Village Farms International has appointed Hamid Shekarchi as Interim Chief Financial Officer, effective immediately, following the completion of the company’s previously announced CFO succession process.
Shekarchi succeeds Steve Ruffini, who will remain part of Village Farms’ leadership team and focus on mergers and acquisitions.
Shekarchi previously served as CFO of Village Farms’ Canadian Cannabis business and brings 18 years of finance, valuation and transaction experience.
During his tenure with the Canadian operation, he oversaw finance, accounting and information technology and supported initiatives including the combination of Pure Sunfarms and Rose LifeScience and expansion of Village Farms’ international export business.
Before joining Pure Sunfarms in 2021, Shekarchi co-led BDO’s Western Canada Cannabis practice and worked on business valuations across North America and Europe. He also held senior roles at BDO Canada and PwC serving businesses across manufacturing, mining, technology and real estate.
KEY QUOTES:
“Hamid is a gifted financial and strategic mind with deep institutional knowledge of the inner workings of our business, industry, technology and AI as well as our rapidly evolving competitive landscape. It’s abundantly clear he is uniquely suited for this role, and we’re confident his impact will be felt immediately. We look forward to welcoming him to our global C-Suite to lead our finance function during this pivotal time of growth and global expansion.”
Michael DeGiglio, President and Chief Executive Officer of Village Farms International
“I am incredibly proud to assume these expanded leadership responsibilities at Village Farms and eager to expand my focus globally to support our next phase of growth. It has been a great honor to help form the foundation for our success in Canada, and I look forward to working with our team members around the world to strengthen our business systems and insights to continue delivering industry-leading results and value for our shareholders.”
Hamid Shekarchi, Interim Chief Financial Officer of Village Farms International
