Safety Shot, Inc. appoints Markita L. Russell as Chief Financial Officer, succeeding Danielle De Rosa following her resignation.
Quiver AI Summary
Safety Shot, Inc. has appointed Markita L. Russell as its new Chief Financial Officer, following her role as the Company's Controller since August 2021. With over 30 years of experience in finance and accounting, Russell brings a wealth of expertise from various industries, including a notable track record in the beverage sector, where she helped a marine company grow its revenue significantly. Safety Shot's CEO, Jarrett Boon, praised her financial skills and commitment, expressing confidence in her ability to support the company’s expansion and strategic initiatives. Russell expressed enthusiasm for her new role, highlighting the potential for growth at Safety Shot as the company continues to develop its innovative wellness products, particularly Sure Shot, designed to lower blood alcohol content. She replaces Danielle De Rosa, who resigned as CFO on July 25, 2025.
Potential Positives
- Markita L. Russell, with over 30 years of financial experience and a proven track record of managing significant growth, has been appointed as Chief Financial Officer, which suggests strong leadership in financial strategy moving forward.
- Her previous role as Controller within the company since August 2021 indicates continuity and a deep understanding of Safety Shot's financial situation, which can aid in effective decision-making.
- Ms. Russell's experience in scaling revenue dramatically from $7 million to over $56 million in a past role signals her capability to drive growth and enhance the company's financial performance.
- The appointment of a strong internal candidate like Ms. Russell may bolster investor confidence and promote stability during a time of strategic expansion for Safety Shot.
Potential Negatives
- The resignation of the previous CFO, Danielle De Rosa, just days prior to the announcement may indicate instability or internal issues within the company's leadership.
- Despite appointing a new CFO with valuable experience, the company has not provided specific details on the reasoning behind the leadership change, which could raise concerns among investors regarding transparency.
- Forward-looking statements include inherent risks and uncertainties which may suggest potential challenges ahead for the company's strategic initiatives, potentially dampening investor confidence.
FAQ
Who is the new CFO of Safety Shot, Inc.?
Markita L. Russell has been appointed as the new Chief Financial Officer of Safety Shot, Inc.
What experience does Markita Russell bring to her role?
Ms. Russell has over 30 years of experience in financial and accounting sectors, with significant expertise in managing growth.
What was Markita Russell's position before becoming CFO?
Before her promotion, Markita Russell served as the Company's Controller since August 2021.
What notable achievements does Markita Russell have in her career?
She significantly helped a marine company grow from $7 million to $56.8 million in gross revenue between 2012 and 2020.
Where can customers purchase Safety Shot's products?
Sure Shot products are available online at www.sureshot.com, Walmart, and Amazon.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHOT Hedge Fund Activity
We have seen 22 institutional investors add shares of $SHOT stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 229,110 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $83,418
- XTX TOPCO LTD added 161,919 shares (+inf%) to their portfolio in Q1 2025, for an estimated $58,954
- C2P CAPITAL ADVISORY GROUP, LLC D.B.A. PROSPERITY CAPITAL ADVISORS removed 102,712 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,397
- JANE STREET GROUP, LLC removed 102,267 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,235
- CREATIVE PLANNING added 65,010 shares (+inf%) to their portfolio in Q1 2025, for an estimated $23,670
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC added 62,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $20,585
- TYCHE WEALTH PARTNERS LLC added 50,000 shares (+142.9%) to their portfolio in Q2 2025, for an estimated $16,495
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SCOTTSDALE, AZ, July 31, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) (“Safety Shot” or the “Company”) today announced the appointment of Markita L. Russell as its new Chief Financial Officer.
Ms. Russell, who has served as the Company's Controller since August of 2021, has over 30 years of extensive experience in the financial and accounting sectors, with a proven track record of managing significant growth and providing strategic financial oversight across multiple industries. Her career began in the beverage industry at Pepsi Co, providing her with a foundational understanding of the sector.
Throughout her distinguished career, Ms. Russell has served the financial and accounting needs of a diverse range of businesses, including law firms, technology consultants, and real estate companies. Most notably, she was instrumental in the account management of a company in the marine industry, overseeing its growth from $7 million in gross revenue in 2012 to $56.8 million by the end of 2020.
“We are delighted to announce Markita’s promotion to Chief Financial Officer,” said Jarrett Boon, CEO of Safety Shot. “Having worked closely with her since she joined as our Controller in 2021, I have been consistently impressed by her financial acumen and dedication. Her specific experience in the beverage industry and her demonstrated ability to manage rapid growth, such as scaling a company’s revenue from $7 million to over $56 million, will be invaluable as we continue to expand our operations and integrate our new strategic initiatives. Her leadership is crucial in building a strong and secure financial foundation for our future.”
“I am thrilled to take on the role of CFO at such an exciting and pivotal time for Safety Shot,” said Markita Russell. “The Company’s innovative products and its bold new strategic direction present a compelling opportunity for growth. I look forward to applying my 30 years of experience to help fortify the Company’s financial operations and to work with the team to build a secure foundation that drives long-term shareholder value with skillful hands and a heart of integrity.”
Ms. Russell holds a Bachelor of Science in Accounting. Ms. Russell replaces Danielle De Rosa as the Company’s CFO. Ms. De Rosa resigned from her position as CFO on July 25, 2025.
About Safety Shot, Inc. Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at www.sureshot.com , www.walmart.com and Amazon. Safety Shot, Inc. is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025.
Investor Relations: Phone: 561-244-7100 Email: [email protected]
Forward-Looking Statements: This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the expected completion of the acquisition. These forward-looking statements are based on the current expectations of the management of Safety Shot and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Safety Shot, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.