Exactus Inc (OTCQB:EXDI) said it has promoted its chief growth officer (CGO) Derek Du Chesne to the position of president and appointed him to its board of directors.
During his tenure as CGO at the hemp-derived ingredients firm, Du Chesne implemented internal infrastructure systems designed to scale up the business while developing additional income streams.
The company added that Du Chesne is a brand management professional with a proven track record of creating integrated marketing strategy platforms, through concept, development, and launch, as well as building iconic brands by orchestrating successful campaign deployment on both a global and regional scale.
Before joining Exactus, Du Chesne was responsible for over $50 million in 2019 revenue and secured over $40 million in funding for his previous company.
In a statement, Bobby Yampolsky, Exactus chairman, said: “We are happy to announce the promotion of Derek Du Chesne as President and appointment to the Board of Directors of Exactus Inc., where he will take on more responsibility and continue to contribute to the growth and success of Exactus. Derek has been a principal driving force in restructuring and organizing a strong team as well as securing funding and new investors."
"His industry knowledge and market vision is exactly what our Company has needed to accomplish our goal of being a leader in the hemp industry. There are only a handful of executives in the world that hold these accolades in the hemp space and we are very happy to have him lead our company and guide us to the next phase of success”, he added.
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