General Enterprise Ventures, Inc. (GEVI) announced today the appointment of Wes Bolsen as its new Chief Executive Officer. Mr. Bolsen succeeds Ted Ralston, who will transition to the role of Chairman of the Board. Mr. Bolsen brings over two decades of experience in building and leading high-growth companies, particularly in emerging technologies and wildfire protection.
Mr. Bolsen co-founded and led LaderaTech, scaling it into a leading wildfire prevention and protection technology company before its acquisition by Perimeter Solutions. He subsequently joined Perimeter's leadership team during its growth and $2 billion public listing. His background includes a Bachelor of Science in Electrical Engineering and an MBA from Stanford University.
Ted Ralston, the new Chairman, stated that Mr. Bolsen's entrepreneurial vision, proven leadership, and deep knowledge of the wildfire industry make him the right person to position CitroTech by MFB as a new standard in wildfire prevention. Mr. Bolsen expressed his excitement to lead the team, build partnerships, and scale the business, emphasizing CitroTech's potential to transform fire prevention and its advantages over legacy retardants.
Steve Conboy, founder and CTO of MFB, highlighted Mr. Bolsen's executive leadership and industry knowledge as tremendous assets for accelerating CitroTech's adoption and advancing plans to uplist to a national stock exchange. Mr. Ralston will remain involved during the transition to support major strategic partnerships in the wood products and insurance sectors.
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