CHICAGO & VANCOUVER, British Columbia, December 13, 2022 (GLOBE NEWSWIRE) — Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF) is the nation’s leading cannabis consumer packaged goods company. Company and owner of RISE. The Dispensaries today announced the appointment of four executives to his leadership positions and his one new board member. Leadership promotions include Anthony Georgiadis to president, Matt Faulkner to chief financial officer, Brett Kravitz to general counsel and secretary, Rachel Albert to chief administrative officer, Dawn Wilson Burns was appointed to the Board of Directors. These appointments will take effect on his January 1, 2023.
Green Thumb Founder, Chairman and CEO Ben Kovler said: “We are particularly pleased to recognize the pivotal role Anthony Georgiadis has played over the past seven years. His deep understanding of operations and finance, along with his proven leadership ability to empower teams to deliver results, makes him a great fit for his new role as President. is confident of long-term success as we move forward in this ever-changing environment.”
As president, Georgiadis is responsible for all operational and financial matters of the company. His direct reports include the Chief Financial Officer, General Counsel, and Senior Vice President, who oversees the operational functions. Georgiadis will work closely with Cobbler on overall corporate strategy and operations, enabling Cobbler to focus more on capital allocation, strategic partnerships, brand positioning, investor relations, and mergers and acquisitions. To go.
Georgiadis joined Green Thumb in 2015 and has played an integral role in growing the company into one of the leading multistate cannabis operators in the United States. Operations for other areas of business. Prior to Green Thumb, he co-founded and served as Chief Operating Officer of Wendover Art Group, growing Wendover Art Group into one of the largest wall decor manufacturers in North America. Georgiadis graduated cum laude from Bucknell University with a degree in finance and a minor in mathematics.
Georgiadis said: We believe today’s announcement recognizes our collective efforts and dedication to making Green Thumb a special place. We are also excited to have Matt Faulkner, who has proven financial and reporting acumen over the past few years, to take on his CFO role. Green Thumb’s ability to identify and continue to nurture talent from within is critical to the execution of our strategy. Our role in the business has evolved, but our unwavering focus on creating authentic brands, quality flowers and memorable experiences for our consumers remains the same. ”
As Chief Financial Officer, Faulkner is responsible for managing all financial activities of the Company. Faulkner said she joined Green Thumb in 2018 and was named Chief Accounting Officer in 2020. During his tenure, he successfully facilitated the company’s initial public offering in the United States and led the transition from Canada’s International Financial Reporting Standards (IFRS) reporting to the United States at large. GAAP reporting by the U.S. Securities and Exchange Commission. Prior to joining Green Thumb, he worked at Walgreens for over 20 years, where he held leadership roles in the areas of accounting and finance. Faulkner holds a Bachelor of Science in Accounting from the University of Toledo, a Master of Business Administration in Finance from Northern Illinois University, and is a Certified Public Accountant.
As general counsel and secretary, Kravitz will serve as primary legal counsel to management and the Board of Directors, and will oversee all legal matters for the company. Kravitz has been Chief His Corporate and Counsel since he joined Green Thumb in 2017. During his tenure, he worked with his Green Thumb management team to complete numerous strategic acquisitions, partnerships and capital raisings. Prior to joining Green Thumb, he was an attorney at Dickinson Wright and Baker Hostetler. Kravitz holds a BS in Finance from the University of Colorado, an MBA in Finance from the University of Denver, and a Juris Doctor degree from the Lewis & Clark He Law School.
Rachel Albert will assume a new role as Chief Administrative Officer, supporting leadership initiative and decision-making while helping shape the culture of Green Sam. Albert joined Green Thumb in 2020 as a consultant and headed the Human Resources department. Over her 20+ years, she has been a trusted business partner with the goal of attracting and motivating employees while delivering results in both high-growth and reduced organizational environments. have led the effort. Prior to joining Green Thumb, she oversaw strategic and tactical human resource management at GE Capital, and in New York, where she was a consultant at Mercer HR Consulting. Albert graduated with honors from Tufts University in Boston and earned her Master of Business Administration degree from the Kellogg School of Management at Northwestern University.
Election of new officers
The company also announced today the appointment of Dawn Wilson Barnes to its Board of Directors, effective January 1, 2023. Barnes will join the Board as an Independent Director and a member of the Audit Committee.
Barnes is a seasoned financial services professional and is currently the President and Founder of Aurora Bay Capital, an Atlanta-based financial services firm that provides institutional marketing to companies seeking growth capital. and provide consulting services. Prior to founding Aurora Bay Capital, he held private positions at JP Morgan & Co. and Goldman Sachs and Co. in New York. He held private positions in Finance, Equity and Capital. Prior to that, he held auditing and accounting positions at Honeywell, Inc. with corporate financial auditing in Minneapolis and the company’s military avionics division in St. Petersburg, Florida.
Barnes holds a Master of Business Administration degree in Finance and Entrepreneurship Management from the Wharton School of the University of Pennsylvania and a Bachelor of Business Administration degree in Accounting from the University of Michigan. She is her FINRA registered representative at her Pickwick Capital Partners, LLC and has passed her CPA exam in Minnesota.
Kovler commented: As a seasoned financial professional with expertise in capital markets and auditing, she will be a strong addition to the team. Dawn’s appointment to the Board of Directors further strengthens her corporate governance, which is Green Thumb’s top priority. I look forward to working with Dawn. ”
“There are endless opportunities in the cannabis industry, and the Green Thumb team has laid an excellent foundation for long-term growth,” Burns said. I am very excited to support their success.”
Green Thumb continues to actively recruit additional board members for a potential U.S. listing and has hired an outside recruitment agency to assist in its search.
About Green Thumb Industries
Green Thumb Industries Inc. (“Green Thumb”) is a national cannabis consumer packaged goods company and retailer that promotes well-being through the power of cannabis and gives back to the communities it serves. increase. Green Thumb manufactures and markets a portfolio of cannabis products under brands such as &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, The Incredibles and RYTHM. The company also owns and operates a rapidly growing domestic cannabis retailer called RISE. Headquartered in Chicago, Illinois, Green Thumb operates in 17 manufacturing facilities, 77 open retail locations, and 15 US markets. Founded in 2014, Green Thumb employs approximately 3,800 people and serves millions of patients and customers each year. The company was named to Crain’s Chicago Business Fast 50 list in 2021 and 2022 and MG Retailer magazine’s Best Workplace in 2018, 2019 and 2021. For more information, please visit www.GTIgrows.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often expressed in terms of “could,” “could,” “could,” “should,” “will,” “intend,” “plan Identified by words such as “do”, “expect”, “believe”, “estimate”. “Expect” or similar expressions, including information about the submission of documents and when. The forward-looking information in this news release is based on expectations of future events that management believes to be reasonable. Forward-looking information speaks only as of the date it was made and, except as required by law, Green Thumb does not disclose forward-looking information, whether as a result of new information or not. undertakes no obligation to update or correct the future events or otherwise. Forward-looking information in this news release is subject to various known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied. receive. In reviewing these forward-looking statements, the reader is advised that Green Thumb is subject to the applicable securities regulators (the U.S. Securities and Exchange Commission’s websites www.sec.gov and Canadian electronic document analysis at www.sedar.com and search system (SEDAR) and the Green Thumb website (https://investors.gtigrows.com) for the year ended December 31, 2021, including the “Risk Factors” section of our Annual Report. Form 10-K.
Investor Contact:
Andy Grossman
EVP, Capital Markets & Investor Relations
InvestorRelations@gtirows.com
310-622-8257
Media contact:
Mattio Communications
GTI@mattio.com
Source: Green Thumb Industries
