Car dealer Lookers loses temporary finance director and hires BDO as auditor as it rebuilds from financial scandal

TipRanks

3 U.S. Cannabis Stocks Gearing up for Growth; Cantor Says ‘Buy’

At the end of 2018, Canada fully legalized cannabis, nationwide, for both medical and recreational use. With the incoming Biden Administration, the US is expected to follow suit with Federal-level legalization, or at least formal decriminalization, sometime in the next four years. An exact timetable is impossible to predict; much will depend on the partisan makeup of Congress after the Georgia Senate runoff vote in early January.For now, cannabis legalization in the US is something of a checkerboard. Most states have at least partial legalization, with only Idaho and Nebraska holding out. Eleven states have made cannabis fully legal for all adults; the remaining 37 states have some form of partial medical use, and even Nebraska has decriminalized the substance. Under Federal law, cannabis remains an illegal controlled substance.Cantor analyst Pablo Zuanic recently met with several cannabis industry

Read More

EasyJet chief hires finance director from TUI to help airline’s fightback from Covid quarantine crisis

A file picture of staff cleaning an EasyJet plane at Gatwick Airport: PA
A file picture of staff cleaning an EasyJet plane at Gatwick Airport: PA

EasyJet chief executive Johan Lundgren today hired one of the top executives at his former employer, Tui, to be his new finance director and help lead the struggling airline’s fightback from the catastrophic effect of the pandemic on its business.

Kenton Jarvis, 52, will replace Andrew Findlay, who resigned in May, days after surviving an effort by founder and major shareholder Stelios Haji-Ioannou to oust him and other directors.

Jarvis is chief executive of Tui’s Aviation division among other roles and was once finance director of Airtours Holidays, part of MyTravel, which was merged with the now-collapsed Thomas Cook. MyTravel had an accounting debacle which claimed the scalps of several senior directors between 2002 and 2003.

Jarvis joined Tui in 2003 and rose through the ranks to the management board level. EasyJet said he had “proven his

Read More

Doug Belgrad’s 2.0 Entertainment Hires Zack Conroy As SVP Finance & Operations

Zack Conroy is joining Doug Belgrad’s production and financing company 2.0 Entertainment as SVP, Finance & Operations.

Conroy will oversee all financial affairs of 2.0, including supervising accounting and tax matters and investor relations; he will also manage the banking facility led by Union Bank and the financial relationship with the label’s home studio, Sony Pictures.

“Zack is a smart and savvy financial executive and a great fit with the 2.0 culture. His experience at SunTrust, a significant participant in our credit facility, will add to our expertise and expand and grow our relationships with the financial community,” said Belgrad.

Conroy was previously VP in SunTrust Robinson Humphrey’s Entertainment Industries Group, where he provided capital and strategic advisory counsel to film, television, and digital media businesses including 2.0, Legendary Entertainment, Electric Entertainment, and Industrial Media. Prior to SunTrust, Conroy was an Associate at Aperture Media Partners (Mother’s Day,

Read More

Subscribe US Now