leadf
logo-loader
viewNext Green Wave

Next Green Wave adds veteran KPMG executive Norm Mayr to its board of directors

Mayr, a former audit partner at the accounting giant, amassed diverse experience in the cannabis, mining, forestry, technology, life sciences, retail and industrial markets sectors

Next Green Wave -
Next Green Wave also said it granted 2.45 million stock options to its board of directors exercisable at C$0.25 per share with a five-year expiry date

Next Green Wave Holdings Inc (CSE:NGW) (OTCQX:NXGWF) is boosting its board with the addition of former KPMG partner Norm Mayr.

Mayr, a former audit partner at the accounting giant, amassed diverse experience in the cannabis, mining, forestry, technology, life sciences, retail and industrial markets sectors. He was the lead engagement partner or quality review partner on many of KPMG's largest clients in said industries, including several multinational reporting issuers.

A seasoned accounting professional, Mayr was a founding member of CICA Accounting Standards Board in the early 1990s and served on multiple provincial and national accounting associations.

READ: Next Green Wave sees US$2.9 million in profit during its second quarter, sets new sales records for July and August

"Norm's extensive experience in not only governance, finance and risk management, but also California Cannabis, makes him a perfect addition to guide this company into its next stages,” CEO Mike Jennings said in a statement Wednesday.

“We could not be more excited to have someone of his calibre, and relevant experience, on our team."

Next Green Wave also said it granted 2.45 million stock options to its board of directors exercisable at C$0.25 per share with a five-year expiry date. Under the stock option plan, 850,000 stock options will vest 25% every six months for a period of two years and 1.6 million stock options will vest 100% on the date of grant.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Next Green Wave

Price: 0.35 CAD

CSE:NGW
Market: CSE
Market Cap: $59.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Next Green Wave named herein, including the promotion by the Company of Next Green Wave in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Next Green Wave continues to show management plan is working with more...

Next Green Wave (CSE: NGW- OTCQX: NXGWF) CEO Michael Jennings joined Steve Darling from Proactive with news the company continues to see positive cash flow, EBIDTA, and net income. Jennings talks about the last 7 months and how they continue to execute on their original business...

on 10/19/2020

2 min read