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Tuesday, Feb 20, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.


Ascend Wellness updates its leadership team, adds two new board members

The company is welcoming Interim Co-CEO and CFO Dan Neville and external independent member Joshua Gold to the board

Ascend Wellness updates its leadership team
Photo via Ascend Wellness Holdings, Inc

Ascend Wellness Holdings, Inc. (CSE: AAWH.U) (OTCQX: AAWH) updated its leadership team and added two new members to the board of directors.

The New York-based cannabis company announced the leadership changes on Wednesday and its Board of Directors is welcoming AWH’s Interim Co-CEO and CFO Dan Neville and external independent member Joshua Gold. The company also announced that a different member Emily Paxhia is resigning the board.

Gold serves as a partner at Inverness LLC and Blue Flag Partners LLC in Boston. Previously, Gold was the co-founder and COO of Three Bays Capital and managing director at Jefferies & Co., where he served as Head of Client Relationship Management and a member of the Equity Operating Committee.

Gold also has served roles at Goldman Sachs & Co., Donaldson Lufkin & Jenrette, DeMatteo Monness LLC and Bear Stearns & Co.

Neville who is currently the Interim Co-CEO and CFO joined AWH as the SVP of finance in March 2019 and in 2020 he was promoted to CFO.

He previously worked as a manager at SLS Capital which is a “special-situations” hedge fund based in New York. He has also worked as an investment banker at Credit Suisse in the Technology Group and gathered experience in mergers & acquisitions as well as IPO transactions.

Read more: Fire & Flower adds interim CFO to its leadership team

Read more: Cannabis research bill reaches Biden’s desk for signature

“On behalf of the Board and everyone at AWH, we would like to thank Emily for her contributions and dedication during her tenure here. Emily was one of our earlier investors and has supported Ascend from the beginning.

“We wish her the very best in her continued leadership in the industry,” said Abner Kurtin, Executive Chairman of Ascend.


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