Sativa Investments PLC (LON:SATI), the UK's first medicinal cannabis investment vehicle, has appointed former WPP man Joseph Colliver as its chief financial officer.
Colliver is a qualified chartered accountant with significant management consulting experience. Before joining Sativa, Joseph was a director of consulting at Kantar Consulting, which is part of marketing and advertising leviathan WPP.
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"Joseph brings a depth of international experience including from his time at Kantar Consulting, part of WPP PLC, where he advised clients on developing commercial capability,” said Geremy Thomas, the founder and chief executive officer of Sativa.
“Coupled with his experience as chief financial officer at Kantar Futures, a consultancy business with a US$32 million turnover, his role as global commercial director of WPP's Kantar subsidiary Taylor Nelson Sofres, a US$1.8 billion turnover marketing agency, and his Mazars' Accountancy training, Joseph has a lot to offer the ever-expanding Sativa," Thomas said.
Thomas said that, with four investments under its belt thus far and a pipeline of potential investments, it was time for Sativa to appoint “an experienced, strategically-thinking full-time finance head”.