The company announced that Stephen A. Smith and Michael Lines had been appointed to the Company’s Board of Directors. Mr. Smith will chair Flow’s Audit Committee, and Mr. Lines will chair the Governance, Human Resources & Compensation Committee.
Mr. Smith has extensive leadership and managerial experience in the retail and hospitality sectors, previously serving as EVP Finance and CFO of Loblaw Companies Limited (TSX:L) and as co-CEO and CFO of Cara Operations Limited (now Recipes Unlimited). Mr. Smith currently serves on the Board of Directors of Organigram Holdings (TSX:OGI), Freshii (TSX:FRII), MAV Beauty Brands (TSX:MAV) and CE Brands (TSXV:CEBI).
Mr. Lines has 27 years of experience in the natural and traditional consumer packaged goods sector and is the Founder and President of Wellness Natural Inc. (Simply Protein). He has led branded and private label launches across numerous international markets and was instrumental in Flow’s entry into the U.S. market. Mr. Lines is also the Vice-Chair of Plant-Based Foods of Canada.
“On behalf of the Flow Board of Directors, I am pleased to extend a warm welcome to Stephen and Michael. We on the Board look forward to working with them as Flow continues with high growth and its path to profitability,” said Patrick Bousquet-Chavanne, Lead Independent Director.
“We believe adding depth to our Board in consumer packaged goods, and retail operations will be instrumental in furthering the Company’s strategic transformation into a more streamlined operating model that is sharply focused on the Flow brand and profitable growth,” added Nicholas Reichenbach, Founder, Chairman and CEO of Flow.
