Evolv Technology Names Mark Donohue New CFO
Donohue will assume global responsibility for Evolv’s accounting, finance, treasury, risk compliance, information technology, supply chain, manufacturing and investor relations functions.
WALTHAM, Mass. — Evolv Technology (NASDAQ: EVLV), a provider of weapons detection security screening, announces the appointment of Mark Donohue to the position of chief financial officer, effective June 1, 2022.
Donohue will succeed Mario Ramos, who has accepted a role as CEO at a privately held financial services company. Evolv says Ramos will continue in his current role until May 31, 2022 to ensure a smooth transition.
Donohue will assume global responsibility for the company’s accounting, finance, treasury, risk compliance, information technology, supply chain, manufacturing and investor relations functions.
He joins Evolv from Vestmark, a leading financial technology provider of SaaS-based portfolio management and trading tools, where he has served as CFO since 2018.
“We’re excited to welcome Mark to the executive management team,” says Peter George, president and CEO of Evolv Technology. “Mark’s career has been shaped over 25 years of executive leadership at category leading technology companies across the SaaS, cybersecurity and networking markets. We believe his experience and leadership will be particularly important as we prepare for the next stage of our growth.”
Prior to joining Vestmark, Donohue served in several senior roles on the finance team of Rapid7, a leading provider of security analytics and automation, including vice president of finance. Before that, he spent seven years at Cisco, where he served as senior director, strategy, finance and business operations for the Mobility Business Group.
“I’m thrilled to be joining Evolv Technology, a leader in weapons detection security screening,” says Donohue. “Evolv provides industry-leading technology that is helping to solve the very important challenge of keeping the visiting public safe. I look forward to joining the team as we work to extend Evolv’s leadership position in one of the fastest growing markets across the technology industry.”
Earlier in his career, Donohue held various roles at IDC, Ferris Baker Watts, Teradyne and Quantum Corp. He earned an MBA and MSF from Boston College and a Bachelor’s Degree from The University of New Hampshire.
“On behalf of the Board of Directors and the entire leadership team, I would like to thank Mario for the valuable contributions he has made since joining the team,” adds George. “During Mario’s tenure we made important progress in the areas of people, systems, controls and technology which positions us well in our growth plans as a public company. We wish Mario well in his next chapter.”
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