Village Farms International Inc. (VFF,VFF.TO), a cannabis and plant-based consumer packaged goods company, on Friday announced that Chief Financial Officer Stephen Ruffini will transition from the role and will remain in position until a replacement is identified.
Ruffini is expected to assume a new leadership role focused on mergers and acquisitions following the transition.
Ruffini joined the company as Chief Financial Officer in 2009.
The company said it has initiated a formal search process for a permanent successor.
Village Farms International closed trading 0.36% lesser at $2.7400 on the Nasdaq. In the after-hours, the stock traded 2.55% higher at $2.8100.
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