Evolv Technology confirms leadership changes

The American security technology company, Evolv Technology, has fired President and CEO Peter George amid an internal investigation.

Evolv’s security products are used to detect weapons in arenas worldwide, protecting stadiums in football leagues such as the EPL and MLS, plus American sports such as the NBA, NFL, and MLB. The iconic MCG in Melbourne also employs Evolv’s security systems.

Evolv’s board had evaluated leadership at the company since May and terminated George’s contract without cause, effective immediately on October 30.

Evolv’s board outlined the need for change, meanwhile thanking Peter for his dedication to the company.

“We appreciate Peter’s years of dedication to our company and his significant contributions to the company’s mission. We wish him well in his future endeavors. That said, we have determined that a change in leadership is needed to improve the company’s culture as we prepare for the next phase of growth,” the board said via press release.

“We continue to believe that the fundamentals of our business remain strong. But we are also convinced that the company can do even better.”

Evolv has chosen co-founder and Chief Executive Officer Michael Ellenbogen as Interim President and CEO, as he imagined the long-term mission for the company.

“As a co-founder, I care deeply for this company and its customers, employees, and shareholders. I look forward to working closely with the board and our senior leadership team to advance our mission of creating a safer world while also driving the business forward,” he said via press release.

The Evolv board also reaffirmed the decision to terminate George’s contract was not in relation to the company’s recent inaccurate financial statements and declaration to delay future statements.

“The Board has been evaluating leadership and performance for several months – long before we became aware of any potential issues relating to the company’s sales practices and financial reporting. With respect to that ongoing investigation, the board remains committed to completing a thorough investigation as expeditiously as possible. Our goal is to ensure the company’s financial reports are always current and reliable and that our organizational culture reflects our values of integrity and honesty. That is the only way we can regain the trust and confidence of our investors.”

Evolv’s internal investigation is still ongoing, while the board aims to appoint a new CEO promptly.

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How James Johnson Is Shaping Canada Soccer’s Billion-Dollar World Cup Commercial Future

Canada Soccer has confirmed a renewed long-term commercial agreement with Canadian Soccer Media and Entertainment, marking a significant reset in the federation’s revenue strategy as the country prepares to co-host the 2026 FIFA World Cup.

The updated partnership extends CSME’s control of Canada Soccer’s commercial rights, including sponsorship, broadcast and media licensing, while introducing revised financial terms designed to provide the federation with greater long-term revenue certainty and growth potential. The agreement replaces a previous deal that faced heavy scrutiny from players and stakeholders over concerns surrounding commercial valuation and distribution of revenues.

CSME, led by Group Chief Executive James Johnson, played a central role in renegotiating the structure, which aims to better align commercial returns with the sport’s accelerating domestic and international profile. The revised framework is expected to support increased investment across national team programs, commercial development and broader football growth initiatives.

The agreement arrives at a pivotal moment for Canadian football, with momentum building across both men’s and women’s programs and global attention increasing ahead of 2026. Securing a more sustainable commercial model is viewed as critical to ensuring the federation can maximise opportunities generated by hosting football’s largest tournament.

The renewed partnership also signals a shift toward long-term commercial planning, providing Canada Soccer with a more stable financial platform as it looks to strengthen its competitive standing and expand participation nationwide.

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