Business
Charlotte's Web Names Pharmaceutical Industry Veteran Stephen Lermer as Chief Operating Officer
Charlotte's Web Names Pharmaceutical Industry Veteran Stephen Lermer as Chief Operating Of...
About this update from Charlotte's Web Holdings, Inc.
[{"type":"text","content":"\n\n\n\nCharlotte's Web Names Pharmaceutical Industry Veteran Stephen Lermer as Chief Operating Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nBOULDER, CO, Jan. 31, 2019\n\n\n\nBuilding a Global Dietary Supplements Company with Pharmaceutical Operating Expertise\n BOULDER, CO, Jan. 31, 2019 /CNW/ - (CSE: CWEB; OTCQX: CWBHF) Charlotte's Web Holdings, Inc. (\"Charlotte's Web\" or the \"Company\"), the market leader in whole-plant hemp extract products with naturally occurring cannabidiol (\"CBD\"), is pleased to announce that Stephen Lermer has joined the Company in the newly formed role of Chief Operating Officer effective January 28, 2019. Mr. Lermer, who comes to Charlotte's Web from the pharmaceutical industry, where he held senior leadership and executive positions at DuPont, Johnson & Johnson, Burroughs Wellcome (now GlaxoSmithKline), Rhone Poulenc (now Sanofi), Orion Oyj and Akela Pharma, will become responsible for overseeing all aspects of the Company's manufacturing, supply chain, research & development, legal and regulatory affairs, quality assurance and control, engineering, cultivation and operations management functions. \nMr. Lermer has over 38 years of experience overseeing start-up, mid and large-scale global pharmaceutical, cosmetic and consumer-packaged goods (\"CPG\") operations, product development and commercialization, and manufacturing and distribution. He also brings a seasoned global business perspective to operational decision making having lived and worked in Europe, the Caribbean, Central America, South America and North America. Mr. Lermer's deep international business experience includes cross border mergers & acquisitions, international drug development and new market entry experience.\n\"Stephen is a valuable and timely addition to our evolving leadership team,\" said Hess Moallem, President and CEO of Charlotte's Web. \"His appointment dramatically expands our domestic and international operational capabilities and brings h...