4Front Ventures Corp. has announced that Peter Kampian's contract as CFO has ended as part of the company's ongoing efforts, led by Canaccord Genuity Corp., to streamline its capital structure and consolidate its financial operations to Illinois.
4Front Ventures reports the conclusion of the contract was not due to any disagreement regarding the company’s operations, policies or practices. Kampian will be available to the company as a consultant if and when required.
Michael Kronberg, who has been serving as controller and is based out of 4Front’s flagship facility in Matteson, Illinois, will assume the role of interim CFO.
“It has been a privilege to be part of 4Front's leadership team during such an important time for the company,” Kampian said. “I'm confident that Michael's deep understanding of the business and his industry experience will ensure continued success. As 4Front transitions into its next phase of growth, the finance department is well-prepared and positioned to support the company's long-term objectives."