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Other

Goodfood Market Corp. Appoints Selim Bassoul as Chief Executive Officer and Announces Board Update

By The Northwire Desk — AI Analysis Feb 13, 2026 · 11:30 FOOD · 0.298 GOODFOOD MARKET CORP. J
FOOD · Price

Executive Summary

  • Selim Bassoul appointed Chief Executive Officer, effective immediately, while retaining his role as Chairman of the Board.
  • John Khabbaz stepped down from the Board of Directors to focus on his investor and fund‑manager responsibilities.
  • The Board indicated it will continue to refine its composition to better align with Goodfood’s strategic and financial priorities.

Key Details

  • Selim Bassoul assumes the CEO role, tasked with reinforcing balance‑sheet strength, enhancing operational performance, and driving sustainable profitability.
  • Bassoul will continue as Chairman of the Board, providing continuity of strategic oversight.
  • John Khabbaz resigns from the Board effective February 13 2026; he remains a supportive shareholder.
  • The Board plans to further strengthen its composition to support the Company’s strategic and financial objectives.

Notable Quotes

“As I step into the role of Chief Executive Officer, Goodfood is entering its next phase with a clear mandate: reinforce financial and balance sheet strength, enhance operational performance, and position the business for sustainable profitability.” – Selim Bassoul, Chairman & CEO

“I would like to thank John for his contributions to Goodfood during an important stage of the Company’s evolution. We appreciate his dedication and support.” – Selim Bassoul, Chairman & CEO

Read the original news release →

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