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- Stu Miller and Deborah Rosati bring extensive legal, finance and public markets experience to the Board -
TORONTO, Sept. 19, 2018 /CNW/ - Lift & Co. Corp. ("Lift & Co." or the "Company") (TSXV: LIFT) announces the appointment of Stu Miller as Board Chair and Deborah Rosati as Vice Chair of the Board.
"We are pleased to have such accomplished board members as Stu and Deborah to join Lift & Co.'s Board of Directors. Their deep legal and financial knowledge, corporate governance experience, and understanding of the public and cannabis markets will help guide the Company as we trade on the TSX-V and expand our platform into the recreational cannabis market," said Matei Olaru, Chief Executive Officer, Lift & Co. "Stu and Deborah both have strong track records as trusted leaders and I look forward to leveraging their expertise as we focus on the rapid growth of Lift & Co."
Mr. Miller commented: "I'm delighted by the positive reaction of the markets to Lift & Co.'s stock market debut and to lead the Board of Directors at this important time. I look forward to guiding the Company through its next phase as a publicly traded Company."
"I am excited to join Lift & Co.'s Board of Directors," said Ms. Rosati. "This is a unique opportunity to apply my experience as a board member at MedReleaf to help shape a Company leading the next wave of investment opportunities in cannabis. I look forward to working with Stu Miller, and the rest of the Board, to strengthen and grow this exciting business."
The Company also announces that following Lift & Co.'s successful TSX-V listing, the Company is undertaking a realignment of operating lines to increase efficiencies. Additionally, the Company announces the resignation of Chief Marketing Officer, Kerri-Lynn McAllister. Kerri-Lynn is departing to pursue new opportunities and the Company thanks her for her contributions.
About the New Board Members
Stu Miller is Chair of the Board of Directors of Lift & Co., and is also the Chair of the Compensation, Governance & Nominating Committee. Stu is a senior executive with a global renewable power company. He is also the Honorary Consul for the Republic of Seychelles in Toronto, Ontario and is a member of the Governance Committee of the Board of Governors of North York General Hospital. Stu was previously the Executive Vice President, General Counsel and Corporate Secretary of Capstone Infrastructure Corporation, the Managing Director and General Counsel for the Macquarie Group's North American private equity and infrastructure funds management division, and the Executive Director (Legal Department) and Corporate Secretary for Fairmont Hotels and Resorts. He began his career with McCarthy Tetrault LLP and was a partner in the corporate and securities law groups. Mr. Miller earned his combined Master of Business Administration/Juris Doctor degree from Osgoode Hall Law School and the Schulich School of Business.
Deborah Rosati most recently served as a director and Chair of the Audit Committee on the Board of Directors of MedReleaf (TSX:LEAF) and now serves on the Board of Directors of Lift & Co. Deborah is an accomplished Corporate Director, entrepreneur, Fellow Chartered Professional Accountant (FCPA) and certified Corporate Director (ICD.D) with more than 30 years of experience in technology, consumer, retail, private equity and venture capital. As an experienced Audit Committee and Nominating & Corporate Governance Committee chair, Deborah provides extensive knowledge as a Corporate Director in the areas of financial and enterprise risk management, corporate strategy, transformational changes, M&A, corporate governance and CEO and board succession planning. Deborah is the Founder & CEO of Women Get On Board, a leading member-based company that connects, promotes and empowers women to corporate boards. She was selected as a Diversity 50 2014 candidate, and also recognized in 2012 as one of WXN's Top 100 Canada's Most Powerful Women in the corporate director award category.
About Lift & Co.
Lift & Co. (TSXV: LIFT) is a platform that helps Canadians explore, understand, and make better-informed decisions around cannabis through superior information and data. Lift & Co. operates Canada's most comprehensive product-comparison resource of federally legal cannabis products; provides customized marketing solutions and data-backed insights into consumer and product trends; and connects businesses and consumers through its digital platform, and at its leading events, the Lift & Co. Expos and the Canadian Cannabis Awards. Lift & Co. Cannabis Retail Training Certification, developed in an exclusive partnership with MADD Canada, is available to both government and private clients. Learn more at lift.co.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended.
There can be no assurance that such forward-looking statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. The Company disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
SOURCE Lift & Co. Corp.