The incident provoked discussion and inquiries into the appropriateness of Taser use in law enforcement in Canada. Prior to Axon, Jenner lead the security efforts for Lifelock and the Arizona Department of Education. I think that Axon can be an enormous force for good in that respect the same way that Tesla is. The study found an 88% drop in complaints filed against officers and nearly a 60% reduction in officer use-of-force incidents. Following the transaction, Smith still owns 774,032 shares of Axon Enterprise worth $141,369,204. Axon View can be paired with an Axon body camera to review, tag, and stream videos from the camera. He is a dynamic, inspirational and visionary leader who challenges Axon and society to rethink deeply entrenched problems and to drive toward life-saving outcomes. Super Option Performance Targets Additionally, he was named 2021 General Counsel of the Year for medium-sized public companies by Arizonas Corporate Council Awards. The Motley Fool has a disclosure policy. TASER lost its second product liability suit. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov Axon Enterprise - Wikipedia Source: FactSet. [citation needed], The company also took significant action against competitors, having acquired the aforementioned Tasertron, and aggressively defending its patents. For its 2021 fiscal year, AXON ENTERPRISE, INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC. He graduated from the Pasadena Art Center College of Design with a BS in Industrial Design. Richard earned a bachelors and masters degree in Electrical and Systems Engineering and an Executive masters in business administration from Arizona State University. Shop TASER products designed for personal and home use. WebPatrick W. Smith Chief Executive Officer & Director: Axon Enterprise, Inc. Michael Garnreiter Chairman: Axon Enterprise, Inc., Amtech Systems, Inc., Knight-Swift He earned his Ph.D. from the Rutgers School of Criminal Justice. Axon (AXON 2.51%) CEO Patrick Smith shares some similarities to Tesla (TSLA -1.51%) founder Elon Musk, including his compensation package and business acumen, which have paid off for Smith and the company so far. Axon Enterprise, Inc. (NASDAQ:AXON Get Rating) CEO Patrick W. Smith sold 53,431 shares of the companys stock in a transaction on Thursday, March 30th. Patrick Smith and his board obviously believe Axon can reach $13.5 billion over the next decade. Axon Enterprise Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. He is responsible for managing customer and partner relationships for Axon. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. They sold at prices ranging from $180.26 to $206.87 to raise a total of $61,455,127 from the stock sale. [41] A free version is offered specifically for prosecutors to receive and manage incoming digital evidence.[41]. One of these cases is that on Feb. 15, 2006, one officer Officer accidentally discharged TASER device on his daughter. The Taser brand would still be used for the company's weapons products. [2], Its initial product and former namesake is the Taser, a line of electroshock weapons. Thanks for joining our call and thank you for your interest in Axon. Its initial [16] In 2009, after prosecutor Daniel Shue exonerated Fort Smith police officer Brandon Davis based on footage from an Axon Pro camera, both Davis and Shue began to provide testimonials for the product in its marketing. [42] The app can give an officer instant replay and on the spot evidence. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Patrick W Smith's largest purchase order was, The most recent transaction was a sale order of, Axon Enterprise, Inc's most recent insider trade came on April 4, 2023 by Investor | Axon Ir - Transforming Public Safety With Technology Thomas P. Smith, co-founder. Doug Klint, president and General Counsel. Axon Enterprise, Inc. is an American Scottsdale, Arizona -based company which develops technology and weapons products for military, law enforcement and civilians. Its initial product and former namesake is the Taser, a line of electroshock weapons. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Axon Enterprise P. E. SMITH, ESQ. - ATTORNEY AT LAW Brian Stoffel: When I think about this, here's what I think about. This evidence can be crucial for officers and prosecutors. Axon empowers legal teams to focus on what really matters - their cases. WebPatrick W. Smith - Axon Enterprise, Inc. - Co-Founder, CEO and Director Thank you, Andrea and good afternoon, everyone. We cant find the page you're looking for. Axon Enterprise's (AAXN) CEO Patrick Smith on Q1 WebAxon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. WebFounder of Axon Enterprise, Inc., Patrick W. Smith currently is Chief Executive Officer & Director at this company. in Government + Political Science from Harvard University. All proxy statements are public filings made available to the general public by the SEC. Vendor Cap increase to the Purchase Orders for AXON