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CubicFarms Systems appoints interim Chief Financial Officer

Tim Fernback has joined CubicFarms as its interim Chief Financial Officer, effective immediately. Mr. Fernback replaces outgoing interim CFO Rodrigo Santana as he resumes his role as Chief Operating Officer.

Mr. Fernback has over 25 years of finance experience as a director and officer of public and private technology, natural resources, health and biosciences companies. In the past, he has held senior executive positions within the investment banking and venture capital industries, as well as progressively senior executive officer positions within growing businesses, including ModoHR Technologies, Upstream Biosciences and Ronin8 Technologies.

In addition to these senior finance and operations positions, Mr. Fernback has successfully worked as a consultant in a variety of industries including biotechnology, SaaS, software, hospitality, manufacturing, mining, oil and gas, and real estate development.

Mr. Fernback has served on the board of numerous companies listed on the TSX Venture Exchange. He currently holds directorships in TSXV-listed Deep-South Resources, Nevada Energy Metals, Surge Exploration and Tri Capital Opportunities.

He holds a Bachelor of Science degree in Microbiology from McMaster University and a Master of Business Administration degree specializing in Finance from the University of British Columbia. He is also a designated Chartered Professional Accountant and Certified Management Accountant.

CubicFarms CEO Dave Dinesen commented: “We are excited to have Tim join the CubicFarms team. He brings a wealth of experience providing financial leadership to high-growth technology companies. His in-depth knowledge of corporate finance, operations management, strategic go-to-market initiatives, supply chain management, and mergers and acquisitions, will be immensely valuable during this critical period as we focus on our share offering announced yesterday, and ongoing scale-up of the business to serve our customers in the fresh produce and nutritious livestock feed space.

“We also thank Rodrigo for stepping up and acting as interim CFO, providing leadership and guidance on our first financial statement filings, and for his contributions to our preparations for the offering – in addition to his day-to-day COO responsibilities. We look forward to his continued leadership in enhancing our operational capabilities and innovative technologies to support our growth objectives.”

For more information:
CubicFarms
1-888-280-9076
info@cubicfarms.com
www.cubicfarms.com

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