Ascend Wellness Holdings, Inc. announced that Chief Financial Officer Daniel Neville and President & Co-founder Frank Perullo have been named Interim Co-CEOs, effective immediately. As Interim Co-CEOs, Mr. Neville and Mr. Perullo will provide ongoing leadership and oversight of the Company's day-to-day operations while a search is conducted for a new CEO. Daniel Neville is Interim Co-CEO and CFO.

Mr. Neville joined AWH as SVP of Finance in March 2019, and in August 2020, he was promoted to Chief Financial Officer. Before AWH, Mr. Neville worked at SLS Capital, a special situations hedge fund based in New York. He served as a Managing Director from January 2015 to March 2019 and as an Analyst from April 2010 to January 2015.

Previously, he worked as an investment banker at Credit Suisse in the Technology Group, where he worked on mergers & acquisitions and IPO transactions. Mr. Neville earned his Bachelor of Science in Economics from Duke University. Frank Perullo is the Interim Co-CEO, President, & Co-Founder of AWH.

Mr. Perullo's leadership has been key to Ascend Wellness Holdings' impressive growth trajectory and brand success. He spent his first three years as Chief Strategy Officer, during which time he spearheaded the company's retail expansion strategy and built out AWH's footprint. Previously, Mr. Perullo served as a strategic consultant for multi-national corporations.

He was Founder of Novus Group and Sage Systems, one of the leading providers of web-based data management software, which he founded in 2002.