MONCTON, N.B. – Organigram Holdings Inc. says Greg Engel is stepping down from his chief executive post.<\/p>\n<\/p>\n
The Moncton, N.B.-based cannabis company did not offer details on Engel’s departure, but says he will continue to act as a special adviser to the board during a “transition period.<\/p>\n<\/p>\n
Organigram’s board chairman Peter Amirault has been appointed to serve as executive chair on an interim basis and oversee day-to-day management of the company until a new CEO is named.<\/p>\n<\/p>\n
Engel has led the company since 2017 and was recently involved with signing Organigram’s $221-million deal with British American Tobacco.<\/p>\n<\/p>\n
In the months leading up to the deal, Organigram announced it would cultivate less cannabis than its Moncton facilities were designed to produce.<\/p>\n<\/p>\n
It also laid off at least 220 workers, or roughly one-quarter of its staff.<\/p>\n<\/p>\n
This report by The Canadian Press was first published May 3, 2021.<\/p>\n<\/p>\n
Companies in this story: (TSX:OGI)<\/p>\n<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
MONCTON, N.B. – Organigram Holdings Inc. says Greg Engel is stepping down from his chief executive post. The Moncton, N.B.-based cannabis company did not offer details on Engel’s departure, but says he will continue to act as a special adviser to the board during a “transition period. Organigram’s board chairman Peter Amirault has been appointed […]<\/p>\n","protected":false},"author":522,"featured_media":1633,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"guid":"","source":"The Canadian Press","byline":"","published":"2021-05-03T07:34:09","updated":"","_infotelid":"CP1018306226","_prepressid":"","_multisite_post_sync":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[383,2,381],"tags":[],"region":[309,310,311,312],"class_list":["post-1634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in420","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/in420\/news\/1634\/organigram-ceo-greg-engel-steps-down-peter-amirault-appointed-on-interim-basis-2\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Organigram CEO Greg Engel steps down, Peter Amirault appointed on interim basis","url":"http:\/\/infonews.ca\/in420\/news\/1634\/organigram-ceo-greg-engel-steps-down-peter-amirault-appointed-on-interim-basis-2\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/infonews.ca\/in420\/news\/1634\/organigram-ceo-greg-engel-steps-down-peter-amirault-appointed-on-interim-basis-2\/"},"thumbnailUrl":"https:\/\/infonews.ca\/in420\/wp-content\/uploads\/sites\/3\/2021050312050-60901ec789f4488d06b38f0fjpeg.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/infonews.ca\/in420\/wp-content\/uploads\/sites\/3\/2021050312050-60901ec789f4488d06b38f0fjpeg.jpg"},"articleSection":"business","author":[{"@type":"Person","name":"The Canadian Press"}],"creator":["The Canadian Press"],"publisher":{"@type":"Organization","name":"iN420","logo":""},"keywords":[],"dateCreated":"2021-05-03T14:34:09Z","datePublished":"2021-05-03T14:34:09Z","dateModified":"2021-05-03T21:34:09Z"},"rendered":"