Althea Group Holdings (ASX:AGH) Announces CEO Resignation and Interim Appointment
Leadership Changes
Althea Group Holdings Ltd (ASX:AGH) has announced the resignation of Chief Executive Officer and Director Joshua Fegan, effective immediately. The Board has appointed Barry Katzman as Interim CEO, who brings extensive experience in the THC beverage industry.
Executive Comments
Chairman Vaughan Webber said, “The Board thanks Mr. Fegan for his tireless efforts in leading the Althea business since its inception and wishes him well in the future. The Board welcomes Mr. Katzman to the leadership role and looks forward to working closely with him to drive the growth of our THC beverage business.”
Interim CEO Barry Katzman stated, “I welcome the opportunity to lead this business at this important inflection point. Myself and our team are very well-suited and eager to leverage our THC beverage expertise globally and look forward to working closely with the Board in executing our THC Beverage strategy both in Canada and the United States.”
Outgoing CEO Joshua Fegan said, “Founding and leading AGH through some of the industry’s most challenging early years has been a defining experience. We found our way through enormous obstacles, and I leave the business with genuine purpose, strong foundations, and a bright future. I want to thank our employees, shareholders, Board, and valued partners for their support and belief in the Company.”
Motley Fool contributor Matt Burgess has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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