VTSI - VirTra Appoints CEO John Givens as Chairman | Benzinga
CHANDLER, Ariz., July 09, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (NASDAQ:VTSI) ("VirTra" or the "Company"), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, today announced that Bob Ferris will step down from his position as Executive Chairman and will depart as a director. The Board is pleased to appoint CEO John Givens as the new Chairman of the Board. Both changes are effective July 12, 2024. Bob Ferris will continue to support VirTra as a member of its Advisory Board.
Additionally, the Company is actively identifying new independent directors to further strengthen the Board and support VirTra's continued success.
"We are deeply grateful to Bob for his visionary leadership and the foundational role he played in establishing VirTra as a leader in virtual training," said Givens. "Bob is widely acknowledged as a pioneer in the simulation industry, with his innovative approach dating back to the 1990s. His technological expertise has resulted in highly effective, differentiated training systems that elevate law enforcement and military training worldwide, earning him a revered spot in The National Center for Simulation Hall of Fame. Under his guidance, VirTra developed groundbreaking technologies such as the world's first 5-screen, 300-degree training simulator, Threat-Fire® return fire, patented recoil kits, V-Author®, V3™ volumetric capture studio, and a host of other ‘world's firsts'. These innovations have made VirTra a leader in training solutions, supporting agencies across more than 40 countries. We look forward to building on Bob's legacy and his continued support on VirTra's Advisory Board."
Ferris commented, "Building VirTra from the ground up has been a deeply humbling journey. The success of VirTra is owed ...