In a statement on Friday, the company noted that Scherbina is a highly experienced chartered professional accountant with over 20 years of experience in financial management and accounting with various publicly listed companies.
Prior to joining BevCanna earlier this year as its controller, Scherbina held senior financial management roles in the mining, construction and oil sectors, and acted as a strategic consultant to a number of mineral exploration companies.
“Oleg is a strong asset to the BevCanna team and we're pleased to promote him to this integral role," BevCanna's CEO Marcello Leone said in the statement.
"BevCanna is rapidly expanding our operations in both Canada and the US, and Oleg's experience with TSX-V listed companies, combined with his professional qualifications in both jurisdictions, will be critical to achieving our long-term goals."
Scherbina’s appointment comes as the Vancouver-based company prepares to launch its cannabis-infused beverage brands in North America.
"BevCanna is at an exciting point in its development," Scherbina commented.
"The infused beverage market is emerging quickly as a major sector within the already burgeoning cannabis industry, and we're ideally positioned to take advantage of this growth. I'm very much looking forward tackling my new role," the new CFO added.
He takes over the role from previous CFO Michael Darby, whose move to another city necessitated his resignation from the role.
BevCanna said it thanks Darby for his contribution to the company and for his work with Scherbina to ensure a smooth transition.
In connection with his appointment, the company has granted Scherbina 50,000 stock options to purchase up to 50,000 common shares.
Shares recently traded flat at C$0.59 in Toronto and rose 1.3% to US$0.44 on the OTC Markets.
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