Casper Sleep names ex-Hexo finance head Michael Monahan as CFO effective Aug. 31

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Mattress company Casper Sleep Inc. said Wednesday it has named Michael Monahan, most recently finance head at Canadian cannabis company Hexo Corp. , as its chief financial officer, effective Aug. 31. Monahan will replace interim CFO Stuart Brown, who has resigned, but will support the company through a transition period. Monahan is a former CFO of Nutrisystem Inc. and has also done stints at PetroChoice Holdings Inc. Casper shares were not active premarket, but have gained 34% in the last three months, while the S&P 500 has gained 15%. The stock remains below its IPO issue price of $12; the company went public in February.
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