NorCal Cannabis appoints PE veteran Albert to board

California-based NorCal Cannabis, a vertically integrated cannabis operator, has named Kevin Albert to its board of directors. Currently, Albert is a partner at Pantheon.

PRESS RELEASE

SAN FRANCISCO, Aug. 29, 2019 /PRNewswire/ — NorCal Cannabis (“NorCal”), one of the largest vertically integrated cannabis operators in California, announced today that private equity veteran Kevin Albert has joined its Board of Directors in his personal capacity.

Albert has spent his entire career in the private equity industry and currently serves as a Partner at Pantheon, a global investment firm specializing in private equity, infrastructure, real assets and private credit. In addition to decades of experience in strategic planning, due diligence, capital acquisition and management and governance, Albert brings to NorCal a wealth of cannabis industry expertise, having invested in the sector since its inception.

“NorCal’s data-driven approach to building its business and brand ecosystem is a best-in-class model that is already proving highly successful,” said Albert. “I believe NorCal is capable of dominating the California market — the most important cannabis market in the world — and look forward to contributing as the company continues to accelerate its business and strengthen its position as the most innovative and consumer-focused cannabis company in California.”

In his role at Pantheon, Albert has overseen business development, client relations and the marketing of a range of investment products and services. He is also a member of the Partnership Board at Pantheon, a six-person board that manages the key strategic initiatives of the firm.

“Kevin brings to NorCal decades of experience, an eye toward the future and a strong belief in our model of building a business around an array of different brands and products, using data-driven consumer insights,” said Doug Cortina, CEO of NorCal. “We’re proud to have Kevin join our Board of Directors and look forward to his insights and expertise as we continue to execute our strategic business plan.”

Albert joined Pantheon from Elevation Partners and prior to that led the Global Private Equity Placement Group at Merrill Lynch. In addition to NorCal, Albert serves as an Independent Director for Neighborhood Holdings, a new real estate management company that seeks to provide renters with the ability to invest in the neighborhoods they live in, among other benefits. He holds a BA in Economics and an MBA in Finance, both from the University of California, Los Angeles where he is the Chair of the Board of Visitors in the Economics Department.

About NorCal Cannabis
NorCal Cannabis is one of the largest vertically integrated and direct-to-consumer cannabis platforms in California. NorCal’s mission is to bridge the strong roots of our company and the bright future of the cannabis industry by creating the most impactful cannabis ecosystem in California. Our purpose is to enhance the human experience by connecting people and cannabis – leading by example as we make positive impacts at a social and environmental level.

NorCal operates two retail brands, Herb & Legend and The Green Door, and its consumer brands include 1Lyfe, Big Al’s Exotics, lolo, Occidental Hills, Panacea and Pass it Forward. NorCal will launch a new line of female-focused branded cannabis products with comedian, actress, entrepreneur, author and activist Chelsea Handler later this year.

For additional information, please visit: www.norcalcann.com and www.visitherbandlegend.com

Clearwater, Florida-based FairWarning, a global privacy company, has named Ed Holmers as CEO. Previously, Holmes was the CEO of Peoplenet. FairWarning is backed by Mainsail Partners.
PRESS RELEASE
CLEARWATER, Fla., Aug. 29, 2019 /PRNewswire/ — FairWarning, a global privacy company providing solutions that protect data in electronic health records (EHRs), Salesforce and hundreds of other cloud-based applications, today announced the appointment of Ed Holmes as Chief Executive Officer. Holmes is taking over from Interim CEO Patrick Marschall.

Holmes was previously the CEO of Peoplenet, a leading provider of cloud software for the staffing industry, until its acquisition by Bullhorn in 2017, at which time Holmes became the SVP of Workforce & Revenue Cloud at Bullhorn. Holmes has spent his career in software and technology applications that serve Fortune 500 companies, including roles as both CIO and CEO.

“FairWarning has built a strong reputation as a privacy company delivering data protection and security through AI, automation and expert services, and I am thrilled to be joining the company,” said Holmes. “It was apparent very early in the process that the FairWarning team shares the same focus on delivering value to customers that I’ve had my entire career. That alignment was a key factor in my decision to join the team, as well as the company’s growth and clear market leadership position. I believe FairWarning is an innovator in the important area of healthcare data privacy and governance and will continue to grow this space with anomalous behavior detection, drug diversion, and more.”

“We are excited to have Ed join and lead the strong management team that is already in place at FairWarning,” said FairWarning Board Member Michael Anderson from Mainsail Partners. “As the company continues to experience growth and scales to support this growth, I can’t think of a better person at the helm than Ed,” added Anderson. “He has a proven track record of building value at several different technology companies and is a perfect fit for FairWarning.”

FairWarning provides technology solutions and services to help customers secure private, sensitive information held in mission-critical applications. The company addresses crucial requirements detailed in data protection regulations globally. Customers of the company’s Patient Privacy Intelligence and Managed Privacy Services solutions represent over 8,500 healthcare facilities globally, and FairWarning’s Cloud Security and Salesforce offerings protect financial services firms with a combined $700+ billion in assets under management.

FairWarning has received numerous accolades, including being voted a “Top Workplace” in Tampa Bay for seven consecutive years. The company announced a $60 million growth equity investment from Mainsail Partners in June of last year.

About FairWarning®
FairWarning helps healthcare, financial services, and other organizations establish a culture of security, privacy, and compliance to expand trust with their patients, investors, and customers. FairWarning’s patented cloud-based platform simplifies the full lifecycle of privacy and insider security incident management and helps those in highly regulated industries more easily detect, investigate, mitigate and remediate improper user access or behavior. With its Patient Privacy Intelligence and FairWarning for Cloud Security offerings, FairWarning helps satisfy key regulatory requirements across multiple industries and localities, including GDPR, PCI, SOX, and HIPAA. FairWarning’s Managed Privacy Services seek to enhance the protection of patient data with a team of healthcare privacy and security experts that function as an extension of the customer’s team. For more information on FairWarning, visit http://www.FairWarning.com.