Curaleaf announces new President

Curaleaf has announced the appointment of Rahul Pinto to the newly created role of President. Effective immediately, Mr. Pinto will join Curaleaf's leadership team and will support Chairman and CEO Boris Jordan in executing Curaleaf's strategy.

Mr. Pinto brings over 20 years of U.S. and international executive leadership in global consumer packaged goods (CPG) and retail, and has led major business transformations at food and beverage industry giants including Albertsons, PepsiCo, and Bacardi. Most recently, he spearheaded Albertsons' evolution into a tech-enabled, loyalty-driven retailer, overseeing strategic planning for Kroger's acquisition attempt.

"I am thrilled to join Curaleaf as President," said Rahul Pinto, Curaleaf President. "Curaleaf has set a standard of excellence across the U.S. and international cannabis market, that I am eager to uphold and continue to build upon. I look forward to bringing my expertise from CPG and retail to my role, to create lasting value as we continue to strengthen our position as the world's leading cannabis company. With a powerful footprint and a strong portfolio spanning cannabis, hemp and retail, I'm excited to work with our team members, leadership, communities and partners around the world to chart new territory, and to push the frontiers of innovation."

"We are proud to welcome Rahul Pinto, Helen Chen, Scott Crawford and Justin Miller to the Curaleaf organization," said Boris Jordan, Chairman and CEO of Curaleaf. "Mr. Pinto is a distinguished leader with a track record of delivering continuous improvement and building competitive advantage for some of the world's leading retailers and CPG brands. With the addition of our new digital, brand marketing and retail merchandising leadership, we are bringing in a wealth of talent that further positions us for continued success in today's dynamic environment. In partnership with our seasoned cannabis experts, these distinguished leaders from the world's top consumer brands will drive forward a new era of brand-building across our premier products, nationally recognized brands, and industry-leading retail destinations."