Evolv Technologies terminates CEO Peter George; names co-founder Michael Ellenbogen as interim CEO

Evolv Technologies Holdings, Inc.

Peter George terminated without cause effective Oct 30, 2024; eligible for severance under existing plan.
Michael Ellenbogen, co-founder and Chief Innovation Officer, appointed Interim President and CEO.
Board formed succession planning committee in May 2024; actively recruiting new CEO via search firm.
Board cites need to improve culture; ongoing investigation into sales practices and financial reporting.
Company expects to announce new CEO expeditiously; no timeline for investigation completion.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Peter George

President and Chief Executive Officer

EVLV · Evolv Technologies Holdings, Inc.

Effective: 2024-10-30
Successor: Michael Ellenbogen
Filed: October 31, 2024, 7:59 PM ET

terminated Peter George, President and Chief Executive Officer of the Company without cause, effective immediately.

Appointed (interim)

Michael Ellenbogen

Interim President and Chief Executive Officer

EVLV · Evolv Technologies Holdings, Inc.

Effective: 2024-10-30
Filed: October 31, 2024, 7:59 PM ET

appointed Michael Ellenbogen, the Company’s Chief Innovation Officer and a member of the Board, as Interim President and Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter George was terminated as President and Chief Executive Officer at Evolv Technologies Holdings, Inc..

Action: terminated
Role: President and Chief Executive Officer

Exact text from the filing

terminated Peter George, President and Chief Executive Officer of the Company without cause, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Ellenbogen was appointed as Interim President and Chief Executive Officer at Evolv Technologies Holdings, Inc..

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

appointed Michael Ellenbogen, the Company’s Chief Innovation Officer and a member of the Board, as Interim President and Chief Executive Officer

View on SEC.gov

Evolv Technologies Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-112868

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