FLUENT (FNT-U.CN) said Thursday that David E. Vautrin has stepped down as interim chief executive officer, effective June 12, 2026.
The company appointed Matt Mundy, its chief legal officer, as interim chief executive officer effective June 12, 2026. Mundy has been "instrumental in advancing the proposed transaction" with Vireo Growth (VREO.CN) and will provide leadership continuity as the company progresses through this next phase, stated the company.
"On behalf of the Board and the entire FLUENT organization, I would like to thank David for his leadership and commitment during a pivotal period for the Company," said William Smith, Executive Chair of the Board of Directors of the Company. "Over the past year, FLUENT has successfully implemented many critical strategic initiatives, strengthened operational execution and entered into an arrangement agreement to be acquired by Vireo Growth Inc., subject to the terms and conditions contained therein. We are grateful for his service and contributions during this time with the Company."