Goodfood Names New CEO | Toronto News

Goodfood Market welcomes Najib Maalouf as its new CEO, stepping in seamlessly after Selim Bassoul’s departure. With Maalouf already serving as president and COO, the company sees this as a smooth leadership transition that keeps strategy and operations on track. Despite reporting a $7 million Q2 net loss, the board remains confident in Maalouf’s deep institutional knowledge to steer the company forward. He plans to continue executing current plans, having spent the year refining operations and evolving the business model. Bassoul, who departed with gratitude, praised his team’s resilience and wished Goodfood continued success. The company reaffirms its commitment to customers across Canada and its core strategy as it moves into this new chapter. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0d534a37ee242742