One World Products Appoints Timothy Woods as Chief Financial Officer
One World Products, Inc., the largest Black-controlled, fully-licensed cannabis and hemp producer in Colombia, appointed Timothy Woods as the Company’s Chief Financial Officer. Woods will focus on continuing the build-out of a best-in-class financial team as One World seeks to expand its global platform of sustainable hemp and cannabis solutions.
“Timothy possesses an impeccable record of success with both domestic and international Fortune 500 organizations and has acted as an influential advisor to executive management, boards of directors and investors throughout his career,” says Isiah Thomas, One World’s Executive Chairman and CEO. “Timothy’s relationships in the automotive industry will complement our recently announced partnership with Stellantis and support opportunities for additional partnerships in this sector in the future.”
“One World Products is an organization with a people-centric, performance-driven culture of engagement, accountability, and excellence,” states Woods. “I believe there is significant opportunity to leverage the momentum created with Stellantis and look forward to working closely with the team to continue identifying new avenues within the auto industry and beyond to help reduce our collective carbon footprint, while creating new opportunities for black-owned businesses in new geographies and beyond the Company’s current relationships.”
Woods previously served as director of business development and general sales manager for Lithia Motors Inc., which he joined to gain customer-facing management experience and to broaden his sales expertise.
Prior to his tenure with Lithia Motors, Woods was the CFO of Spend Consciously, a technology-based start-up, where he applied his Six Sigma skills to expand a boutique company focused on social change. Woods also served as the CFO and energy services division vice president (VP) of finance for WGL Holdings Inc., providing high-level financial functions and advanced reporting, including the generation of quarterly and annual SEC filings, Sarbanes-Oxley compliance, and benefit plans.
Earlier in his career, Woods was VP of finance transformation for Freddie Mac, designing plans to upgrade the accuracy, timeliness, and confidence in Freddie Mac’s financial reporting process. He also served as a divisional CFO & North American controller for Stanley Works and assistant global controller for General Electric Company Lighting Division.
Woods holds a Bachelor of Business Administration in Accounting from Cleveland State University. A graduate of the GE Financial Management program, he has achieved multiple honors, from “Business Leader of the Year” awarded by the National Association of Black Accountants to being named to Boston Business Journal’s “40 Under 40” list. He presently lives in Virginia, within the Washington, D.C. metropolitan area.