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Aurora Cannabis appoints new chief financial officer, consolidates shares

Aurora Cannabis appointed Simona King, a veteran executive of multinational pharmaceutical company Bristol Myers Squibb, as chief financial officer.

The Canadian company also said in a Tuesday news release that it has completed its share consolidation.

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King takes over from Glen Ibbott, who was one of the longest-serving executives of Edmonton, Alberta-headquartered Aurora.

The company said in the release that Ibbott stepped down “to pursue new opportunities” and will remain in an advisory role over the next few months.

“Since 2017, Glen has dedicated immeasurable time, energy, and passion to shaping Aurora into a leading medical cannabis company; and we have been fortunate to have his leadership over the years as we navigated this emerging industry,” Aurora CEO Miguel Martin said in a

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