TerrAscend promotes Ziad Ghanem to CEO effective March 29, 2023

TerrAscend Corp.

Ziad Ghanem appointed CEO, continuing as President; previously President and COO since Jan 2022.
Annual base salary of $500,000, 75% bonus target, and LTI up to 100% base in RSUs.
Severance provides 12 months base salary, COBRA, pro-rata bonus, and accelerated vesting on change of control.
Non-compete and non-solicitation covenants for 12 months post-termination; repayment of severance if breached.
Ghanem brings 17+ years experience, previously President at Parallel and Senior Director at Walgreens Boots Alliance.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Ziad Ghanem

Chief Executive Officer

TSNDF · TerrAscend Corp.

Effective: 2023-03-29
Filed: March 31, 2023, 7:59 PM ET

On March 29, 2023, the board of directors (the “Board”) of TerrAscend Corp. (the “Company”) appointed Ziad Ghanem as Chief Executive Officer of the Company effective immediately, in addition to continuing in his role as President of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ziad Ghanem was appointed as Chief Executive Officer at TerrAscend Corp..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On March 29, 2023, the board of directors (the “Board”) of TerrAscend Corp. (the “Company”) appointed Ziad Ghanem as Chief Executive Officer of the Company effective immediately, in addition to continuing in his role as President of the Company.

View on SEC.gov

TerrAscend Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-011162

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.