Charlotte's Web Holdings, Inc. has named Jessica Saxton as chief financial officer, effective Jan. 1.
Saxton has held senior finance positions with Anheuser-Busch InBev, General Motors, and Owens Corning. She has a successful track record in developing business strategies to drive growth and will be part of the senior management team to execute the next phase of the company's growth plans.
Saxton will transition with outgoing CFO Greg Gould ahead of his departure at the end of 2022.
"We are grateful to Greg for serving as CFO during a pivotal time, including completing the transition to SEC reporting and streamlining operations," Charlotte’s Web CEO Jacques Tortoroli said. "The actions taken in 2022, including rightsizing our costs, and successfully completing a $57 million financing, have strengthened the foundation for our new partnerships and growth initiatives. We are confident in Jessica's ability to continue driving the business forward."
During her time with Anheuser-Busch InBev, Saxton supported its strategy, performance management, treasury, and financial planning. Earlier in her career, she supported M&A and other strategic initiatives for publicly listed global companies.
Saxton also brings small company experience, most recently as CFO for EverGrain Ingredients, which aims to revolutionize sustainable ingredients including non-GMO natural plant compounds. This experience, along with building high-performing finance teams and leveraging technology to drive process efficiencies and insights, is well-suited for Charlotte's Web mission-driven culture.