Lifeist Wellness Inc (TSE:LFST) has released an update.
Lifeist Wellness Inc. announces that CEO Meni Morim is set to step down amid a strategic corporate overhaul aimed at refocusing the company on core businesses Mikra Cellular Sciences and Aussie Vapes. During the leadership transition, Morim will stay on with reduced pay, while the Board of Directors, led by Chairman Branden Spikes, has also agreed to take pay cuts to better the company’s cash flow and profitability prospects in the transformative year ahead.
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