leadership
confidence high
sentiment neutral
materiality 0.55
Wrap Tech CFO departs, CEO takes dual finance roles; Juggernaut founder joins board
WRAP TECHNOLOGIES, INC.
- Jerry Ratigan mutually separated as CFO, PFO, PAO effective Oct 24, 2025; receives $50k severance.
- CEO Scot Cohen appointed as Principal Financial and Accounting Officer, effective immediately, no additional compensation.
- Board expanded to six; John Shulman (Juggernaut Capital, $1B+ AUM) appointed director, effective Oct 25, 2025.
- Shulman, a substantial investor in Wrap, brings 25+ yrs private equity experience; serves until next annual meeting.