Exactus Inc (OTCQB:EXDI), a leading producer of hemp-derived ingredients, announced Monday the appointment of Larry Wert, former president of Tribune Broadcast Media, to its board of directors.
Wert, who left Tribune in September 2019 after it was sold, will help Florida-based Exactus as it seeks to become a top player in the global hemp industry with its cannabidiol (CBD) and cannabigerol (CBG) products.
“It is truly a pleasure to have Larry on our board of directors,” said Andrew Johnson, Exactus’s chief strategy officer, in a statement.
“Larry’s 40-year career in broadcasting, where he recently served as president of Tribune Media, the nation’s largest local broadcast group, is going to be vital for us as we develop our presence and leadership in the hemp industry on a global level. Larry is established on various industry and charity boards, and we are looking forward to bringing his experience and relationships to Exactus,” Johnson added.
Wert commented: “Exactus has an incredible leadership team and a strong company vision for the future. I am confident that my experience in broadcasting, digital strategy, and strategic partnerships will contribute to executing their strategy."
Prior to his time as President of Tribune Broadcast media, Wert also served as president and general manager of WMAQ-TV, an NBC owned and operated station. Prior to that, he was president of The LOOP AM/FM, where he helped build Evergreen Media into the nation’s second-largest radio group, which was acquired by Clear Channel in 1998.
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