Ava Risk Group appoints new CEO

• Ava Risk Group appointed Bryant Henson as CEO, effective Aug. 24.
• The company's shares traded slightly lower on the market following the executive transition announcement.
• The board stated this appointment focuses on accelerating commercial sales growth within the United States.

Ava Risk Group (ASX:AVA) has appointed Bryant Henson as CEO, effective Aug. 24.

Henson previously served at Otis Worldwide Corporation (NYSE:OTIS), managing corporate growth strategies across 200 countries.

Prior to this role, he spent 16 years holding senior leadership positions at Lockheed Martin (NYSE:LMT).

The board stated the leadership change is designed to scale its critical infrastructure security business.

Following the announcement, the Ava Risk Group share price was down at $0.039.

Over recent years, the business invested capital to strengthen its existing security technology platforms.

Management stated the firm is now entering a phase focused strictly on expanding market share.