Leadership Team



Management Team


Xanthic biopharma derrick welsh member

PETER HORVATH | Director

CEO, GGB Nevada LLC

Peter Z. Horvath, will serve on the board of directors and serve as the CEO of GGB Nevada LLC. Mr. Horvath currently serves as the chief executive officer of Schottenstein Arviv Group US LLC, doing business as Green Growth Brands, a lifestyle-oriented, consumer products company that celebrates health, wellness and happiness. Mr. Horvath has 35 years of executive management experience with specialty brand retailers such as American Eagle Outfitters, DSW, and Victoria’s Secret Stores at L Brands. From 2012 to 2015, Mr. Horvath served as Chief Executive Officer Mission Essential Personnel, a defense contractor focusing on intelligence solutions. Mr. Horvath received his Bachelor of Business Administration, Business, Management, Marketing, and Related Support Services from Boston University, School of Management.

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TIM MOORE | Director

CEO, Xanthic Biopharma Inc.

Over 30 years experience in Fortune 500 leadership roles in Canada and USA. Former President of The Clorox Company of Canada and COO and Synnex Canada. Led Brita North America Consumer and Foodservice water filtration businesses. Experienced with mergers and acquisitions. Progressive positions in Marketing, Sales, Operations and General Management. Has led organizations ranging from start-up to over $1Billion in size. Extensive experience in the launch and growth of premium branded products across a broad range of categories.

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David Bhumgara |CPA, CA

CFO, Xanthic Biopharma Inc.

Over 20 years of senior management and capital markets experience, over 15 years of experience as CFO for TSX (Dundee Energy) and TSX.V listed companies in resources, oil and gas, and technology. Extensive experience in finance, accounting, corporate finance, and mergers and acquisitions. Has proven track record working with small to medium size organizations.

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GARY GALITSKY | Director

President, Xanthic Biopharma Inc.

Has been producing craft cannabis for designated use for 7 years, proficient in all forms of extraction techniques. One of the earliest applicants to receive the MMAR license for both personal and designated production. Consulted for a number of Licensed Medical Cannabis Producers to develop both scaled plant production growth strategy as well as extraction and secondary processes.


Board Members


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STEVE STOUTE | Director

CEO/Founder, Translation LLC

Stephen J. Stoute will serve as an independent member of the board of directors. Mr. Stoute is the founder and Chief Executive Officer of Translation, a marketing agency. In 2017, Mr. Stoute joined United Masters, a data-driven digital distribution company helping music artist grow and manage their fan bases. As the author of The Tanning of America: How Hip-Hop Created a Culture That Rewrote the Rules of the New Economy. In 2009 the American Advertising Federation inducted Mr. Stoute into the Advertising Hall of Achievement, and he was named “Executive of the Year” by Advertising Age in 2013.

tim moore xanthic bio ceo

CARLI POSNER | Director

Co-CEO and Principal, Notable Life

Ms. Posner is the Co-CEO and Principal of Notable Life, a media company that reaches over 1.2 million high-earning millennials across Canada. Prior to Notable, she was the Executive Producer of the hit show Hockey Wives, overseeing many departments including premium sponsors and media strategy. Ms. Posner has spent a significant portion of her career in Los Angeles, working in film finance and production. She is the leading talent packager in our country and has worked with top stars including George Clooney, Coldplay, Drew Barrymore, Jamie Oliver and Wayne Gretzky, to name a few. During Ms. Posner’s career, she has generated over $100 million dollars of sponsorships and endorsements in the Canadian marketplace with top brands including Mastercard, Corvette, Scotiabank, BMW and LG.

president of xanthic gary galitsky

MARC LEHMANN | Director

General Partner | Riverloft Capital

Marc E. Lehmann will serve as an independent member of the board of directors. Mr. Lehman is currently the Managing Member of Flamingo Drive Partners, LLC, an investment firm involved in public markets, real estate and start-up investing. Prior to that, Mr. Lehmann was the General Partner at Riverloft Capital Management from 2011 to 2016. From 2002 to 2010, Mr. Lehmann was a Partner and Director of Research at JANA Partners, a hedge fund. Earlier in his career, he was an Analyst at Appaloosa Management, from 1999 to 2002, sourcing and analyzing distressed special situations investments for the opportunistic hedge fund portfolio and began his career as an Analyst at Morgan Stanley and Lehman Brothers. . Mr. Lehmann completed his Master of Business Administration at The Wharton Business at the University of Pennsylvania. Mr. Lehmann has a Bachelor of Science in Finance and International Business from New York University.

president of xanthic gary galitsky

JEAN SCHOTTENSTEIN | Director

Philanthropist and Board Member

Jean R. Schottenstein, will serve as a member of the board of directors of the company. Mrs. Schottenstein serves on the Board of Trustees of the Columbus Museum of Art, is Co-Chair of Congregation Torat Emet/Main Street Synagogue, and is Chair of “Defining Moments,” a group dedicated to leadership development. She is also on the Board of Trustees of Nishmat – the Jerusalem Center For Advanced Torah Study for Women and has co-chaired the recently completed Columbus Community Mikvah Capital Campaign. She has previously served on the Boards of Trustees of Central Ohio State of Israel Bonds and Columbus Torah Academy; Chairperson of the Columbus Jewish Federation’s Women’s Division for their annual appeal; and the Board of Trustees of “I know I can.” Mrs. Schottenstein is deeply committed to issues relating to women’s health, education and increasing awareness of domestic violence. To that end, she created “Beit Ohr,” a community program designed to help meet the needs of victims of domestic violence within the Jewish community and serves as Honorary Chair of the National Council of Jewish Women’s “Women of Valor” program. Mrs. Schottenstein attended Indiana University and is a graduate of The Ohio State University with a Bachelor of Science in Accounting and a Master of Science in Psychology from the University of Phoenix.