Paul Kasowski, Who Has Served as Chief Compliance and Transformation Officer, Named New Chief Financial Officer
The Board of Directors Has Retained Independent Advisors to Support an Investigation Into Financial Reporting for Fiscal Years 2020-2023
SCOTTSDALE, Ariz., Sept. 24, 2024 (GLOBE NEWSWIRE) -- AMMO, Inc. (NASDAQ:POWW, POWWP))))) ("AMMO" or the "Company"), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that Paul Kasowski, who has served as the Company's Chief Compliance and Transformation Officer, has been appointed by AMMO's Board of Directors (the "Board") as the Company's new Chief Financial Officer, effective immediately. Mr. Kasowski succeeds Rob Wiley, who resigned on September 19, 2024 at the request of the Board.
After due consideration, the Company's Board determined that Mr. Kasowski possesses the requisite experience and qualifications to serve as CFO. Mr. Kasowski most recently served as Chief Compliance and Transformation Officer since January 2024.