Evolv Technologies Names Chris Kutsor Chief Financial Officer

Dow Jones
04-23
 

By Colin Kellaher

 

Evolv Technologies Holdings has hired Chris Kutsor as the security-technology company's new chief financial officer.

Evolv on Wednesday said the appointment of Kutsor, who most recently served as finance chief of software engineering digital consultancy Kin + Carta, will be effective one business day after the Waltham, Mass., company files its 2024 annual report with the Securities and Exchange Commission.

Evolv last year underwent a series of executive changes, including the firing of its former chief executive, Peter George, and the resignation of former finance chief Mark Donohue, after an internal investigation uncovered past accounting discrepancies.

Dave Rawden, a financial expert with business advisory firm AlixPartners, has been serving as Evolv's interim chief financial officer since November.

Evolv said Kutsor, 51 years old, will receive an annual base salary of $425,000 and an annual bonus with a target of 75% of his base pay.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

April 23, 2025 08:30 ET (12:30 GMT)

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