the chief monetary officer amid a administration shakeup on the embattled e-cigarette firm, in keeping with individuals acquainted with the matter.

A number of high executives have left the corporate, together with Chief Administrative Officer Ashley Gould and Chief Monetary Officer Tim Danaher, two veteran workers on the younger start-up. Newcomers Craig Brommers, chief advertising and marketing officer, and David Foster, senior vice chairman of superior applied sciences, are additionally gone.

“We’d not be the place we’re as an organization immediately with out the extraordinary efforts of some people who’ve requested to transition out of the corporate. I need to be sure that to particularly thank every of them,” Crosthwaite, a former Altria govt, stated in an e-mail despatched to workers Monday. 

Juul appointed Man Cartwright as its new CFO, a Juul spokesman confirmed to CNBC. Cartwright joined Juul in July as an govt transformation and operations officer, in keeping with his LinkedIn profile.

“Over the previous three months, Man has been instrumental in…



cnbc.com