Loading, Please Wait...

CST: 21/08/2019 00:08:38   

GrowLife, Inc. Deepens Financial Bench with Appointment of Foday Deen as Corporate Controller

188 Days ago

KIRKLAND, Wash., Feb. 13, 2019 (GLOBE NEWSWIRE) -- GrowLife, Inc. (OTCQB: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that it has appointed Foday Deen, CPA, MBA as its new Corporate Controller. Deen brings a strong academic background and over a decade of financial management experience to the position. He will report directly to the company’s Chief Financial Officer and Executive Vice-President of Mergers and Acquisitions Mark Scott.

Foday has over 15 years of experience in accounting and finance, working in large to medium-sized public and private companies in the Seattle-Tacoma area. Previous positions include Corporate Controller, Financial Operations Controller, and Financial Reporting Manager, among others, at renowned organizations such as Kenworth Truck Company and the Weyerhaeuser Company.

“As we continue to experience rapid growth through our three recent acquisitions, as well as any potential future acquisition targets, we sought to add someone to our CFO’s accounting team who could assist with integration of these companies seamlessly and efficiently,” said GrowLife CEO Marco Hegyi. “Deen’s long track record of success at various reputable companies and well-studied approach made him an excellent selection for this role. We hope this will enable our CFO to focus on our strategic plan of acquiring or aligning with other industry leading companies that fit within our core mission. Along with our recent acquisitions, we continue to add new revenue streams, including e-commerce platforms and retail locations, that Deen will be tasked with integrating. It is my hope that this will enable the company to continue on its growth trajectory without pause and effectively monitor and manage its financial health.”

Deen holds Master of Business Administration and has completed all his core classes for the Doctor of Business Administration (DBA) in Accounting, awaiting his dissertation. He is an active member of the American Institute of Certified Public Accountants (AICPA) and Washington State Society of CPA (WSCPA). Deen is also an adjunct Accounting Professor at Pierce College in the Pacific Northwest and is a veteran of the United States Army.

“I have witnessed how quickly GrowLife is scaling and expanding its footprint through M&A and hope to use my experience in large organizations to help prepare GrowLife for building on this success,” said Foday Deen incoming Corporate Controller for GrowLife. “I plan to focus on integration of the company’s recent acquisitions with current operations as well as better enable the organization for further expansion. I have experience in international hyper-growth companies where I have worked with C-level team members and supported them in their initiatives, while building efficient operational teams. I see GrowLife as a similar challenge, and one I am looking forward to taking on and succeeding in as I have previously.”

For more information about GrowLife, including the CEO’s most recent video statement, visit the company’s website. Products can be purchased at ShopGrowLife.com in the U.S. and GrowLifeHydro.ca in Canada.

About GrowLife, Inc.

GrowLife, Inc. (PHOT) aims to become the nation’s largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representatives covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics and soil, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington and was founded in 2012.

Public Relations Contact:

CMW Media
Cassandra Dowell, 858-264-6600
cassandra@cmwmedia.com
www.cmwmedia.com

Investor Relations Contact:
investors@growlifeinc.com
206-483-0059

Is your business listed correctly on America’s largest city directory network of 1,000 portals?