The Globe and Mail reports in its Friday edition that Aurora Cannabis has hired a BMO Nesbitt Burns banker Carey Squires as an executive vice-president responsible for corporate development and strategy. The Globe's Tim Kiladze writes that Mr. Squires will report to recently appointed executive chairman Michael Singer, and not to chief executive officer Terry Booth. The hire marks the fourth significant management or board change in two months. Mr. Squires had been with BMO for a decade and most recently held the title of managing director and co-head of equity-linked capital markets. He advised Aurora on its recent sale of convertible notes, which raised $345-million (U.S.) in January. "Carey has been a trusted adviser to Aurora on a variety of growth initiatives, including our recently successful capital raise," Mr. Singer said in a statement. As Aurora revamps, rival Canadian cannabis producer Aphria has also been updating its governance and leadership. In late December, the company appointed Irwin Simon as its first independent board chair. A few weeks later, in January, the company announced that CEO Vic Neufeld and co-founder and vice-president Cole Cacciavillani would step down from their roles.