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Posted 01 March, 2023

MJ Holdings, Inc. appointed new CEO

CEO Change detected for ticker OTC:MJNE in a 8-K filed on 01 March, 2023.


  On February 25, 2023, Paris Balaouras, the Company's Chief Executive Officer and Chairman of the Board of Directors, submitted his resignation as Chief Executive Officer and Chairman of the Board of Directors effective as of February 25, 2023.  

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Overview of MJ Holdings, Inc.
Business/Consumer Services • Diversified Business Services
MJ Holdings, Inc. operates as a cannabis holding company which provides services to the regulated cannabis industry. It offers cultivation management, licensing support, production management, asset and infrastructure development services. The company was founded by Kwajo Mensah Sarfoh and Paris Balaouras on November 17, 2006 and is headquartered in Las Vegas, NV.
Market Cap
$956K
View Company Details
MJ Holdings, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 25, 2023, Paris Balaouras, the Company's Chief Executive Officer and Chairman of the Board of Directors, submitted his resignation as Chief Executive Officer and Chairman of the Board of Directors effective as of February 25, 2023. Mr. Balaouras' decision to resign is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Tom Valenzuela will act as interim Chairman of the board effective as of February 25, 2023. The Company's board of directors will manage the business while a search commences for a replacement Chief Executive Officer.


On February 24, 2023, the Company's board of directors appointed Patricia Chinnici as interim Chief Financial Officer, effective as of February 25, 2023.


Patricia Chinnici


From 1998 until the present, Ms. Chinnici has performed as an outsourced financial consultant through her business, Trillium Group, concentrating on providing financial and controller services focused on bookkeeping, budgeting and financial reporting as the Chief Financial Officer for a range of businesses. Ms. Chinnici holds a BBA in Accounting from the University of Michigan - Stephen M. Ross School of Business.


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