NewBridge Global Ventures Inc., an Orem-based company engaged consulting and acquisitions in the cannabis industry, has appointed Todd Lee as president of the company. As part of the shuffle of senior management, Scott Cox, president of the company since October 2017, has been named senior vice president of corporate development. Both management appointments are effective immediately, the company said.
The Newbridge release said Cox’s change in management position will allow him to best leverage his experience and focus his attention on merger and acquisition activities and raising NewBridge’s visibility in the investment community as the company pursues its strategy for international expansion in the cannabis industry.
Mark Mersman, CEO of NewBridge, said, “Todd Lee is a seasoned executive with a diverse background in both public and private corporations, and importantly for NewBridge, regulated industries as well. He has a strong background in operations and accounting and his experience and skill set is extremely relevant to NewBridge’s current operations and growth strategy and we welcome Todd to NewBridge.”
Lee is a seasoned executive with 38 years of experience in several regulated industries including the food, meat, consumer products, biotech, and food and beverage industries. His experience spans accounting, finance, manufacturing, retail, wholesale and restaurants. He was president and owner/operator of The Atlas Tap Room in San Francisco. From 2012 to 2016, he was corporate controller for Fluidigm Corp., where notably he was responsible for the accounting and finance integration of the $200 million acquisition of DVS Corp. Lee earned his CPA while at PwC, where he was a senior auditor.
Cox has over 20 years of experience in the management and operations of public and private companies. He is a Principal in Basin Capital Inc., a private family office focused on the acquisition and divestiture of oil and gas properties. He was vice president of land for Breitling Energy Corp. and director of operations for Frontier Oilfield Services.