Numinus Wellness Welcomes New Leadership Team with Vision

Numinus Wellness Strengthens Leadership with New Appointments

Nuinus Wellness Inc. has unveiled a significant shift in its leadership structure, marking an important milestone for the mental healthcare company. The organization, known for its progressive approach to behavioral health treatments, has announced the appointment of Michael Tan as Chief Executive Officer. Payton Nyquvest moves to Executive Chair, ensuring continuity in visionary leadership.

Michael Tan Takes Helm as CEO

Michael Tan's transition to CEO is a pivotal moment for Numinus. Having joined the company in 2019 as the Chief Operating Officer prior to its initial public offering, he has accumulated a wealth of experience and insight. His role as President was added in 2022, underscoring his deep involvement in the company's operations, mergers and acquisitions, and strategic realignments.

Focus on Innovation and Growth

In his new position, Michael Tan is tasked with the important job of elevating the clinical research programs and training initiatives. His emphasis will be on adapting to the evolving needs within mental health care, striving to find new pathways to address the critical areas where help is needed most. "I am committed to leading Numinus forward and pursuing opportunities for growth where we can create meaningful impact," Tan stated, highlighting his forward-thinking vision for the company.

Payton Nyquvest Transitions to Executive Chair

Payton Nyquvest, a notable figure in the psychedelic therapy space, steps into the role of Executive Chair with strategic foresight. His guidance has been instrumental in positioning Numinus as a leader in mental health solutions, and he will continue to shape corporate strategy, investor relations, and strategic partnerships. Referring to his new responsibilities, NyquVest remarked, "As I transition from CEO to Executive Chair, I look forward to supporting the leadership team and contributing to the Company's ongoing priorities." His extensive experience in corporate finance and network within the psychedelic therapy sector is invaluable as Numinus navigates future growth.

Board Changes and Future Direction

Furthermore, the company shared that Allen Morishita, a Board member since inception, has opted to resign. Numinus expressed gratitude for his service and acknowledged his vital contributions from the outset.

About Numinus Wellness

Numinus Wellness Inc. (TSX: NUMI) is dedicated to transforming mental health care through the delivery of innovative treatment options, particularly those based on safe, evidence-backed psychedelic-assisted therapies. The company's model combines technological enhancements, clinical trial research, and thorough practitioner training to promote healing instead of merely managing symptoms.

Leading the Change in Mental Health

With the ever-growing awareness of mental health issues and the need for effective therapies, Numinus is at the forefront, leading the integration of psychedelic-assisted therapies into mainstream practices. Their goal is to create a healthier society by addressing conditions such as depression, anxiety, trauma, pain, and substance misuse comprehensively and compassionately.

Frequently Asked Questions

1. Who is the new CEO of Numinus Wellness?

The new CEO of Numinus Wellness is Michael Tan, who has been with the company since 2019.

2. What role does Payton Nyquvest now hold?

Payton Nyquvest has transitioned to the role of Executive Chair, focusing on corporate strategy and investor relations.

3. What prompted the leadership changes at Numinus?

The changes are part of the company's strategy to adapt and grow in the evolving mental health landscape.

4. How does Numinus Wellness plan to address mental health?

Numinus aims to promote healing through innovative, evidence-based therapies, particularly psychedelic-assisted treatments.

5. What is the core mission of Numinus Wellness?

The core mission of Numinus Wellness is to facilitate healing and wellness through advanced mental health care practices.

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