{"id":89962,"date":"2024-02-27T07:48:40","date_gmt":"2024-02-27T12:48:40","guid":{"rendered":"https:\/\/ifintechworld.com\/?p=89962"},"modified":"2024-02-27T07:48:41","modified_gmt":"2024-02-27T12:48:41","slug":"edible-garden-finance-chief-james-retires-dafoulas-appointed-interim-cfo","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=89962","title":{"rendered":"Edible Garden Finance Chief James Retires, Dafoulas Appointed Interim CFO"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20240126-707745\" role=\"document\">\n<p>By Dean Seal<\/p>\n<pre><\/pre>\n<p>The chief financial officer of Edible Garden has retired and will be succeeded on an interim basis by a company consultant.<\/p>\n<p>The controlled environment agriculture produce grower disclosed Friday that Michael James retired from his positions as CFO as well as treasurer, secretary and director.<\/p>\n<div class=\"paywall\">\n<p>The board appointed Kostas Dafoulas to serve as interim CFO. Dafoulas has served since November as a consultant to the company on behalf of CapConnect+ to provide financial reporting and related services.<\/p>\n<p>In connection with his departure, James has entered into an agreement with the company under which he will receive a severance payment of $300,000 over the next 12 months. He will also be eligible for another $300,000 in milestone payments if he completes certain transitional deliverables, according to a securities filing.<\/p>\n<pre><\/pre>\n<p>Write to Dean Seal at dean.seal@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/edible-garden-finance-chief-james-retires-dafoulas-appointed-interim-cfo-0803ce8f?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Dean Seal The chief financial officer of Edible Garden has retired and will be succeeded on an interim basis by a company consultant. The controlled environment agriculture produce grower disclosed Friday that Michael James retired from his positions as CFO as well as treasurer, secretary and director. The board appointed Kostas Dafoulas to serve [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":86195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-89962","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Edible Garden Finance Chief James Retires, Dafoulas Appointed Interim CFO | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Dean Seal The chief financial officer of Edible Garden has retired and will be succeeded on an interim basis by a company consultant. The controlled\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=89962\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edible Garden Finance Chief James Retires, Dafoulas Appointed Interim CFO | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"By Dean Seal The chief financial officer of Edible Garden has retired and will be succeeded on an interim basis by a company consultant. 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