Juul names ‘transformation officer’

    Juul Labs has named Chief Financial Officer Guy Cartwright as its chief transformation officer, reports Reuters.

    According to a spokesman, Cartwright will continue to focus on a restructuring at the company, which includes reducing operating expenses by $1 billion and aligning the budget to key priorities.

    The company has appointed Chief Accounting Officer Saurabh Sinha as its interim chief financial officer.