Enterprise (audio/visual recording system) in the amount of $31,229 WebPatrick Smith Axon Enterprise, Inc. (AXON) Scottsdale, AZ Total Compensation for Fiscal Year Ending in 2021: $33,115 In 2021, Patrick Smith made 0 times the average U.S. WebWinters Police Department, TASER Lesson Plan 1 Winters Police Department 702 Main Street Winters, CA 95694 (530)795-2261 TASER Training Lesson Plan I've always found this an interesting aspect of this company, and I'm curious to hear your thoughts on it, it's the founder CEO's compensation package. Summa Cum Laude in Computer Information Systems from American University and an M.S. Prior to Axon, Hans was the VP of ME/ID/NPI at Intel for six years where he oversaw wearable connected devices that included heads up display products for virtual reality, LTE connected devices, and wireless charging systems. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Coronavirus Tips Working and Protection. Municipal, county, and state law enforcement agencies. [45], Axon Citizen is a cloud-based software solution that allows non-law enforcement personnel to share and upload information, including photos and video, directly to a law enforcement agency. [11] In May 2001, they filed for an initial public offering and began trading on NASDAQ under the stock symbol TASR. Mr. Smith has served as Chief Executive Officer (CEO) and as a director of the Company since 1993. Andrea has been analyzing businesses for most of her career, first as an investigative business reporter for several news outlets and then as a vice president and senior research analyst at Dougherty & Co., a boutique investment bank. Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, Social Security Cuts May Be Coming. Officers can automatically map video evidence with real-time tagging of metadata. There are 10 executives at Axon Enterprise Inc getting paid more, with JoshuaIsner having the highest compensation of $22,389,900. She currently sits on the board of Girls In Tech Phx. Carey Alumni board member, an IRA Fulton School of Engineering board member and supports several non-profit organizations. After graduating from Harvard, cum laude, in just Last updated: 23 December 2020 at 5:15pm EST. Jenner has a B.A. The company was founded by Patrick W. Smith and Thomas P. Smith on September 7, 1993 and is headquartered in Scottsdale, AZ. Josh is a board member of the Phoenix Police Foundation and holds a B.S. The second generation of Axon body cameras were simpler in form and function than the Axon Pro, removing the bulky monitor in favor of pairing with mobile phones. Axons business includes the manufacture of electrical weapons and wearable cameras (such as those used by police forces). All of that is to say that he might stick around, he might not. Patrick Smith - CEO of AXON ENTERPRISE INC | AAXN [11], After nearly going bankrupt marketing other products such as an electroshock-based anti-theft system for automobiles known as "Auto Taser",[12] the company, later renamed TASER International, introduced its TASER M26 weapon in 1999. California State Bar Number 257400. The Software and Sensors segment includes devices, wearables, applications, cloud, and mobile products. Now there were a lot of rules put in place. Fundamental company data and analyst estimates provided by FactSet. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Patrick Smith - Biography - MarketScreener.com Patrick Smith Net Worth (2023) | wallmine in Journalism from Northwestern University (Kappa Tau Alpha). It operates through the TASER segment and Software and Sensors segment. TASER's CEO Rick Smith explained that the products were designed to "help provide revolutionary digital evidence collection, storage and retrieval for law enforcement". [58][59][60], In January 2016, TASER International was sued by Digital Ally for infringing its two U.S. patents on the automatic activation of law enforcement body cameras. Over the last 10 years, insiders at Axon Enterprise Inc have traded over $78,849,624 worth of Axon Enterprise Inc stock and bought 22,000 units worth $1,208,860 Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. The information shown here is a reporting of information included in the company's proxy statement. [64] Nine members of the ethics board resigned.[65]. Jim graduated from the University of Notre Dame with a B.B.A. Originally known as TASER International, Axons mission is to protect life which includes making bullets obsolete. Cost basis and return based on previous market day close. [53] - ATTORNEY AT LAW. These systems, like the body cameras, integrate with the Evidence.com service. [14][15], In 2008, the company unveiled its first body camera, the Axon Pro. Mayor Pro Tem Haughey Council Member Elrod [3], In May 2018, Axon acquired competitor VieVu for $4.6 million in cash and $2.5 million in common stock.[23]. [17], TASER opened an office in Seattle in 2013,[18] and an international office in Amsterdam, Netherlands in May 2014.