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Hexo Names New Chief Financial Officer, Establishes Hexo USA

Rob Lenihan

named Michael Monahan as its chief financial officer Tuesday as it established a presence in the United States with Hexo USA. Monahan, who comes on board June 17, was most recently financial chief of Nutrisystem prior to its sale in March. Hexo said that during his tenure at Nutrisystem the company's market capitalization grew to $1.3 billion from about $250 million.