view1933 Industries Inc.

1933 Industries announces raft of board changes, including new chairman

Terry Taouss becomes the new chair, while Lisa Capparelli and Mark Baynes join as directors

1933 Industries Inc. -
The cannabis-focused group unveiled a raft of board changes on Friday

1933 Industries Inc (CSE:TGIF) (OTCMKTS:TGIFF), the cannabis-brand focused group, announced a raft of board changes on Friday, including two new senior executives and a new chairman. 

Terry Taouss becomes the new chair, while two seasoned senior executives in the beauty and CPG (consumer packaged goods) industries respectively Lisa Capparelli and Mark Baynes have joined as directors. 

Brayden Sutton and Cameron Watt have resigned as directors, the former to focus on his family, the company said in a statement. 

READ: 1933 Industries updates on progress at its customized hemp processing lab in Vegas

Capparelli's expertise will be invaluable as the firm continues to focus on brand development, consumer engagement and sales growth across the United States, it said.

She has developed effective, innovative marketing and communication strategies for iconic beauty companies including Coty Inc (NYSE:COTY), L’Oréal and Revlon Inc (NYSE:REV), and is highly adept at identifying emerging beauty trends and creating award-winning digital and influencer marketing platforms, said 1933.

Baynes is a senior marketing executive with over 30 years’ blue-chip experience in the CPG industry, having worked for Nestle SA (VTX:NESN), Kraft Heinz Co (NASDAQ:KHC), Kellogg Company (NYSE:K), and Keurig.

"As we continue to focus on the growth of our branded consumer packaged goods, we are bringing new directors to help us drive the business and achieve our goals. Both Lisa and Mark are results-driven, experienced executives in their respective fields who will bring their extensive networks and resources to assist us in taking the company to the next level," said Chris Rebentisch, chief executive of 1933.

Meanwhile, Sutton will continue to support the company in an advisory role, explained Rebentisch.

"As founder and former CEO, Brayden built 1933 Industries from the ground up, implemented strong capital efficient practices that have ensured the sustainable growth of the company and helped to guide the company’s strategy as chairman of the board. 

"On behalf of the board and the entire company, we thank Brayden for his enormous contributions, leadership and guidance. We also thank Cam for his valuable contributions during his tenure as a director."

A transformative year

Taouss, the newly-appointed chairman, added: "2020 will be a transformative year for the company and the new directors will undoubtedly have a positive impact on the business, bringing valuable new perspectives and expertise in the key areas of marketing, branding and corporate governance.”

Also, in Friday's statement, 1933 said that Alexia Helgason had been appointed VP of investor relations and that Jordan Stroum has been named director of operations for 1933 Industries.

1933 Industries is focused on the cultivation and manufacturing of cannabis consumer branded goods in a wide range of product formats.

Shares in Canada eased 2.44% to C$0.20 each.

Contact the author at [email protected]

Quick facts: 1933 Industries Inc.

Price: 0.06 CAD

Market: CSE
Market Cap: $17.13 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of 1933 Industries Inc. named herein, including the promotion by the Company of 1933 Industries Inc. in any Content on the Site, the Company...



1933 Industries adds to management team with hiring of Eugene Ruiz as President

1933 Industries (CSE: TGIF- OTCQX: TGIFF) New President Eugene Ruiz joined Steve Darling from Proactive Vancouver to talk about his new role with the company. He provided his background and what he is bringing to his new role. Ruiz also told Proactive about some recent happening with the...

2 weeks, 1 day ago

3 min read