Terry Yanofsky and David Lazzarato appointed as John Bell and Peter Stringham retire from the CGC Board.
SMITHS FALLS – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) is pleased to announce that Ms.Terry Yanofsky and Mr. David Lazzarato have been appointed to the Company’s Board of Directors, effective immediately.
“It is my pleasure to welcome both Terry and David to the board,” said Judy Schmeling, Chair of the Board of Directors, Canopy Growth. “Their leadership and experience in highly competitive industries will be instrumental as we focus the business and evolve into an execution-driven operating company. I also want to thank outgoing board members, Peter Stringham and John Bell, for their contribution and service to the board during times of rapid expansion and growth.”
John Bell is the former Lead Director and Peter Stringham Chaired the Corporate Governance, Compensation and Nominating Committee.
Ms. Yanofsky has extensive experience working with big-name retailers and is respected for her strategic leadership and disciplined approach to driving revenue. She most recently served as the Senior Vice-President, General Manager of Sephora Canada. Prior to joining Sephora, Ms. Yanofsky worked at L Brands where she was the country manager for Bath & Body Works Canada. She brings over 30 years of experience working with rapidly growing big-name global retailers.
“I’m thrilled to join Canopy’s Board” said Ms. Yanofsky. “There is no company better positioned in the emerging global cannabis market, and I look forward to working with Canopy Growth’s very talented leadership team to ensure that it remains an innovator and disruptor in the cannabis retail market.”
Mr. Lazzarato’s impressive career includes senior executive positions with Alliance Atlantis Communications, Allstream, Bell Canada and CAE. He also has extensive board experience and currently serves as The Star Group’s Chairman of the Audit Committee and as a member of the Corporate Governance and Nominating Committee. Mr. Lazzarato brings to the board a demonstrated commercial and financial acumen to assist businesses going through pivotal inflection points.
“I’m honoured to be a member of the Board of Directors at Canopy Growth,” Mr. Lazzarato said. “I look forward to working with my fellow board members and the entire Canopy Growth leadership team to build on the foundation that has been laid as we expand and transform the company to maintain its position as leader in the cannabis industry.”