The Vancouver-based vertically-integrated cannabis company said that as a “CPA with extensive CFO experience” across a variety of industries - including cannabis - Kaelin has joined the management team to help guide profitable growth.
The company thanked former CFO Stephen Radusch for his contributions.
Kaelin has over 25 years of financial management, strategic planning, accounting, and public company financial reporting experience. She has served as CFO and CIO for a number of privately-held companies and has expertise in mergers and acquisitions, corporate restructuring, and private and public equity and debt financings.
She has executed high-growth strategies, having increased revenue to more than $1 billion for a privately-owned company. She has held financial leadership positions in the cannabis industry for companies with operations in multiple states, including Nevada.
"Tricia is a dynamic leader and her wealth of experience and deep understanding of the company's positioning makes her the ideal candidate to execute on our strategy," Eugene Ruiz, president of 1933 Industries said in a statement.
"Our continued focus on expense reduction and adherence to cost controls are some of the necessary measures we have implemented to adapt to the changing environment and ensure the long-term success of the company.”
Kaelin’s appointment is the latest addition to the company's new executive leadership, following the appointments of Paul Rosen as CEO and Ruiz as president.
"It's a multifaceted and exciting industry at an important juncture. I am honored and appreciate the opportunity to apply my experience to benefit the company and foster growth as CFO," said Kaelin.
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