Wrap Technologies, Inc. announced effective April 13, 2023, TJ Kennedy resigned as a member of the board of directors of the company, pursuant to a separation agreement entered into by and between the company and Mr. Kennedy. Effective on April 13, 2023, the board of directors appointed Kevin Mullins, the company's current president, to the position of chief executive officer. Mr. Mullins began serving as the company's President on April 18, 2022.

Prior to being appointed as the company's president, Mr. Mullins served as the president and chief executive officer of Intrensic, LLC since 2015, which provides digital evidence and video management software solutions for law enforcement agencies. Mr. Mullins has also served on the board of directors of SaferMobility, LLC since 2013, a provider of a campus security solution that delivers personal safety through an easy-to-use smartphone application that connects directly to security or law enforcement teams. Mr. Mullins received a Bachelor of Arts in Business Administration from Virginia's College at Wise, Virginia, and a Masters in Business Administration from the University of Virginia in Charlottesville, Virginia. Effective April 17, 2023 (the Resignation Date), Glenn Hickman's employment with the company as Chief Operating Officer was terminated in connection with a broader reduction in headcount.