WRAP Appoints Eric Bowen as Chief Operating Officer to Drive Execution and Scale Its Non-Lethal Response Business
Key Highlights
- ➤WRAP appoints Eric Bowen COO effective November 16, 2026
- ➤Jared Novick remains President, focusing on revenue growth and strategic partnerships
- ➤$12.0 million institutional financing completed in August
- ➤ATF classifies BolaWrap 150 as restraint and rescue instrument, not firearm or weapon
- ➤WRAP advances subscription training programs and recurring-revenue model
Expert Statements
Scot Cohen, Executive Chairman and Chief Executive Officer of WRAP
“In August we said we would move quickly on hires, partnerships and execution, and that our harder challenge would be delivery rather than demand”
Scot Cohen, Executive Chairman and Chief Executive Officer of WRAP
“Since then we have added a federal classification for BolaWrap 150, a new de-escalation doctrine now in the California POST certification process, John Capman, a national training leader, and a director who has already helped take a lifesaving intervention department-wide at the NYPD.”
Scot Cohen, Executive Chairman and Chief Executive Officer of WRAP
“We believe, Eric is the operator who will help turn those pieces into, what we believe will be, a repeatable system.”
Scot Cohen, Executive Chairman and Chief Executive Officer of WRAP
“He has done it in a company that sells to the same government customers we serve, at a scale ahead of where we are today, and that is exactly the experience we wanted in this seat.”
Jared Novick, President of WRAP
“Over the past two years, we’ve worked to transform WRAP, rebuild its operating foundation, and position the company for its next stage of growth”
Jared Novick, President of WRAP
“We believe that foundation now allows us to evolve from a company focused on operational transformation to one focused on scaling commercialization and creating long-term enterprise value.”
Jared Novick, President of WRAP
“We believe Eric’s appointment strengthens our executive leadership and brings dedicated operational accountability to the core business, while I concentrate on accelerating revenue growth, expanding strategic partnerships, and advancing new market opportunities, including WrapShield™.”
Jared Novick, President of WRAP
“We believe this is a natural progression for WRAP and reflects our ambition to build a potentially much larger, more scalable company.”
Eric Bowen, Incoming Chief Operating Officer of WRAP
“There are roughly 18,000 law enforcement agencies in the United States, and nearly all of them want the same things from a partner: a program that works, people who show up and a company that is still there at renewal”
Eric Bowen, Incoming Chief Operating Officer of WRAP
“I believe WRAP has built a capability agencies want.”
Eric Bowen, Incoming Chief Operating Officer of WRAP
“My job is to make delivering it repeatable, measurable and accountable, from the first pilot to a multi-year relationship.”
Eric Bowen, Incoming Chief Operating Officer of WRAP
“I have spent my career building that kind of operating engine for government customers, and I look forward to doing it here with Scot, Jared and the team.”
MIAMI, Nov. 10, 2026 (GLOBE NEWSWIRE) -- WRAP Technologies, Inc. (NASDAQ: WRAP) (“WRAP” or the “Company”), a global public safety technology company focused on non-lethal response and on intelligent detection, orchestration and response solutions for the next generation of human-centered public safety, today announced the appointment of Eric Bowen as Chief Operating Officer, effective November 16, 2026. Bowen brings more than a decade of experience building and running the operating engine of a technology company that sells mission capability to U.S. federal, state and local, and allied government customers.
Jared Novick, who has served as President and Chief Operating Officer, will continue as President, leading corporate strategy, revenue growth and commercialization, and the strategic partnerships behind our next stage, including WrapShield™. Bowen will report to Mr. Novick and take dedicated ownership of operational execution across WRAP’s core business.
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