Frank Perullo is a Co-Founder of AWH and was appointed President of Ascend Wellness Holdings in August 2024. Prior to that, he served as the EVP of Corporate Affairs. He also serves on the Board of Directors. Mr. Perullo previously served as interim-CEO of Ascend. Mr. Perullo’s leadership has been key to Ascend Wellness Holdings’ impressive growth trajectory and brand success. He spent his first three years as Chief Strategy Officer, during which time he spearheaded the Company’s retail expansion strategy and built out AWH’s initial footprint. Previously, Mr. Perullo served as a strategic consultant for multi-national corporations. He was Founder of Novus Group and Sage Systems, one of the leading providers of web-based data management software, which he founded in 2002.
Michael McLaughlin was appointed as Chief Operations Officer of Ascend Wellness in October of 2024, reporting to President Frank Perullo. He previously served as the SVP of Supply Chain and the company’s Center of Excellence. Over the past three years at Ascend, he has led a broad range of functions including supply chain, extraction manufacturing, construction, quality improvement, engineering and facilities, regulatory compliance, retail delivery, and public affairs. He also managed Ascend’s cross-functional scale-up for several state conversions to adult use.
Mr. McLaughlin has extensive experience driving business growth in highly regulated and segmented markets. He previously worked at Sevita where he led regulatory and reimbursement strategy for the company’s $1.2 billion Medicaid segment at the federal level and across 26 states. Prior, he worked in strategy consulting, advising corporations, public officials, and non-profits on regulatory, political and land use matters. Mr. McLaughlin holds an MBA from MIT’s Sloan School of Management and a B.A. from Boston College.