LOUISVILLE, Colo. – Charlotte’s Web Holdings, Inc., the leading provider of hemp-derived CBD wellness products, is pleased to announce the appointment of Erika Lind as Chief Financial Officer (CFO), replacing Jessica Saxton who has resigned from the Company to pursue other interests effective June 28th, 2024. Ms. Lind’s appointment is effective June 29, 2024.
Erika Lind joined Charlotte’s Web in 2023 as Vice President of Financial Planning and Analysis (FP&A), and Treasury, where she has led strategic financial planning, performance management, and treasury operations. Ms. Lind came to Charlotte’s Web with more than two decades of executive financial leadership experience at several growth companies including Celestial Seasonings, Orica USA, Hammond’s Candies, and Spectra Logic Corp. Prior to joining Charlotte’s Web she was the former Vice President of Finance at Made in Nature LLC.
Bill Morachnick, Chief Executive Officer of Charlotte’s Web said, “We are excited for Erika to join the leadership team at Charlotte’s Web. We are confident she is the right financial executive and leader to guide Charlotte’s Web to profitable business growth.”
Ms. Lind’s comprehensive background in financial planning, strategic analysis, and operational oversight positions her well to lead as CFO of Charlotte’s Web. Her experience in leveraging technology to enhance financial processes and her ability to manage high-performing teams aligns with the Company’s mission-driven culture.
Outgoing Chief Financial Officer Jessica Saxton will provide continuity and assist in successfully transitioning Ms. Lind into her new role as CFO. “We are grateful to Jessica for her significant contributions and financial stewardship during her tenure with Charlotte’s Web,” said Mr. Morachnick.
About Charlotte’s Web Holdings Inc.
Charlotte’s Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is the market leader in innovative hemp extract wellness products that includes Charlotte’s Web whole-plant full-spectrum CBD extracts as well as broad-spectrum CBD certified NSF for Sport. Charlotte’s Web is the official CBD of Major League Baseball, Angel City Football Club and the Premier Lacrosse League. Charlotte’s Web branded premium quality products start with proprietary hemp genetics that are North American farm-grown using organic and regenerative cultivation practices. The Company’s hemp extracts have naturally occurring botanical compounds including cannabidiol (“CBD”), CBN, CBC, CBG, terpenes, flavonoids, and other beneficial compounds. Charlotte’s Web product categories include CBD oil tinctures (liquid products) CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, CBD capsules, CBD topical creams and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte’s Web maintains stringent control over product quality and consistency with analytic testing from soil to shelf for quality assurance.
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