An update from Ascend Wellness Holdings LLC (AAWH.U) is now available.
Ascend Wellness Holdings, Inc. has undergone significant leadership changes, with John Hartmann stepping down as CEO while remaining on the Board, and Samuel Brill taking over as the new CEO with a generous compensation package, including a base salary of $550,000 and potential bonuses. Similarly, Frank Perullo is transitioning to President with comparable remuneration, and Roman Nemchenko has been appointed as the new CFO with a salary of $450,000 and additional incentives. These transitions come with detailed employment agreements outlining severance terms and are part of a broader strategy to evolve the company’s leadership structure.
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