Trulieve Announces New Board Member and CFO for Growth

Trulieve Strengthens Leadership Team

Trulieve Cannabis Corp, an industry leader in the cannabis sector, has made a significant announcement regarding its executive team. The company has welcomed Matthew Foulston to its Board of Directors and has appointed Jan Reese as the new Chief Financial Officer. These appointments provide Trulieve with robust leadership to navigate the evolving market landscape.

Introducing Matthew Foulston

Matthew Foulston is a seasoned executive with an impressive background in finance and corporate governance. Mr. Foulston's prior roles include being the Chief Financial Officer for notable publicly listed companies, such as Covetrus, Inc., TreeHouse Foods Inc., and Compass Minerals International Inc. Alongside his experience in these roles, he served as an independent director for Hyzon Motors, where he also chaired the audit and compensation committees.

Quotes from Matthew

Expressing his enthusiasm about joining Trulieve, Mr. Foulston remarked, "I'm excited to join the board of Trulieve, a true pioneer in the cannabis industry. I look forward to helping guide Trulieve through this next phase of growth while contributing to long-term shareholder value." His excitement is palpable, revealing his commitment to the company’s mission.

Jan Reese's Extensive Experience

Jan Reese will embark on his role as Chief Financial Officer with profound expertise in financial leadership. He comes to Trulieve with over 20 years of experience across various sectors, including both public and private companies. Before joining Trulieve, he served as CFO at several firms including Vimergy LLC and Tech Data Americas, overseeing core finance functions and leading expansions.

Jan’s Vision for Trulieve

Upon stepping into his new position, Mr. Reese stated, "Trulieve is an industry-leading company with strong financial performance and numerous growth opportunities ahead. I am eager to join the team at such an exciting time and look forward to driving continued success." His optimism suggests strategic plans are in the works to expand Trulieve’s market presence and financial stability.

Transition and Acknowledgment

The company expressed appreciation for Ryan Blust's efforts as Interim Chief Financial Officer and stated he will continue his role in the organization as Vice President of Finance. This smooth transition highlights Trulieve's commitment to maintaining a strong leadership pipeline.

Kim Rivers on the New Additions

CEO Kim Rivers expressed her enthusiasm about the new appointments, stating, "We are thrilled to welcome two new leaders to our Board and executive team. Mr. Foulston and Mr. Reese bring considerable experience and strategic insight to Trulieve that will be invaluable as we navigate the dynamic cannabis landscape." This indicates Trulieve's proactive approach to leadership amid the industry's growth.

About Trulieve Cannabis Corp

Trulieve stands out as a vertically integrated cannabis company and a multi-state operator across the United States. With prominent market positions in states such as Arizona, Florida, and Pennsylvania, Trulieve is strategically positioned for future growth. Through innovative product development and an emphasis on customer satisfaction, Trulieve aims to enhance access to cannabis products for patients and customers alike.

Frequently Asked Questions

1. Who are the new appointments at Trulieve?

Matthew Foulston has joined the Board of Directors, and Jan Reese is the new Chief Financial Officer.

2. What experience does Matthew Foulston bring?

Mr. Foulston has extensive experience in finance and corporate governance from his roles in various companies.

3. What is Jan Reese's background?

Mr. Reese brings over two decades of experience in finance, having served as CFO at multiple firms.

4. What does CEO Kim Rivers say about the new leaders?

She expressed excitement and confidence in their abilities to navigate the evolving cannabis landscape.

5. What is Trulieve's focus as a company?

Trulieve focuses on providing high-quality cannabis products and enhancing market access for its customers and patients.

About The Author

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