Grocery distribution veteran says legal cannabis poised to become ‘truly established CPG ecosystem’
Former SpartanNash Chief Financial Officer Mark Shamber has joined cannabis distributor HERBL as CFO.
Santa Barbara, Calif.-based HERBL, which describes itself as California’s largest cannabis distributor and supply chain solutions company, announced Shamber’s appointment yesterday. As CFO, he will execute HERBL’s financial strategy, identify investment and M&A opportunities, lead the finance and accounting department, and oversee long-term business and financial planning.
“What excites me the most about HERBL, and the cannabis space as a whole, is the opportunity to create new industry standards not only in the supply chain, but also for consumer and retail experiences,” Shamber said in a statement. “Legal cannabis is on the cusp of becoming a truly established CPG ecosystem, and I look forward to working with the HERBL team to help the industry reach its full
Jason Monaco also has served as CFO of Dallas-based Borden Dairy.
SpartanNash has a new chief financial officer to guide the company through its future growth plans.
Effective March 22, Jason Monaco will assume the EVP/CFO position from Mark Shamber who will remain with the company through the end of April to assist with a transition. As CFO, Monaco will direct finance, mergers and acquisitions, treasury, internal audit, real estate and risk management. He will report to SpartanNash President and CEO Tony Sarsam.
“We look forward to having Jason join our team,” Sarsam said. “Jason has a proven track record of partnering with cross functional teams and digging deeply into the business to build systems, processes, and teams to develop and drive operational efficiencies. His extensive food distribution expertise at Borden Dairy, coupled with his deep financial background leading multiple global teams with Kimberly Clark, align with SpartanNash’s future growth plans.