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Acreage Holdings Inc C.ACRG.B.U


Primary Symbol: C.ACRG.A.U Alternate Symbol(s):  ACRHF | ACRDF

Acreage Holdings, Inc. is a vertically integrated, multi-state operator in the United States cannabis industry. The Company’s operations include cultivating and processing cannabis plants, manufacturing branded consumer products, distributing cannabis flower and manufactured products, and retailing dosable cannabis products to consumers. It is offering a range of products from its flagship brand, The Botanist, for adult-use sales in New Jersey. It has also launched Botanist Vape Cartridges and Disposables in Illinois, as well as Superflux Cured Concentrates. Its brand also includes Prime Wellness. It owns and operates eight cultivation and processing facilities, one each in Illinois, Maine, New Jersey, New York, Ohio, and Pennsylvania, respectively, and two in Massachusetts. The Company also owns 23 operational dispensaries in seven states. Its subsidiary, Universal Hemp, LLC, distributes, markets, and sells cannabidiol products.


CSE:ACRG.A.U - Post by User

Comment by Quietinvestoron Dec 18, 2020 8:32am
143 Views
Post# 32138447

RE:Acreage Holdings Appoints Peter Caldini As CEO

RE:Acreage Holdings Appoints Peter Caldini As CEOA very interesting and sound choice. One could make all types of inferences from the appointment. According to the Canopy and Acreage agreement, CANOPY would have needed to approve if not find the CEO. Will see where he takes Acreage 
Peter Caldini
CEO of BCAC

Peter Caldini is the Chief Executive Officer and a director of Bespoke Capital Acquisition Corp. Mr. Caldini has over 30 years of experience building and restructuring multinational organizations around the world and a strong consumer healthcare background. Mr. Caldini developed extensive commercial management expertise at Pfizer Inc., Bayer AG and Wyeth, LLC.  Mr. Caldini was the Regional President North America for Pfizer Consumer Healthcare from 2017 to 2019. Prior to that role he was the Regional President EMEA of Pfizer Consumer Healthcare from 2016 to 2017 and led the Northern European cluster from 2015 to 2016. Mr. Caldini was at Bayer from 2009 to 2014, with roles including the head of sub-region Emerging Markets EMEA, the General Manager of Bayer Consumer Care China and the head of the Nutritionals Strategic Business unit, the global leader in nutritional supplements with brands One-A-Day, Berocca, and Supradyn.  From 2002 to 2009 Mr. Caldini was at Wyeth LLC where he was responsible for affiliates across LATAM and AsiaPac and also managed the Centrum brand globally.  Early in his career Mr. Caldini held various leadership roles in brand management at Unilever in the US and Europe. 

As President of Pfizer Consumer Healthcare North America Mr. Caldini was responsible for managing the 2nd largest OTC consumer healthcare company in the region with over U.S.$2.1 billion in net sales.  He drove market share growth for leading brands Advil, Emergen-C, Nexium, Chapstick, and Prep-H and improved the profitability of the business unit.  As Regional President, he drove organizational change, brand acceleration, marketing strategy, trade execution, global e-commerce and transitioned the business to a more integrated operating culture. Mr. Caldini simultaneously led the turnaround of the Pfizer Canada affiliate, the 2nd largest OTC company in the market. 

As Regional President EMEA of Pfizer Consumer Healthcare he managed a U.S.$580 million P&L with over 850 employees. He was credited for restructuring the region, resulting in above market revenue growth and significantly improved profitability. He led the turnaround of several underperforming affiliates including the UK, Spain, Russia, and the Middle East.  He directed the successful brand launches of Nexium across Europe and the Viagra switch in the UK. He also led the successful acquisition of B-Total, a leading vitamin B brand in Italy and the integration of Ferrosan in the Nordics and Russia.

Mr. Caldini holds board roles with healthcare companies Kramer Labs, Solvotrin, and PreMark Pharma. He has a Masters of International Economics and Management from Bocconi University in Milan, Italy, an MBA from Northeastern University and a BA, Political Science from Boston University.  Mr. Caldini holds US and Italian citizenship.

GLTA
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