Evolv Technologies Appoints Chris Kutsor as CFO

By Bobby Samwell • Wednesday, April 23 15:21 • Permanent Link

Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) has appointed Chris Kutsor as its Chief Financial Officer, effective one business day following the filing of the company’s annual report on Form 10-K for the fiscal year ended December 31, 2024.

Kutsor, 51, brings extensive financial and executive leadership experience to Evolv's executive team. He previously served as the Chief Financial Officer and Chief Operating Officer of Kin + Carta plc, a software engineering digital consultancy with 1,800 employees in seven countries. During his tenure, Kutsor helped lead the transformation of twelve independent consultancies into an integrated global technology consulting enterprise. His efforts resulted in a 3-year total shareholder return (TSR) of 86%, ranking 17th out of 562 companies in the FTSE All-Share Index from 2019-2022.

Before his time at Kin + Carta, Kutsor spent nearly 25 years at Motorola Solutions (NYSE: MSI) in various senior finance roles. His accomplishments at Motorola Solutions included leading investor relations, managing a $2 billion global business unit, and supporting strategic sales teams.

In terms of Evolv's financial performance, the company has digitally transformed security gateways in various venues and public spaces using AI-powered screening and analytics. The press release notes that Evolv’s advanced weapons detection systems have scanned more than two billion people since 2019. Additionally, the company has been recognized for its technology by the U.S. Department of Homeland Security (DHS), the Transportation Security Administration (TSA), and the Security Industry Association (SIA), among others.

The press release also highlights Evolv's achievements in receiving accolades such as the Security Industry Association (SIA) 2024 New Products and Solutions (NPS) Award and recognition as one of the "Best Places to Work" by Built In Boston.

Evolv Technologies Holdings, Inc. is focused on transforming human security using AI-powered screening and analytics to create safer experiences for venues, companies, schools, hospitals, and public spaces. Their mission is to create a safer world to live, work, learn, and play. Today the company's shares have moved 2.2% to a price of $3.26. Check out the company's full 8-K submission here.

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