Juul taps CFO to lead embattled e-cigarette maker’s $1 billion restructuring

An employee picks up a Juul Labs device kit for a customer at a store in San Francisco.

David Paul Morris | Bloomberg | Getty Images

Juul’s tapped its brand new chief financial officer to run the embattled e-cigarette maker’s $1 billion restructuring effort, the company confirmed to CNBC on Monday.

Guy Cartwright, who became Juul’s CFO in October, will become the company’s chief transformation officer, according to a Juul spokesman. Cartwright joined the company in July as transformation and operations officer, according to his LinkedIn profile.

Juul accounting chief Saurabh Sinha is taking over as interim CFO, the company said.

This is a developing story. Please check back for updates.