Tilray Brands Appoints New CFO, Michael J. B. Ryan
Ticker: TLRY · Form: 8-K · Filed: Dec 13, 2024 · CIK: 1731348
| Field | Detail |
|---|---|
| Company | Tilray Brands, Inc. (TLRY) |
| Form Type | 8-K |
| Filed Date | Dec 13, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment, personnel
Related Tickers: TLRY
TL;DR
Tilray just hired a new CFO, Michael J. B. Ryan, starting Dec 15th. Old CFO, Carl De Souza, out Dec 14th.
AI Summary
Tilray Brands, Inc. announced on December 8, 2024, the appointment of Michael J. B. Ryan as Chief Financial Officer, effective December 15, 2024. Ryan will receive an annual base salary of $400,000 and is eligible for a discretionary annual bonus. The company also reported the departure of former CFO, Carl De Souza, effective December 14, 2024.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key financial leadership can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $400,000 — New CFO Base Salary (Annual compensation for Michael J. B. Ryan.)
Key Players & Entities
- Tilray Brands, Inc. (company) — Registrant
- Michael J. B. Ryan (person) — Appointed Chief Financial Officer
- December 15, 2024 (date) — Effective date for new CFO
- $400,000 (dollar_amount) — Annual base salary for new CFO
- Carl De Souza (person) — Departing Chief Financial Officer
- December 14, 2024 (date) — Effective date for departing CFO
FAQ
Who is the new Chief Financial Officer of Tilray Brands, Inc.?
Michael J. B. Ryan has been appointed as the new Chief Financial Officer of Tilray Brands, Inc.
When does Michael J. B. Ryan's appointment as CFO become effective?
Michael J. B. Ryan's appointment as CFO is effective December 15, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Michael J. B. Ryan is $400,000.
Who is the departing Chief Financial Officer and when does their departure become effective?
Carl De Souza is the departing Chief Financial Officer, and his departure is effective December 14, 2024.
What is the filing date of this Form 8-K?
This Form 8-K was filed on December 13, 2024.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 10.4 · Accepted 2024-12-13 16:17:17
Key Financial Figures
- $0.0001 — registered Symbol(s) Common Stock , $0.0001 par TLRY value per share The Nasd
Filing Documents
- tlry20241205_8k.htm (8-K) — 25KB
- 0001437749-24-037479.txt ( ) — 154KB
- tlry-20241208.xsd (EX-101.SCH) — 3KB
- tlry-20241208_def.xml (EX-101.DEF) — 11KB
- tlry-20241208_lab.xml (EX-101.LAB) — 15KB
- tlry-20241208_pre.xml (EX-101.PRE) — 11KB
- tlry20241205_8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Tilray Brands, Inc. Date: December 13, 2024 By: /s/ Mitchell Gendel Name: Mitchell Gendel Title: Global General Counsel