Canadian cannabis company Tilt (SVVTF) named Mark Scatterday as its interim CEO, effective immediately, following the resignation of Alex Coleman who will remain as chairman of the company's board.
"The plan has always been to identify a CEO with strong operational experience to replace me as soon as it made sense for the company," said Coleman. "With the completion of our four-way merger, public listing on the CSE and several subsequent acquisitions, it is an ideal time to make this change.
"Mark is a fantastic operator and exactly the person we need to transition this company to its next phase as we conduct this search. The Board will be looking for a permanent CEO who has proven success as a public company executive and who can utilize operational talent like Mark to best position TILT for future growth."