AFCG - AFC Gamma Inc. Announces Appointment of Daniel Neville as New Chief Executive Officer | Benzinga
Brings Extensive Operational Experience and Deep Cannabis Knowledge
Leonard Tannenbaum to Transition to Role of Chief Investment Officer
WEST PALM BEACH, Fla., Oct. 30, 2023 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma"), a commercial real estate finance company, today announced the appointment of Daniel Neville, as its new Chief Executive Officer, effective November 13, 2023. Most recently, Mr. Neville served as the Chief Financial Officer for Ascend Wellness Holdings, Inc. ("AWH"), a leading multi-state, vertically integrated cannabis operator. He succeeds Leonard Tannenbaum, who will transition from his role as Chairman of the Board and Chief Executive Officer to Executive Chairman and Chief Investment Officer, effective as of November 13, 2023.
Commenting on the appointment, Mr. Tannenbaum, said, "We are delighted to have someone with Dan's expertise in the cannabis industry take on the CEO role at AFC Gamma. Dan is a proven leader, who brings deep operational expertise, a strong strategic mindset and proven leadership abilities. I believe that as a lender, it has become increasingly important to have in-house operating expertise to contribute to the underwriting and portfolio management of cannabis credits. The appointment of Dan as CEO reaffirms AFC Gamma's commitment to lending to the ...