Verano Announces Promotion and Appointment of Richard Tarapchak as Chief Financial Officer
Verano Holdings Corp (OTCQX: VRNOF) has announced the promotion of Richard Tarapchak to Chief Financial Officer, effective April 11, 2025. Tarapchak, who joined Verano in July 2022, succeeds Brett Summerer following his mutually agreed upon resignation.
Tarapchak brings over 30 years of accounting and finance expertise to the role. As CFO, he will oversee all financial and accounting operations, strategic financial planning, and information technology. His previous positions at Verano included Executive Vice President, Finance and Corporate Controller, and Principal Accounting Officer.
Prior to Verano, Tarapchak held leadership positions at II-VI Incorporated, Reynolds Group Holdings , National Material L.P., and Navistar International He holds a business administration degree from Wittenberg University and an MBA from The Ohio State University.
Verano Holdings Corp (OTCQX: VRNOF) ha annunciato la promozione di Richard Tarapchak a Chief Financial Officer, con effetto dall'11 aprile 2025. Tarapchak, che è entrato in Verano nel luglio 2022, succede a Brett Summerer dopo le sue dimissioni concordate.
Tarapchak porta con sé oltre 30 anni di esperienza in contabilità e finanza per questo ruolo. In qualità di CFO, supervisionerà tutte le operazioni finanziarie e contabili, la pianificazione finanziaria strategica e la tecnologia dell'informazione. Le sue precedenti posizioni in Verano includevano quelle di Vicepresidente Esecutivo, Finanza e Controller Aziendale, e Responsabile della Contabilità Principale.
Prima di unirsi a Verano, Tarapchak ha ricoperto ruoli di leadership presso II-VI Incorporated, Reynolds Group Holdings, National Material L.P. e Navistar International. Ha conseguito una laurea in amministrazione aziendale presso la Wittenberg University e un MBA presso la Ohio State University.
Verano Holdings Corp (OTCQX: VRNOF) ha anunciado la promoción de Richard Tarapchak como Director Financiero, con efecto a partir del 11 de abril de 2025. Tarapchak, quien se unió a Verano en julio de 2022, sucede a Brett Summerer tras su renuncia acordada mutuamente.
Tarapchak aporta más de 30 años de experiencia en contabilidad y finanzas a este puesto. Como CFO, supervisará todas las operaciones financieras y contables, la planificación financiera estratégica y la tecnología de la información. Sus posiciones anteriores en Verano incluyeron Vicepresidente Ejecutivo de Finanzas y Controlador Corporativo, y Oficial Principal de Contabilidad.
Antes de Verano, Tarapchak ocupó cargos de liderazgo en II-VI Incorporated, Reynolds Group Holdings, National Material L.P. y Navistar International. Tiene un título en administración de empresas de la Wittenberg University y un MBA de la Ohio State University.
Verano Holdings Corp (OTCQX: VRNOF)는 Richard Tarapchak을 2025년 4월 11일부터 최고재무책임자(CFO)로 승진시켰다고 발표했습니다. Tarapchak은 2022년 7월에 Verano에 합류했으며, Brett Summerer의 상호 합의된 사임에 따라 그 뒤를 잇게 됩니다.
Tarapchak은 이 역할에 30년 이상의 회계 및 재무 전문 지식을 제공합니다. CFO로서 그는 모든 재무 및 회계 운영, 전략적 재무 계획, 정보 기술을 감독하게 됩니다. Verano에서의 이전 직책으로는 재무 및 기업 회계 담당 부사장, 기업 회계 책임자가 포함됩니다.
Verano에 합류하기 전, Tarapchak은 II-VI Incorporated, Reynolds Group Holdings, National Material L.P. 및 Navistar International에서 리더십 직책을 맡았습니다. 그는 Wittenberg University에서 경영학 학위를, Ohio State University에서 MBA를 취득했습니다.
Verano Holdings Corp (OTCQX: VRNOF) a annoncé la promotion de Richard Tarapchak au poste de Directeur Financier, prenant effet le 11 avril 2025. Tarapchak, qui a rejoint Verano en juillet 2022, succède à Brett Summerer suite à sa démission convenue d'un commun accord.
Tarapchak apporte plus de 30 ans d'expertise en comptabilité et en finance à ce poste. En tant que CFO, il supervisera toutes les opérations financières et comptables, la planification financière stratégique et les technologies de l'information. Ses précédents postes chez Verano incluaient ceux de Vice-Président Exécutif, Finances et Contrôleur de l'Entreprise, ainsi que Responsable de la Comptabilité Principale.
Avant de rejoindre Verano, Tarapchak a occupé des postes de direction chez II-VI Incorporated, Reynolds Group Holdings, National Material L.P. et Navistar International. Il est titulaire d'un diplôme en administration des affaires de la Wittenberg University et d'un MBA de l'Ohio State University.
