Kaival Brands Innovations Group (KAVL) has shared an update.
A wave of resignations has hit the company, with CFO Thomas Metzler, Interim CEO Barry Hopkins, COO Stephen Sheriff, and directors Roger Brooks and George Chuang stepping down, all citing no disagreements with the company’s operations or practices. Amidst these departures, Eric Mosser has been appointed as the new Interim CEO and President. Mosser, already serving as a Senior Advisor and CEO of a subsidiary, takes on his new role without changes to his employment agreement and with no disclosed conflicts of interest or familial ties to the board or other executive officers.
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