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Green Rise Reshapes Executive Team to Sharpen Greenhouse Operations

Story Highlights
  • Green Rise Foods restructures leadership after an executive departure, expanding CFO George Hatzoglou’s role to include COO responsibilities.
  • The company appoints Abe Schmitt as VP Operations to drive day-to-day greenhouse performance, emphasizing efficiency and process improvements.
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Green Rise Reshapes Executive Team to Sharpen Greenhouse Operations

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Green Rise Capital Corp. ( (TSE:GRF) ) has provided an announcement.

Green Rise Foods Inc. has announced a series of senior management changes following the departure of executive Adam Sudar, who played a key role in expanding the company’s greenhouse footprint in recent years. Chief Financial Officer George Hatzoglou has been promoted to the combined role of Chief Financial and Chief Operating Officer, taking charge of both financial leadership and operational performance across the company’s greenhouse operations, while Abe Schmitt has been appointed Vice-President, Operations, overseeing day-to-day on-site execution and continuous improvement at all greenhouse farms. The board and CEO Vincent Narang framed the reshuffle as a move to sustain production efficiencies and further process improvements, signaling a focus on operational discipline as the company seeks to build on its recent growth in greenhouse capacity.

More about Green Rise Capital Corp.

Green Rise Foods Inc., listed on the TSX Venture Exchange under the symbol GRF, operates greenhouse farms focused on controlled-environment agriculture, expanding its growing capacity from 51 acres to 86.5 acres over the past five years.

Average Trading Volume: 10,531

Technical Sentiment Signal: Sell

Current Market Cap: C$10.55M

Learn more about GRF stock on TipRanks’ Stock Analysis page.

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