Steve Allan, Chief Executive Officer
Steve Allan has served as Chief Executive Officer of The Parent Company since January 2021. Previously, Steve was President and CFO of Caliva, responsible for Finance, Accounting, Investor Relations, Direct to Consumer Business and Product. For the decade prior to joining Caliva in 2017, Steve was the Head of SVB Analytics and SVB Securities Strategic Advisory, responsible for the three areas of information services: Strategic Advisory Services, Compliance Valuations, and Insights. Before SVB, he worked with J.P. Morgan Chase in New York
Mike Batesole, Chief Financial Officer
Mike Batesole has served as Chief Financial Officer of The Parent Company since February 2021. Mike brings over 25 years of financial and operational experience to the role. He most recently served as Chief Financial Officer, CA Operations for Origin House, beginning in 2019 through the company’s acquisition by Cresco Labs in January 2020. Prior to Origin House, Mike spent 10 years as the Chief Financial Officer at Shaklee Corporation, where he was responsible for all accounting, finance, operations and supply chain, and IT. Earlier in his career, Mike held senior finance roles at leading technology companies including Dorado Network systems, VA Software Corporation and Bentley Systems. He is an active CPA and earned a Bachelor of Science from the Haas School of Business, University of California, Berkeley.
Dennis O'Malley, Chief Operating Officer and President of Caliva
Dennis O’Malley has served as Chief Operating Officer of The Parent Company and President of Caliva since January 2021. Dennis was previously the CEO of Caliva, where he led a 10x increase in revenue over the course of three years. Before joining Caliva in 2017, Mr. O’Malley was CEO of ReadyPulse Inc., a venture backed software company that enabled lifestyle brands like Nike, Adidas, The North Face, Red Bull, Reebok, to leverage ambassador marketing programs, from April 2012 to April 2016. The company was sold in April 2016. Mr. O’Malley holds multiple technology patents as well as an MBA from Santa Clara University.
Brett Cummings, President of LCV
Brett Cummings has served as President of LCV since January 2021. Brett joined LCV in 2018 as Chief Executive officer and led the company through the successful acquisition and integration of 3 business units and growth of over $120M revenue in 2020. Before joining LCV, Brett served as Partner and CFO of venture capital firm 8VC since 2016 and as CFO and COO of growth equity fund Formation 8 Partners since 2012 where he raised and managed over $3 billion in commitments in 7 years. Brett earned his BS in Finance and Accounting from Indiana University’s Kelley School of Business.
Shawn “JAY-Z” Carter, Chief Visionary Officer
Shawn “JAY-Z” Carter is not just the first hip-hop artist to be inducted into the Songwriters Hall of Fame or just a 22 GRAMMY award-winner. With multiple businesses, accolades across the recording and film industries, recognition throughout the philanthropic community and strong relationships with global investment leaders like Warren Buffet, Mr. Carter is the most globally dominant force of popular culture. As Chief Visionary Officer, Mr. Carter will oversee the development and promotion of brands that leverage the vision, influence, and social impact mission of The Parent Company. Mr. Carter will not be considered an executive officer of The Parent Company for the purposes of applicable securities law.
Desiree Perez , Chief Social Equity Officer
Desiree Perez will act as Chief Social Equity Officer advising The Parent Company with respect to investments made by its new social equity fund focused on investing in Black and other people-of-color Cannabis entrepreneurs. Additionally, Desiree will be an observer to the board of directors. Since 2009, Desiree Perez, Roc Nation’s CEO, has been, besides for Shawn “JAY-Z” Carter himself, the person most responsible for realizing his ultimate vision of creating a business empire that spreads far beyond its origins. In her time at the company Roc Nation has grown beyond a record label, music publishing, and artist & sports management agency, to become a company that both engages and employs his community. In addition to her involvement in all aspects of his music career, from platinum records to sold-out tours, Perez has had her hand in every significant deal the company has made in the past decade, all while overseeing Roc Nation’s day-to-day operations. In 2015, Perez negotiated the deal to purchase the streaming service TIDAL and subsequently selling a stake in the company to Sprint. In 2017, she negotiated the worldwide touring deal between JAY-Z and Live Nation, a decade after the two parties had inked a multi-million dollar 360-degree deal that included management, publishing, licensing and other outside investments. In addition, her work led to a worldwide partnership with Universal Music Group in 2013, under which Roc Nation joined the Universal family, while still operating as a standalone label. She also negotiated its multi-million-dollar renewal in 2018. She continued to further help to expand JAY-Z’s portfolio with the product launches of successful luxury liquor brands D’Usse cognac and Ace of Spades champagne. Perez worked with Meek Mill’s legal team to petition the courts to secure the rapper’s release from prison. In 2019 she was named Billboard’s 2019 Women in Music Executive of the Year. The Bronx, NY native honed her skills through the nightlife and restaurant management ranks at several locations in NYC before co-founding the flagship 40/40 club located in Manhattan’s Flatiron District, of which she is part owner. Ms. Perez will not be considered an executive officer or director of The Parent Company for the purposes of applicable securities law.
