Akanda names Christopher Cooper as new CEO
Akanda Corp. replaces its interim CEO with director Christopher Cooper while retaining former interim CEO Katie Field via a short-term consulting arrangement.
Rhea-AI Filing Summary
AKANDA CORP. (AKAN) reports a leadership transition: effective September 3, 2026, Interim CEO and Executive Director Katie Field resigned from all positions with the company and its subsidiaries. The company states that her resignation was not due to any disagreement regarding operations, policies, or practices.
On September 9, 2026, Akanda entered into a month-to-month consulting agreement with an affiliate of Ms. Field for administrative, consulting, and advisory services. Also effective September 3, 2026, the board appointed existing director Christopher Cooper, president of subsidiary First Towers and Fiber Corp., as the new Chief Executive Officer. Cooper brings over 20 years of experience in corporate development, finance, and operations, has served on numerous public-company boards, and continues to receive compensation as president of First Towers, which totaled $196,000 in the fiscal year ended December 31, 2025 and accrues at CAD$5,000 per month.
Positive
- Experienced CEO appointed: Christopher Cooper, a long-time director with over 20 years in corporate development, finance and operations, becomes Chief Executive Officer, bringing prior leadership roles and public-company board experience.
Negative
- CEO turnover: Interim CEO and Executive Director Katie Field resigned from all roles effective September 3, 2026, creating another leadership transition at the top of the company.
Key Figures
Effective resignation date: September 3, 2026
Consulting agreement date: September 9, 2026
CEO age: 56 years
+4 more
7 metrics
Effective resignation date
September 3, 2026
Date Katie Field resigned from all positions
Consulting agreement date
September 9, 2026
Date Akanda entered a month-to-month consulting agreement with an affiliate of Katie Field
CEO age
56 years
Age of new Chief Executive Officer Christopher Cooper
First Towers President compensation
$196,000
Compensation aggregated for fiscal year ended December 31, 2025
Monthly accrual rate
CAD$5,000 per month
Ongoing compensation as president of First Towers
Counterpath acquisition price
USD$25.6 million
Acquisition of Counterpath Corporation by Alianza, Inc. in March 2021
Alpha Lithium acquisition price
CAD$313 million
Acquisition of Alpha Lithium Corporation by Tecpetrol in October 2023
Key Terms
foreign private issuer, consulting agreement, affiliate, Board of Directors, +1 more
5 terms
foreign private issuer regulatory
"Form 6-K report of foreign private issuer pursuant to Rule 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
consulting agreement financial
"entered into a month-to-month consulting agreement with an affiliate"
affiliate financial
"consulting agreement with an affiliate of Ms. Fields for it to provide"
Board of Directors regulatory
"the Company’s Board of Directors appointed Christopher Cooper"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
publicly traded companies financial
"presently serves as a director of the following publicly traded companies"
Publicly traded companies are businesses that have sold ownership shares to the general public on a stock exchange, letting anyone buy or sell pieces of the company; picture a shop offering slices of itself to many customers. For investors, owning those shares means you can profit from price gains or dividends, and because these companies must regularly disclose financial results and are priced by the market, you get more transparency and easier access to buy or sell than with private firms.
FAQ
What executive leadership change did AKAN announce in September 2026?
Akanda announced that Interim CEO and Executive Director Katie Field resigned from all positions effective September 3, 2026, and that existing director Christopher Cooper was appointed Chief Executive Officer as of the same date.
Did Katie Field leave Akanda Corp. (AKAN) due to a disagreement?
No. The company states that Katie Field’s resignation was not due to any disagreement with Akanda on matters relating to its operations, policies, or practices.
What consulting arrangement did Akanda Corp. (AKAN) enter after the CEO change?
On September 9, 2026, Akanda entered a month-to-month consulting agreement with an affiliate of Katie Field to provide administrative, consulting and advisory services as requested in connection with the company’s business.
Who is Christopher Cooper, the new CEO of Akanda Corp. (AKAN)?
Christopher Cooper, age 56, has been a director since April 2024, is president of subsidiary First Towers and Fiber Corp., has over 20 years of corporate development and finance experience, and holds leadership and board roles at multiple public companies.
What notable past transactions has Christopher Cooper been involved in?
Christopher Cooper served as a director of Counterpath Corporation, acquired in March 2021 for USD$25.6 million, and of Alpha Lithium Corporation, acquired in October 2023 for approximately CAD$313 million.
AI-generated analysis. How Rhea-AI works. Not financial advice.
