Summary
Axon Enterprise, Inc. (AXON) announced a leadership change in its finance department via an 8-K filing on May 4, 2022. The company's Chief Financial Officer (CFO), Jawad A. Ahsan, has resigned, effective immediately, to pursue other opportunities. The company has commenced a search for a permanent CFO and Mr. Ahsan will assist in the transition process. In light of this departure, Axon has appointed Jim Zito as the interim CFO. Mr. Zito, who has been with Axon since 2017 and currently holds the position of Senior Vice President of Accounting and corporate controller, brings extensive experience from his previous roles at GE Healthcare and PricewaterhouseCoopers LLP. The filing also notes that Axon has raised its 2022 revenue outlook and reaffirmed its long-term revenue growth targets, details of which are provided in an accompanying press release.
Key Highlights
- 1Departure of CFO Jawad A. Ahsan, effective immediately.
- 2Appointment of Jim Zito as interim CFO.
- 3Jim Zito has been with Axon since 2017 and currently serves as SVP of Accounting and corporate controller.
- 4Zito has a strong background in accounting and finance, including experience at GE Healthcare and PwC.
- 5Axon has raised its 2022 revenue outlook.
- 6Axon has affirmed its long-term revenue growth targets.