Leadership Transition

General Enterprise Ventures (GEVI) appointed Wes Bolsen as CEO, succeeding Ted Ralston, who becomes Chairman. Bolsen, with experience in scaling technology companies including LaderaTech and Perimeter Solutions, will focus on growth and innovation, particularly within the wildfire protection sector. Ralston will focus on strategic partnerships. The company highlights the potential of its CitroTech fire inhibitor, emphasizing its environmental safety and effectiveness in wildfire prevention, aiming to expand market reach and pursue a listing on a national stock exchange.

SonicStrategy Inc. announced Dustin Zinger as CEO, replacing Mitchell Demeter who becomes Executive Chair and CEO of Sonic Labs. This aims to strengthen validator operations and network growth. The company also commenced trading on the Frankfurt Stock Exchange and initiated a €100,000 marketing campaign to target European investors. The leadership shift and expanded market presence are designed to accelerate growth in the blockchain validation market.

NASA’s Marshall Space Flight Center Director, Joseph Pelfrey, has resigned amidst the agency’s intensified Artemis program. Pelfrey cited the need for leadership alignment to execute lunar return missions. NASA is initiating a public search for his replacement at the center, which manages a $5 billion budget and over 6,000 employees. The resignation, considered unexpected by insiders, has raised concerns about potential disruptions to Artemis hardware development, especially given recent budgetary pressures and workforce efficiency initiatives within NASA.

HUTCHMED (HCM) CEO Dr. Weiguo Su is taking a leave of absence for health reasons. CFO Johnny Cheng has been appointed Acting CEO, retaining his CFO responsibilities. The Board assures that ongoing research, development, and commercial activities will remain on track. Dr. Su expressed confidence in the team’s ability to execute the company’s strategy. Cheng acknowledged Dr. Su’s 20 years of leadership and contributions to HUTCHMED.

Henry Schein, Inc. announced that Stanley M. Bergman will retire as CEO at the end of 2025 after 35 years in the role, but will remain Chairman of the Board. A nationally recognized firm will search for a successor. Under Bergman’s leadership, Henry Schein transformed into a global healthcare solutions company, with revenue growing from $225 million in 1989 to $12.7 billion in 2024, representing an approximate compound annual growth rate of 17.5%. The company also delivered a non-GAAP EPS CAGR of 12.4% over the same period.

Apple COO Jeff Williams to retire later this year after 27 years. Instrumental in global operations, launching the Apple Watch, and leading the design team, he will stay in transition until year-end. Tim Cook praised Williams’ immense contributions. Sabih Khan, current head of global supply chain, will succeed Williams as COO, ensuring a seamless transition. Williams plans to dedicate more time to family. (98 words)

Aranjin Resources Ltd. has appointed Thomas Wood as CEO, effective immediately. Wood brings extensive experience in economic policy, business strategy, and investment from both public and private sectors, including roles in the Australian Senate and managing mining investments. Matthew Wood will shift to Executive Chair. The company anticipates Wood’s leadership will drive growth, particularly for its Victory Project.

Zhuhai Gree Group announced Zou Hui as its new Party Secretary and Chairman, succeeding Kang Hong. Zou Hui, born in 1982, previously held key roles in Zhuhai’s municipal government and SASAC, gaining familiarity with Gree Group’s operations. Kang Hong had led the conglomerate since February 2024. Gree Group is Zhuhai’s primary state-owned capital investment platform.