E-cigarette maker Juul Labs Inc has named Chief Financial Officer Guy Cartwright as its chief transformation officer, a company spokesman told Reuters on Monday.
The spokesman said Cartwright would continue to focus on a restructuring at the company, which includes reducing operating expenses by $1 billion and aligning budget to key priorities.
The company appointed Chief Accounting Officer Saurabh Sinha as interim CFO, the spokesman added, according to the story.