Verano Holdings Corp (OTCQX: VRNOF) hat die Beförderung von Richard Tarapchak zum Chief Financial Officer bekannt gegeben, die am 11. April 2025 wirksam wird. Tarapchak, der im Juli 2022 zu Verano kam, folgt auf Brett Summerer, der nach gegenseitiger Vereinbarung zurückgetreten ist.
Tarapchak bringt über 30 Jahre Erfahrung in den Bereichen Buchhaltung und Finanzen in diese Rolle ein. Als CFO wird er alle finanziellen und buchhalterischen Abläufe, die strategische Finanzplanung und die Informationstechnologie überwachen. Zu seinen vorherigen Positionen bei Verano gehörten Executive Vice President, Finance und Corporate Controller sowie Principal Accounting Officer.
Vor Verano hatte Tarapchak Führungspositionen bei II-VI Incorporated, Reynolds Group Holdings, National Material L.P. und Navistar International inne. Er hat einen Abschluss in Betriebswirtschaft von der Wittenberg University und einen MBA von der Ohio State University.
- Appointment of seasoned financial executive with over 30 years of experience
- Internal promotion ensures continuity and deep understanding of company operations
- New CFO has extensive public company leadership experience
- Departure of previous CFO Brett Summerer
Tarapchak brings more than 30 years of accounting and finance expertise to the role
CHICAGO, April 14, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the promotion and appointment of Richard Tarapchak as the Company’s Chief Financial Officer (“CFO”), effective as of April 11, 2025. Tarapchak succeeds Brett Summerer, former Chief Financial Officer, who is departing the Company following his mutually agreed upon resignation.
As CFO and a member of Verano’s executive leadership team, Tarapchak, a seasoned financial executive with over three decades of experience, will oversee all financial and accounting operations, strategic financial planning, and information technology for the Company. He joined Verano in July of 2022, and has served as Verano’s Executive Vice President, Finance and Corporate Controller and Principal Accounting Officer throughout his tenure with the Company.
Prior to joining Verano, Tarapchak held a variety of accounting and finance leadership positions across a diverse set of industries. His extensive experience includes serving as Vice President, Corporate Controller and Chief Accounting Officer of II-VI Incorporated; Corporate Controller of Reynolds Group Holdings Limited; Chief Financial Officer of National Material L.P.; and several positions at Navistar International Corporation, including, most recently, Senior Vice President and Corporate Controller. Tarapchak earned a business administration degree from Wittenberg University in 1987 and an MBA in finance and accounting from The Ohio State University in 1992. In addition, he is a certified public accountant, and serves as the Chair of the Corporate Controller’s Council at the Manufacturers Alliance and as a board member of the Illinois CPA Society.
“I want to thank Brett for his contributions to Verano throughout his tenure with the Company. We have realized many significant milestones over this time period, and I wish him continued success in his future endeavors,” said George Archos, Verano founder and Chief Executive Officer. “I am pleased with Rich’s promotion to Chief Financial Officer given his deep understanding of our core business, and I believe he is extremely well suited to lead Verano’s financial operations. Rich has played a pivotal leadership role in the Company’s accounting and finance teams, and has demonstrated continued professional growth throughout his tenure at Verano. I have full confidence in his ability to lead our finance team as he builds upon our financial strength, operational excellence, and our deep commitment to our employees, the investment community, and our shareholders. I am confident that with Rich's leadership, we will continue to maintain and enhance Verano’s financial strength and stewardship.”
“I am honored to assume the role of Chief Financial Officer and expand my financial leadership within Verano at such an exciting time for the Company,” said Richard Tarapchak, Verano Chief Financial Officer. “Given Verano’s leadership position in the industry, commitment to product innovation, dedication to supporting our customers, and strong history of performance and profitability, I look forward to continuing to collaborate with our dedicated, skilled, and compassionate team to execute our business and financial strategy as we shape the future of the industry.”
About Verano
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano provides a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf™ and MÜV™ dispensary banners, including Cabbage Club™, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano™, (the) Essence™, MÜV™, Savvy™, BITS™, Encore™, and Avexia™. Verano’s active operations span 13 U.S. states, comprised of 15 production facilities with over 1.1 million square feet of cultivation capacity. Learn more at Verano.com.
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Steve Mazeika
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Steve.Mazeika@verano.com
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans, strategies, or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “future”, “scheduled”, “estimates”, “forecasts”, “projects,” “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein, including, without limitation, the risk factors described in the Company’s annual report on Form 10-K for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission at www.sec.gov. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information or forward-looking statements that are contained or referenced herein, except as may be required in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking information and statements.
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