Tuesday, 15 January 2019 THC Global Group Ltd (ASX:THC) has appointed Mark Fortugno to replace Jarrod White as the company’s chief financial officer (CFO). Fortugno has over 15 years of financial experience and is a Chartered Accountant (CA) in Australia and Canada, in addition to being a Certified Public Accountant in the US. He has worked at KPMG (USA & Canada) in Cross Border Taxation, and as CFO for private-equity backed Cater Care in Australia At Cater Care he was a part of its growth in headcount by 720% and revenues by 474% (to $237 million) within 5 years of his appointment. Canadian experience relevant to growth strategy Fortugno is a Canadian national and has significant financial management experience in Canada. This will benefit THC Global as it grows its Canadian asset portfolio including a cannabis cultivation site in Nova Scotia, Canada to be completed shortly. READ: THC Global shares rise after securing cannabis permits from the Office of Drug Control THC Global’s CEO Ken Charteris said: “Mark’s specialisation in cross border transactions and implementation of high-growth strategies are a perfect mix for THC Global as we seek to aggressively expand into new regions and markets over the next 12 to 24 months in addition to transitioning into full-scale operations at our domestic cannabis production facilities. “We look forward to working closely with him in an exciting new period of growth for THC Global.”
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