Drew Kornreich, Chief M&A Officer
Drew Kornreich has served as Chief M&A Officer of The Parent Company since January 2021. Drew has spent his entire career in large-scale consolidations, M&A and investing. He previously served as Chief Legal and M&A Officer of Caliva beginning early 2019. Since 2013, Drew has deployed over $80 million, including in the legal cannabis industry. Drew was the Co-Founder, President and GC of HighTower Advisors from 2008 to 2013, the country’s leading independent wealth-management firm, which now manages approximately $85 billion in assets across more than 50 offices. At Hightower, he sourced, negotiated and consummated financings totaling $200 million. From 2013 to 2019 Mr. Kornreich was an investment consultant in the private equity space. Drew holds a M.B.A. from Northwestern University, Kellogg School of Management and a J.D. from Loyola University Chicago –School of Law.
Colin Brown, Chief Legal Officer
Colin Brown has served as Chief Legal Officer of The Parent Company since January 2021. Colin joins The Parent Company from a cross-functional legal/corporate development role at Tilray Inc. where he held various legal positions starting in 2018. At Tilray, Colin assisted with the first cannabis IPO on a major US stock exchange (the NASDAQ) and led negotiations for several industry hallmark transactions, including a cannabis-beverage joint venture with the world’s largest brewer, multiple accretive acquisitions and financings totaling approximately $800M. Prior to Tilray, Colin worked as a corporate attorney at Skadden, Arps, Slate, Meagher & Flom LLP from 2014 to 2018 focusing on Canada/US cross-border matters. Colin obtained a JD/MBA from Queen’s University.
John Figueiredo, President of SISU
John Figueiredo has served as President of SISU for The Parent Company since January 2021. John had joined SISU as Chief Executive Officer in 2018 and led the company’s growth by more than 3,000% in 2018 from the founding team to 100 employees and more than a $100M revenue run rate in 2020, servicing some of the largest brands in the industry. Prior to SISU, John was an engineering manager at Teespring since 2016, and led a global team of 11 software developers at Teespring. Prior thereto, Mr. Figueiredo was an engineering manager at Goodshop since 2014. Mr. Figueiredo received his Bachelors of Business Administration from the University of Oregon.
Ann Peltz, EVP, Marketing
Ann Peltz leads marketing for Left Coast Ventures, where she has driven growth for a portfolio of over 15 brands and developed partnerships with recognized talent such as Carlos Santana and Mickey Hart. Prior to Left Coast Ventures, she served as VP Marketing for DTC wine business, The Perfect Sip, and ran her own marketing strategy consulting firm. Previously, she managed the world’s largest wine brand at E&J Gallo Winery (Barefoot Wine & Bubbly) and ran corporate branding at Shaklee, the largest natural nutrition company. Ann has earned degrees from Stanford Graduate School of Business and St. Mary’s College of California.
Judith Schvimmer, General Counsel, U.S. Business Affairs
Judith has been practicing law in California for over 15 years and has deep experience in regulated industries, including as in-house counsel at Jackson Family Wines and General Counsel at Lagunitas Brewing Company. While at Heineken-owned Lagunitas, Judith was integral in bringing to market the first U.S. cannabis product sold under a global alcohol brand name. In her current role as general counsel to Left Coast Ventures, she oversees the company’s portfolio of brands that work at the cutting edge of cannabis cultivation, manufacturing, distribution, and consumer products.
Steve Winchell, EVP, Product
Steve has over 20 years of leadership positions in Research and Development with large multi-national Consumer Packaged Goods companies. Steve spent 14 years at Clorox where he led the Homecare R&D team responsible for innovation of the $1.3B Homecare business. Steve previously managed the Burt’s Bees R&D team while at Clorox where he became interested in the power of plant-based solutions to solve consumer problems. Steve has managed product development from discovery to commercialization and brings an innovation mindset along with critical process knowledge to The Parent Company that will help identify consumer unmet needs to innovate against. Steve has a B.S. in Chemistry and a M.S. in Chemical Engineering.
Launy Senee, EVP, Accounting
With over 25 years in Corporate Finance, including 5+ in the California Cannabis industry, Launy has helped high tech, life science and cannabis CEOs navigate the confusing laws and regulations, steep taxes and accounting problems unique to their industries.