Exactus, Inc. Appoints Derek Du Chesne as President
March 16, 2020 at 08:54 pm
Share
On March 5, 2020 the board of directors of Exactus, Inc. unanimously approved the appointment of Derek Du Chesne to the additional position of President of the Company. Prior to this appointment, Mr. Du Chesne served as Chief Growth Officer since February 2020, a newly-created position. Emiliano Aloi, who previously served as President and Interim Chief Executive Officer, will continue to serve as Interim Chief Executive Officer of the Company. Derek Du Chesne, age 32, was the Chief Growth Officer for EcoGen Laboratories, since January of 2019. He was a consultant for EcoGen prior to becoming a partner at the company. Mr. Du Chesne is a brand management professional who has a proven track record of success through concept, development, and launch, building iconic brands by orchestrating successful campaign deployment on both a global and regional scale. Mr. Du Chesne is expected to assume the position of President following completion of an ongoing restructuring of the Company.
Panacea Life Sciences Holdings, Inc. is a holding company organized as a plant-based natural health ingredient and product company. It specializes in the development, manufacturing, research, and distribution of products with natural health and wellness market segment for both humans and animals. The Companyâs subsidiary, Panacea Life Sciences, Inc. (PLS) is engaged in the production, distribution, research, and manufacturing of nutraceuticals, cannabinoids, mushrooms, kratom, and other natural, plant-based ingredients and products. The Company also offers natural remedies within its branded product lines for every aspect of life, including PANA Health, PANA Beauty, PANA Sport, PANA Pet, PANA Pure, and PANA Life. It also operates 51,000 square foot current good manufacturing practice (cGMP) facility located in Golden, Colorado. The Company, through Panacea Life Sciences Holdings, Inc., manages six retail locations and a distribution center situated in the Tampa, Florida area.