Aphria President Announces Resignation

Aphria has announced that Jakob Ripshtein, the company's president, is resigning.

The Leamington-based marijuana producer says Ripshtein will remain in his current role until June 7.

He took the position in November of 2018.

Aphria President Jakob Ripshtein, November 2, 2018 (via Twitter)

The move announced Tuesday comes as the company announced several new executive appointments including James Meiers as chief operating officer, Aphria Leamington.

Meiers joins Aphria from Hain Celestial Group, Inc., a natural and organic products company with operations in North America, Europe, Asia and the Middle East.

The company also named Tim Purdie as chief information officer and chief information security officer, and Maureen Berry as vice-president, corporate human resources.

The shake-up comes after the company posted a $108.2-million dollar net loss in the third quarter.

Aphria is still looking for a permanent chief executive since Vic Neufeld announced in January he would be stepping away from the role.