OTTAWA – Hexo Corp. has named Scott Cooper as the cannabis company's new president and chief executive, effective immediately.<\/p>\n
Cooper is president and CEO of Truss Beverages, a joint venture between Hexo and Molson-Coors.<\/p>\n
Hexo says Cooper will head both companies for an interim period of up to six months to ensure a smooth transition.<\/p>\n
The appointment comes as Hexo completes a strategic reorganization that saw co-founder Sebastien St-Louis, who was also CEO, leave the company this week.<\/p>\n
Hexo also announced the resignation of chief operating officer Donald Courtney on Monday, though he is expected to remain until a replacement is found.<\/p>\n
The company has made several acquisitions this year, including deals to buy cannabis producer Redecan, 48North Cannabis Corp. and Zenabis Global Inc.<\/p>\n
This report by The Canadian Press was first published Oct. 20, 2021.<\/p>\n
Companies in this story: (TSX:HEXO, TSX:TPX.B)<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
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