Organigram Holdings Announces CEO Succession Plan, Beena Goldenberg to Retire.

Organigram Holdings Inc. has announced a CEO succession plan, with Beena Goldenberg set to retire at the end of the company's fiscal year. Goldenberg has served as CEO since 2016. The company produces cannabis for patients and adult-recreational consumers, and has developed a portfolio of legal adult-use recreational cannabis brands. Organigram operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, and a dedicated edibles manufacturing facility in Winnipeg, Manitoba.

Organigram Global Inc. (NASDAQ: OGI) has announced that its CEO, Beena Goldenberg, will retire at the end of the company's fiscal year. Goldenberg, who has been at the helm since 2016, has successfully led the company's growth and transformation from a cannabis company with $80M in net revenue to becoming the market share leader in Canada with over $250M in net revenue [1].

Under Goldenberg's leadership, Organigram completed an expansion of its facility in Moncton, New Brunswick, doubling its cultivation capacity, and made three strategic acquisitions that led to the company's top share positions in vapes, hash, and pre-rolls in Canada. Additionally, Goldenberg oversaw the company's international expansion, with export sales into Germany, the UK, and Australia, and the latest acquisition of Collective Project, which marked the first revenue recognized by Organigram from the U.S. market.

The company's second quarter fiscal year 2025 results, issued on May 12, 2025, highlighted the progress made in enhancing Organigram's financial performance, including a 74% increase in net revenue year-over-year and improvements across key financial metrics [1].

The Board of Directors expressed confidence in the company's strategic direction and leadership team. Peter Amirault, Chairman of the Board, Organigram, stated, "Beena has been instrumental in positioning Organigram as a market leader in Canada and poised for global expansion. The Company is well positioned to take advantage of this significant opportunity" [1].

The Board is initiating a comprehensive CEO selection process to identify a successor with the right mix of skills and experience to lead the company in its next chapter of growth. Goldenberg will continue in her role until her retirement date, focusing on driving Organigram's growth and profitability while supporting the smooth onboarding of a new CEO [1].

Organigram Global Inc. is a NASDAQ and TSX-listed company that produces high-quality cannabis for patients and adult-recreational consumers. It operates facilities in Moncton, New Brunswick, Lac-Supérieur, Quebec, and Winnipeg, Manitoba, and has developed a portfolio of legal adult-use recreational cannabis brands [1].

References:
[1] https://www.stocktitan.net/news/OGI/organigram-global-announces-ceo-succession-uiwqj304baon.html