AFC Gamma names Daniel Neville CEO; Tannenbaum becomes Executive Chairman and CIO

Advanced Flower Capital Inc.

Daniel Neville appointed CEO effective Nov 13, 2023, succeeding Leonard Tannenbaum.
Tannenbaum transitions to Executive Chairman and Chief Investment Officer, same effective date.
Neville's base salary $625,000; eligible for annual bonus up to $400,000 and equity grants.
Neville receives Sign-On Grant of $750,000 in restricted stock vesting over 3 years, plus 20% of increase in Adjusted Capital.
Neville previously served as CFO of Ascend Wellness Holdings, a multi-state cannabis operator.

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.

Role change

Leonard M. Tannenbaum

Executive Chairman and Chief Investment Officer

AFCG · Advanced Flower Capital Inc.

Effective: 2023-11-13
Successor: Daniel Neville
Filed: October 30, 2023, 7:59 PM ET

On October 26, 2023, Mr. Tannenbaum was appointed by the Board of Directors (the “Board”) of the Company as the Executive Chairman of the Board and the Company’s Chief Investment Officer.

Appointed

Daniel Neville

Chief Executive Officer

AFCG · Advanced Flower Capital Inc.

Effective: 2023-11-13
Filed: October 30, 2023, 7:59 PM ET

On October 26, 2023, the Board appointed Daniel Neville as the Chief Executive Officer of the Company and a member of its Investment Committee, effective as of November 13, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Leonard M. Tannenbaum was appointed as Executive Chairman and Chief Investment Officer at Advanced Flower Capital Inc..

Action: appointed
Role: Executive Chairman and Chief Investment Officer

Exact text from the filing

On October 26, 2023, Mr. Tannenbaum was appointed by the Board of Directors (the “Board”) of the Company as the Executive Chairman of the Board and the Company’s Chief Investment Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Daniel Neville was appointed as Chief Executive Officer at Advanced Flower Capital Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On October 26, 2023, the Board appointed Daniel Neville as the Chief Executive Officer of the Company and a member of its Investment Committee, effective as of November 13, 2023.

View on SEC.gov

Advanced Flower Capital Inc. filing history →

Source: SEC EDGAR

accession 0001829126-23-006856

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.