Tilray Adds CPG Veterans to Its Senior Leadership

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Tilray®
Expands
Global
Leadership
Team
with
New
COO
and
CFO


Former
Revlon
executive,
Jon
Levin,
joins
as
Chief
Operating
Officer
and
former
Molson
Coors
and
Pharmaca
executive,
Michael
Kruteck
joins
as
Chief
Financial
Officer


Current
Tilray
CFO,
Mark
Castaneda,
to
stay
on
in
strategic
business
development
role

NANAIMO,
British
Columbia-January
14,
2020-(BUSINESS
WIRE)–Tilray,
Inc.

(NASDAQ:
TLRY),
a
global
pioneer
in
cannabis
production,
research,
cultivation,
and
distribution,
announces
the
expansion
of
its
global
senior
leadership
team
with
two
strategic
hires:
Jon
Levin
as
Chief
Operating
Officer,
who
was
formerly
with
Revlon,
and
Michael
Kruteck
as
Chief
Financial
Officer,
who
was
formerly
with
Molson
Coors
and
Pharmaca.
Mr.
Kruteck’s
appointment
will
be
effective
immediately
after
filing
the
Annual
Report
on
Form
10-K
for
the
year
ended
December
31,
2019.
Mark
Castaneda,
Tilray’s
current
CFO,
will
take
on
the
role
of
Strategic
Business
Development
and
continue
to
advise
the
company
and
assist
in
Kruteck’s
transition.

We
are
thrilled
to
have
these
experienced
leaders
join
our
team
as
we
continue
to
disrupt
the
global
pharmaceutical,
alcohol,
CPG
and
functional
food
and
beverage
industries.

Brendan
Kennedy,
Tilray
CEO

Jon
and
Michael
come
to
Tilray
with
extensive
expertise
in
their
respective
fields
and
we
look
forward
to
their
contributions
as
we
pioneer
the
future
of
cannabis
and
hemp
around
the
world.
As
CFO,
Mark
has
led
the
company
through
its
IPO
and
substantial
growth
in
the
past
couple
years
and
we
thank
him
as
he
transitions
to
a
new
strategic
role
with
the
company.

Levin,
COO,
joins
Tilray
from
Revlon
where
he
most
recently
was
General
Manager,
U.S.
Mass
Markets,
responsible
for
the
consumer
products
sold
through
major
retailers
in
the
United
States.
With
25
years
of
experience,
Levin
has
general
management
knowledge
in
diverse
industries
including
beauty
and
health,
CPG
and
sporting
goods.
Prior
to
Revlon,
he
was
the
Executive
Vice
President,
Sales,
for
Ferrara
Candy
Company,
and
had
senior
sales
leadership
positions
with
Nautilus,
Wrigley
and
Acosta.
Levin
has
a
B.S.
in
Economics
from
Portland
State
University
and
a
degree
in
Executive
Management
from
Cornell
University.

Kruteck,
CFO,
served
multiple
senior
financial
roles
at
Molson
Coors
Beverage
Company
and
most
recently
as
CFO
for
Pharmaca
Integrative
Pharmacy.
With
over
30
years
of
experience,
Kruteck
possesses
a
broad
finance
background
with
specific
experience
in
financial
and
operational
transformations,
supply
chain,
corporate
finance,
and
financial
planning
and
analysis.
Michael
received
his
MBA
from
the
Garvin
School
of
International
Management
(Thunderbird)
and
his
B.A.
from
the
University
of
Colorado
at
Boulder.

Tilray’s
current
CFO,
Mark
Castaneda,
who
joined
the
company
in
March
2018,
will
take
on
the
role
of
Strategic
Business
Development
focusing
on
strategic
initiatives
for
Tilray
while
also
supporting
Kruteck
through
the
transition.


About
Tilray®

Tilray
(NASDAQ:
TLRY)
is
a
global
pioneer
in
the
research,
cultivation,
production
and
distribution
of
cannabis
and
cannabinoids
currently
serving
tens
of
thousands
of
patients
and
consumers
in
15
countries
spanning
five
continents.


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