Wrap Technologies, Inc. announced Chief Executive Officer Tom Smith will be stepping down as part of a mutually agreed upon separation. The Company's day-to-day operations will be led by an interim management team that includes L. W. Varner, Jr., who will serve as Principal Executive Office. From June 2020 through November 2021, Bill was the Chief Executive Officer of Select Interior Concepts.

Prior to that, he was Chief Executive Officer of United Subcontractors, Inc. (“USI”) from July 2012 to May 2018.