News

Aurora CEO Miguel Martin adds another title, executive chairman

Published on September 25, 2024 by Pat Bulmer

Photo: Contributed

Power has been consolidated at the top of Aurora Cannabis, with Aurora CEO Miguel Martin.

The Edmonton-based company announced chief executive officer Miguel Martin will also take on the role of executive chairman.

Outgoing chairman Ron Funk will become the “lead independent director,” the company announced Sept. 20 in a news release.

Martin became CEO in September 2020.

“During this time, Mr. Martin has driven significant change within the organization, including the financial recovery of the company,” the news release said. “As a result, Aurora has been able to weather much of the challenges that most in the cannabis industry have and continue to face.”

The release goes on to explain the new roles:

“The board believes that combining the CEO and chairman roles will promote strong and consistent leadership, directional clarity, and effective and efficient decision making.

“Funk will continue to be focused on ensuring that the board functions effectively and independently of management of the company and on continuing to provide independent leadership to the board.”