Charlotte's Web Holdings Names New CFO After Departure of Chief Financial Officer

BOULDER, Colorado — Charlotte's Web Holdings, Inc. reported the departure of its principal financial officer and the simultaneous election of a new chief financial officer, according to a Form 8-K filed with the SEC on June 1, 2026.

The filing, submitted under Items 5.02, 5.07 and 8.01, affects the company's senior leadership and its approximately 300 full-time employees as well as shareholders of its Nasdaq-listed common stock (CWBHF). Item 5.02 requires disclosure of the named individual's role, effective date and any cited cause; the company identified the outgoing officer, the incoming replacement and the precise transition date.

Prior to the filing the company operated with its prior chief financial officer in place. The new state, effective June 1, 2026, installs the named successor as principal financial and accounting officer. The change takes effect immediately under the terms reported in the 8-K.

Downstream, the company must file any required Item 5.02(b) compensation arrangements or separation agreements within the regulatory window. The transition also obligates Charlotte's Web to update its proxy-statement officer disclosures for the next annual meeting and to furnish any new employment agreement as an exhibit in subsequent periodic filings.

Standard SEC rules require the company to report any material definitive agreements related to the appointment within four business days on a Form 8-K.

This marks the latest executive transition at the hemp-derived CBD company, which has previously reported leadership changes tied to its shift from rapid growth to operational efficiency following the 2018 Farm Bill expansion of legal hemp production. The June 1 filing is the primary record; no separate press release was incorporated by reference.