{"id":485445,"date":"2021-05-03T06:03:32","date_gmt":"2021-05-03T10:03:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\/"},"modified":"2021-05-03T06:03:32","modified_gmt":"2021-05-03T10:03:32","slug":"organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\/","title":{"rendered":"Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed"},"content":{"rendered":"<p>        <!--.bwpagebreakafter { page-break-after: always }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed<\/b><\/p>\n<p>MONCTON, New Brunswick&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Board of Directors (the \u201cBoard\u201d) of Organigram Holdings Inc. (\u201c<strong><span style=\"font-weight:normal\">Organigram<\/span><\/strong>\u201d or the \u201c<strong><span style=\"font-weight:normal\">Company<\/span><\/strong>\u201d) (TSX: OGI) (NASDAQ: OGI) has confirmed that Greg Engel is stepping away from his role as CEO effective today, however he will continue to act as a special advisor to the Board through a transition period. The Board is grateful for the contributions Greg has made since joining the Company in 2017.\n<\/p>\n<p>\nPeter Amirault, current Board chairman, has been appointed by the Board to serve as executive chair on an interim basis, to oversee day-to-day management of the Company until a new permanent CEO is appointed. During this period, Geoff Machum, chair of the Board\u2019s Governance and Nominating Committee, will serve as the independent lead director.\n<\/p>\n<p>\n\u201cGreg has brought innovative leadership as the Company created new structures around operations and increased capacity to serve the growing marketplace, while ensuring our successful launch into the adult recreational cannabis space and bringing leading innovative new platforms and edible products to the marketplace,\u201d said Mr. Machum. \u201cGreg has also helped guide the Company during a global pandemic and through period of significant change within our sector, one in which he is a recognized leader<i>. <\/i>We are pleased that he will continue to serve as special advisor to the Board through this period of transition,\u201d stated Machum.\n<\/p>\n<p>\n\u201cWe are equally pleased that Peter Amirault will be leading Organigram as executive chair, while we begin a search process for a permanent CEO,\u201d said Machum. \u201cPeter has served as chair since 2017 and has deep senior and executive leadership experience in consumer packaged goods (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.organigram.ca%2Fabout%23board-of-directors&amp;esheet=52421911&amp;newsitemid=20210503005324&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.organigram.ca%2Fabout%23board-of-directors&amp;index=1&amp;md5=ea81ba7cf9b35fc6e25b69e9e3470ad8\">https:\/\/www.organigram.ca\/about#board-of-directors<\/a>) and during his tenure he has demonstrated strong governance leadership skills and excellent business acumen.\u201d\n<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p><b>About Organigram Holdings Inc.<\/b><\/p>\n<p>\nOrganigram Holdings Inc. is a NASDAQ Global Select Market and Toronto Stock Exchange listed company whose wholly owned subsidiaries include: Organigram Inc., a licensed producer of cannabis and cannabis-derived products in Canada and The Edibles and Infusions Corporation, a cannabis infused soft chew and confectionary manufacturer in Canada.\n<\/p>\n<p>\nOrganigram is focused on producing high-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the Company\u2019s global footprint. Organigram has also developed a portfolio of legal adult-use recreational cannabis brands including The Edison Cannabis Company, Indi, Bag o\u2019 Buds, SHRED and Trailblazer. Organigram\u2019s facility is located in Moncton, New Brunswick, with another leased manufacturing facility in Winnipeg, Manitoba. The Company is regulated by the Cannabis Act and the Cannabis Regulations (Canada).\n<\/p>\n<div class=\"bwpagebreakafter\" \/>\n<p><b>Forward-Looking Information<\/b><\/p>\n<p>\nThis news release contains forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as \u201cplans\u201d, \u201cexpects\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201canticipates\u201d, \u201cbelieves\u201d or variations of such words and phrases or state that certain actions, events, or results \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d or \u201cwill\u201d be taken, occur or be achieved, and include statements regarding the search process and anticipated skill set for a permanent CEO. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, events, performance or achievements of Organigram to differ materially from current expectations or future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Such risks include the risk that Organigram may not be able to identify or attract candidates having the desired skill set as permanent CEO on a timely basis or at all, and the factors and risks as disclosed in the Company\u2019s most recent annual information form, management\u2019s discussion and analysis and other Company documents filed from time to time on SEDAR (see <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedar.com&amp;esheet=52421911&amp;newsitemid=20210503005324&amp;lan=en-US&amp;anchor=www.sedar.com&amp;index=2&amp;md5=721270e7d3d3429605b435f8187f4e5f\">www.sedar.com<\/a>) and filed or furnished to the Securities and Exchange Commission on EDGAR (see <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52421911&amp;newsitemid=20210503005324&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=3&amp;md5=cca386305d5efcddcb7f456d7c29e6bf\">www.sec.gov<\/a>). Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking information included in this news release are made as of the date of this news release and the Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210503005324r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210503005324\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210503005324\/en\/<\/a><\/span><\/p>\n<p>\nAmy Schwalm, Vice President, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:amy.schwalm@organigram.ca\">amy.schwalm@organigram.ca<br \/>\n<\/a><br \/>(416) 704-9057\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Alternative Medicine Retail Health Agriculture Natural Resources Specialty Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210503005324\/en\/731973\/3\/OGI_LogoHorizontalCMYK.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed MONCTON, New Brunswick&#8211;(BUSINESS WIRE)&#8211; The Board of Directors (the \u201cBoard\u201d) of Organigram Holdings Inc. (\u201cOrganigram\u201d or the \u201cCompany\u201d) (TSX: OGI) (NASDAQ: OGI) has confirmed that Greg Engel is stepping away from his role as CEO effective today, however he will continue to act as a special advisor to the Board through a transition period. The Board is grateful for the contributions Greg has made since joining the Company in 2017. Peter Amirault, current Board chairman, has been appointed by the Board to serve as executive chair on an interim basis, to oversee day-to-day management of the Company until &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-485445","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed MONCTON, New Brunswick&#8211;(BUSINESS WIRE)&#8211; The Board of Directors (the \u201cBoard\u201d) of Organigram Holdings Inc. (\u201cOrganigram\u201d or the \u201cCompany\u201d) (TSX: OGI) (NASDAQ: OGI) has confirmed that Greg Engel is stepping away from his role as CEO effective today, however he will continue to act as a special advisor to the Board through a transition period. The Board is grateful for the contributions Greg has made since joining the Company in 2017. Peter Amirault, current Board chairman, has been appointed by the Board to serve as executive chair on an interim basis, to oversee day-to-day management of the Company until &hellip; Continue reading &quot;Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; Interim Leadership Appointed&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-03T10:03:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210503005324r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/organigram-ceo-steps-away-from-role-will-continue-to-act-as-a-special-advisor-to-the-board-of-directors-interim-leadership-appointed\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Organigram CEO Steps Away From Role, Will Continue to Act as a Special Advisor to the Board of Directors; 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(\u201cOrganigram\u201d or the \u201cCompany\u201d) (TSX: OGI) (NASDAQ: OGI) has confirmed that Greg Engel is stepping away from his role as CEO effective today, however he will continue to act as a special advisor to the Board through a transition period. The Board is grateful for the contributions Greg has made since joining the Company in 2017. 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