Goodfood Market (GDDFF) announced changes to its management and board of directors. Jonathan Ferrari, Goodfood’s co-founder, Chair and CEO, will be stepping down from his executive roles, effective immediately. Mr. Ferrari will continue to serve as a director on the Board. Neil Cuggy, co-founder, President and COO, will continue in his executive functions, leading the day-to-day operations and assist the Board as it launches a formal operating review to enhance its long-term strategy. This review is aimed at securing a sustainable competitive edge and reinforcing the company’s business model to navigate its next critical phase. In parallel, Selim Bassoul has been appointed Chair of the Board, effective immediately. Mr. Bassoul brings extensive board and executive leadership experience, including his current role as Executive Chairman of Six Flags Entertainment Corporation (FUN).
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