People

Jon Sandelman

Jon Sandelman

Formal First Name
Jonathan (Jon)
Location

Jon Sandelman is the Executive Chairman and CEO of Ayr Wellness, an expanding, vertically-integrated multi-state cannabis operator. He has been instrumental in guiding the company's growth and strategic direction within the rapidly evolving cannabis industry. Sandelman is a 30-year Wall Street veteran of banking and finance, with a history of generating shareholder value. He started his financial career managing derivatives and arbitrage at Salomon Brothers and then Bank of America Securities, where he served as President. He later founded and led his own multibillion dollar asset management firm, Sandelman Partners.

Professional Experience


Academic History

AYR WELLNESS

  • Sandelman recognized that the cannabis sector has potential to be the next major industry of our time.

  • Under his leadership, Ayr Wellness has become the first cannabis SPAC to the top U.S. multi-state operator in just two years.

  • As Ayr continues to expand, Sandelman continues to lead the company in profitability, governance, and transparency.

  • Today, Ayr Wellness is focused on becoming the most trusted source of high quality cannabis in the United States.


BANK OF AMERICA

  • He served as President and Head of Debt and Equities at Bank of America Securities after building its capital markets businesses through the early 2000s.

  • He built Bank of America beyond its roots as a consumer and corporate lender.

  • He also served as a member of the company's Operating, Leadership, and Global Corporate and Investment Banking Compensation Committees.


MEDIA