International Star Inc (OTC:ILST) Stock Surges After Appointing Todd Masse as New CEO

The appointment of a new Chief Executive Officer is almost always seen as a major development at any company due to the considerable influence it can have on the future of the business. On April 10, International Star Inc. (OTC:ILST) had been in focus after the company announced that it had appointed a new Chief Executive Officer in the form of Todd Masse.

The company revealed that the appointment had gone into effect on April 3. In this situation, it could be a good idea for investors to take a closer look into the credentials of Masse as an executive and what he may bring to the table in his new role. He boasts more than a quarter of a century of considerable experience in the management and operations of businesses across a range of sectors. Some of the sectors in which he has been involved include real estate, consumer packaged goods, and technology. Additionally, he had also worked at startups.

He has been an important person in the cannabis industry since 2015 and has been both an operator and an entrepreneur. Masse became known for his innovative approach and leadership skills, which drove considerable success and growth in the fast-growing sector. He had served as the President of Cannabis Compliance Inc., and during his time, he made the company a leader in the compliance solutions space.

It was during his tenure as the President that Cannabis Compliance had been acquired by Deloitte. Masse had also been the Chief Commercial Officer at Thrive Cannabis Inc. and had been responsible for the introduction of the Greybeard cannabis brand. He was an important factor in the company’s growth, which eventually led to its acquisition by Aurora Cannabis Inc. for $38 million. It remains to be seen if the new appointment leads to any moves on the International Star stock this week.