Marijuana Business Magazine - Issue 09, Oct 2017

Surna Revamps Management Team Surna, a Boulder, Colorado, supplier of cultivation equipment, revamped its senior management team, including hiring a new CEO and CFO. Chris Bechtel is Surna’s new CEO and president; Paul Kelly is the new CFO and treasurer. Bechtel, 58, replaced former CEO and president Trent Doucet , who is now vice president of business develop- ment for Surna’s West Coast operations. Surna also hired: • Camille Lupton as head of sales • Jaime Loos as director of project management • James Holmstead as director of operations and product development Bechtel joined Surna's board of directors on May 31. His cannabis industry experience dates to 2014, when he joined the board of Supreme Pharmaceuticals, a Canadian federally licensed producer of medical cannabis in Ontario. From October 2014 to April 2016, Bechtel also served as a director at Ebbu, a privately held Colorado company that offers branded cannabis products and a bulk oil extraction service for marijuana producers. Since 2015, Bechtel has been the principal of Bech- tel Consulting, which provides consulting services in mergers and acquisitions, financial and investment anal- ysis, capital markets, turnarounds and special situations. Kelly, 60, has held senior management posts at Price- waterhouseCoopers, Adolph Coors, Technology Manage- ment Advisors and other major firms. He has also served as consultant to smaller startup companies. Kush Hires Tobacco Vet as CFO Kush Bottles, the Santa Ana, California, provider of packaging, supplies, vaporizers and other mar- ijuana-related products, appointed tobacco industry veteran Jim McCor- mick as chief financial officer. McCormick spent 16 years with British American Tobacco, where he held multiple general management and CFO roles. He also has served as CFO at Electronic Cigarettes Group International and as senior vice president and CFO of the Corporate Services Divi- sion at Sodexo, a Massachusetts facilities management company. More recently, he has worked as a management consultant in the California cannabis sector. As CFO, McCormick leads Kush Bottles’ financial operations and also is responsible for managing liquidity, Jim McKormick October 2017 • Marijuana Business Magazine • 121

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