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Trulieve Appoints Board Member, New CFO

Matthew Foulston is joining the cannabis company’s board of directors, while Jan Reese will be the new chief financial officer.

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Trulieve Cannabis Corp.

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[PRESS RELEASE] – TALLAHASSEE, Fla., Aug. 27, 2025 – Trulieve Cannabis Corp., a leading and top-performing cannabis company in the U.S., announced the appointment of Matthew Foulston to the Trulieve Board of Directors and Jan Reese as chief financial officer (CFO).

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Foulston is an accomplished board member and financial executive with extensive experience across multiple industries, having previously served as CFO for three publicly listed companies: Covetrus Inc., TreeHouse Foods Inc. and Compass Minerals International Inc. Foulston also served as an independent director and as chair of both the audit and compensation committees for Hyzon Motors Inc.

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"I'm excited to join the board of Trulieve, a true pioneer in the cannabis industry," Foulston said. "I look forward to helping guide Trulieve through this next phase of growth while contributing to long-term shareholder value."  

Reese, who will assume the CFO responsibilities as of Sept. 8, 2025, is a seasoned executive with more than two decades of finance leadership experience spanning public, private equity–backed, and entrepreneurial companies. He served as CFO at Vimergy LLC, AVI-SPL LLC, Tech Data Americas (now TD SYNNEX) and Motorsport Network Media LLC and has held senior finance and executive roles at Delphi Automotive (now Aptiv PLC) and Walmart International, among others. Throughout his career, he has overseen all core finance functions, led domestic and international expansion, and guided organizations through IPO and exit readiness.

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"Trulieve is an industry-leading company with strong financial performance and numerous growth opportunities and catalysts ahead," Reese said. "I am eager to join the team at such an exciting time for the company, and I look forward to driving continued success in the years ahead."

The company would like to thank Ryan Blust for serving as interim CFO. Blust will resume his duties as vice president, finance, once Reese assumes the CFO role.

"We are thrilled to welcome two new leaders to our board and executive team," CEO Kim Rivers said. "Mr. Foulston and Mr. Reese bring considerable experience and strategic insight to Trulieve that will be invaluable as we navigate the dynamic and constantly evolving cannabis landscape.”

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