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Juul Hires First Black Director, Names CEO Crosthwaite Chairman

  • Dominion Asset CEO Teresa Sebastian is selected to join board
  • Co-founder Bowen will head up Juul board’s product committee
   
Photographer: Daniel Acker/Bloomberg

Juul Labs Inc. has tapped Teresa Sebastian, an executive with financial and compliance expertise, to join its board as the company seeks to reset its business and diversify its ranks.

Sebastian is chief executive officer of The Dominion Asset Group, an early-stage investment group focused on revitalizing urban areas. She will serve as an independent director and head up the closely held e-cigarette giant’s audit committee, Juul CEO K.C. Crosthwaite said Tuesday in an email to employees reviewed by Bloomberg News.