Greenlane Renewables Announces New CFO for 2025
Vancouver, Saturday, 16 November 2024.
Greenlane Renewables Inc. appoints Stephanie Mason as CFO, effective January 13, 2025, as part of a planned succession. Mason, with over 15 years of experience, transitions from her role as Director of Finance, replacing Monty Balderston in a strategic move to advance the company’s goals in renewable natural gas.
Strategic Leadership Transition
Greenlane Renewables Inc. (TSX: GRN), a leader in the renewable natural gas (RNG) space, is undergoing a significant leadership transition as it appoints Stephanie Mason to the position of Chief Financial Officer (CFO). This change, effective January 13, 2025, marks a strategic shift aimed at bolstering the company’s financial leadership and aligning with its long-term sustainable initiatives. Stephanie Mason, who has been with Greenlane for over four years, steps up from her current role as Director of Finance, where she has already made substantial contributions to the company’s financial strategy[1].
A Seamless Succession Plan
The transition is part of a well-orchestrated succession plan, ensuring continuity and stability within the company’s financial operations. Monty Balderston, the outgoing CFO, will continue to serve in his current capacity until January 13, 2025, facilitating a smooth handover to Mason. Balderston, who has provided exemplary leadership during his tenure, will remain with the company until January 24, 2025, to ensure a seamless transition. His departure marks the completion of his planned exit, allowing Mason to take the helm and drive forward Greenlane’s financial strategies[2].
Building on a Strong Foundation
Mason brings a wealth of experience to her new role, having previously worked with other TSX-listed renewable energy companies. Her background in financial reporting and regulatory compliance, combined with her strong accounting foundation from PricewaterhouseCoopers, positions her well to lead Greenlane’s finance team. As the company navigates the dynamic landscape of renewable energy, Mason’s expertise will be crucial in advancing Greenlane’s strategic goals, particularly in the RNG sector[3].
Commitment to Sustainable Growth
Greenlane’s decision to appoint Mason reflects its commitment to sustainable growth and innovation within the renewable energy market. The company’s strategic realignment, highlighted by this leadership change, underscores its focus on expanding its footprint in the RNG sector. By leveraging Mason’s extensive experience and leadership skills, Greenlane aims to enhance its operational efficiencies and achieve its long-term sustainability targets[3].