Goodfood Market Corp. Appoints Selim Bassoul as New CEO

MONTREAL, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or the “Company”) (TSX: FOOD), a leading Canadian online meal solutions company, today announced the appointment of Selim Bassoul as Chief Executive Officer, effective immediately. Mr. Bassoul will continue to serve as Chairman of the Board, ensuring continuity of strategic oversight and leadership.

On February 13, 2026, Goodfood Market Corp. announced the appointment of Selim Bassoul as the new Chief Executive Officer (CEO). This strategic move reflects the company's commitment to strengthening its leadership team as it navigates the complex food delivery and meal kit industry.

Bassoul brings a wealth of experience to Goodfood, having previously led major companies in the food sector. His extensive background is expected to drive innovation and enhance customer experience within the organization. Under his leadership, Goodfood aims to leverage technology and expand its product offerings to better serve its growing customer base.

The announcement was accompanied by news of updates to the company's board of directors. These changes indicate a proactive approach by Goodfood in refining its governance structure. The board's new composition is expected to provide valuable insights and strategic direction, fostering a culture of growth and accountability.

Goodfood's management emphasized that this leadership transition aligns with its long-term growth strategy, which focuses on sustainable practices and catering to the evolving dietary preferences of consumers. By appointing Bassoul, Goodfood seeks to capitalize on his expertise to enhance its market position and operational efficiency.

The reaction from industry analysts has been positive, as Bassoul's track record suggests he is well-positioned to lead the company in a highly competitive landscape. This change comes at a pivotal time as the meal kit delivery service continues to expand in popularity, driven by increasing demand for convenient and healthy meal solutions.

Investors expressed optimism regarding Goodfood's potential under the new leadership. As the demand for meal kits grows, stakeholders are eager to see how Bassoul's vision will translate into strategic initiatives and improved financial performance. This transition is seen as a crucial step towards solidifying Goodfood’s status as a leader in the meal solution sector.