PAX Labs has a new CEO.
The company, which makes loose-leaf vaporizers, has brought on Bharat Vasan as Chief Executive Officer.
Vasan has spent the last 15 years in consumer hardware, serving as the President and COO of August Home, which was acquired by Swedish lock maker Assa Abloy in 2017. Before August, Vasan was the cofounder of Basis (a fitness-based wearable company), which was acquired by Intel in 2014 for $100 million.
Vasan has also spent time in the corporate world, serving as the COO and CFO for Electronic Arts’ Online team and participating on the global M&A team from 2002 to 2010.
Vasan comes on during an interesting time for the company. In June, Juul (the e-cigarette branch of PAX Labs) spun out from its parent company seeking $150 million in funding. In December,…