Former Lululemon Executive Joins True Leaf As CFO

Sep 20, 2018 | 11:50 AM

Former Lululemon executive Kerry Biggs has joined True Leaf Medicine International as its Chief Financial Officer.

Biggs was Vice President, Treasurer looking after capital markets, liquidity, treasury, insurance and risk activities for Lululemon.

He has also held financial positions with Global Container Terminals, Finning International and Enbridge, both large publicly traded companies.

Darcy Bomford, Founder and Chief Executive Officer of True Leaf says Biggs has a strong understanding of a business’s key performance drivers that will be invaluable to True Leaf as it continues to grow.

Biggs says “Joining True Leaf is a unique opportunity to work for a strong company with a leading position in the high-growth pet and cannabis markets, and with an established global distribution of its legal products. I am most looking forward to working with the team to tell True Leaf’s growth story to the market.”

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He holds an MBA from the Richard Ivey School of Business (University of Western Ontario), a Chartered Professional Accountant designation, and a Bachelor of Arts, Political Science degree from the University of Victoria.

The Company also announced it has granted stock options to officers and consultants to purchase up to a total 1,050,000 common shares, exercisable at a price of 56 cents per share, which was the closing price of the Company’s shares on September 10, 2018, being the date of grant.

The majority of the stock options are exercisable for five years until September 10, 2023.

by Tom Mark