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Byrna Technologies Promotes Matthew Campagni to Chief Strategy Officer

(Moderate)
(Very Positive)
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Byrna Technologies (Nasdaq: BYRN) promoted Matthew Campagni to Chief Strategy Officer effective April 15, 2026.

Campagni brings 25+ years of executive leadership across public safety, technology, operations and finance, joined Byrna in 2024 as VP of Corporate Development, and will lead strategic planning and cross-functional execution as the company scales.

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Positive

  • Promotion of Matthew Campagni to Chief Strategy Officer
  • 25+ years of executive leadership experience
  • Internal hire—Campagni joined Byrna in 2024 as VP of Corporate Development

Negative

  • Campagni has been with Byrna for ~2 years, a relatively short internal tenure

News Market Reaction – BYRN

+11.69%
16 alerts
+11.69% Session close to close
+11.4% Peak in 23 hr 57 min
$158.91M Market Cap
1.2x Rel. Volume

In the Apr 15 session, BYRN gained 11.69%, reflecting a significant positive market reaction. Argus tracked a peak move of +11.4% during that session. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with t...
Analysis

The stock surged +11.7% in the session following this news. A strong positive reaction aligns with the company’s emphasis on strategic leadership refreshes in 2026. Recent history shows multiple executive promotions and governance updates following Q1 results, positioning this role as another piece in the execution puzzle. Investors would need to weigh how much a single leadership change can influence operating results versus past episodes where optimism after management shifts coexisted with earnings and execution risk.

Key Figures

Executive experience: 25+ years Tenure at Byrna: 2 years Prior tenure: More than two decades
3 metrics
Executive experience 25+ years Executive leadership across strategy, operations, finance, program management
Tenure at Byrna 2 years Time since joining Byrna in 2024 before promotion
Prior tenure More than two decades Time spent at Information Methods Incorporated in public safety technology

Historical Context

5 past events · Latest: Apr 09 (Negative)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 09 Q1 2026 earnings Negative -31.0% Revenue up but profit, cash, and outlook softness drove sharp selloff.
Mar 23 Earnings date set Neutral +2.0% Scheduled Q1 2026 results call announcement with modest positive move.
Mar 19 President promotion Positive -4.3% Promotion of Luan Pham to President tied to strong historical growth.
Mar 17 Conference attendance Neutral +0.0% ROTH Conference participation announcement with flat price reaction.
Mar 16 R&D leadership hire Positive +0.4% Appointment of VP New Product Development supporting innovation strategy.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent leadership and corporate updates have mostly seen price moves generally aligned with news tone, aside from one positive promotion that coincided with a selloff.

Recent Company History

Over the past month, Byrna has combined earnings volatility with significant leadership changes. Fiscal Q1 2026 results on Apr 9 showed higher revenue but lower profit and cash, triggering a -31.03% reaction. The company has since promoted executives including a new President and a VP of New Product Development, with mixed but generally modest price responses (from -4.28% to +0.41%). Conference participation and an earnings-date announcement had neutral to slightly positive impact, framing today’s strategy-focused promotion within an ongoing management-refresh and execution narrative.

Key Terms

hardware-as-a-service, software-as-a-service, project management professional (pmp), risk management professional (rmp), +1 more
5 terms
hardware-as-a-service financial
"transition toward recurring-revenue Hardware-as-a-Service and Software-as-a-Service"
A subscription model where customers pay a recurring fee to use physical equipment rather than buying it outright, with the provider usually handling maintenance, upgrades and support. For investors it matters because it converts one-time sales into steady, predictable revenue and closer customer relationships, but also requires ongoing capital outlay and service costs that affect margins and cash flow differently than traditional product sales.
software-as-a-service financial
"transition toward recurring-revenue Hardware-as-a-Service and Software-as-a-Service"
Software-as-a-service is software that users access online through a web browser or app while the provider hosts and maintains the program and data, typically for a recurring fee. Investors care because it creates steady, predictable revenue and often high customer retention — like renting a utility rather than buying a machine — which helps forecast cash flow and values a company more consistently over time.
project management professional (pmp) technical
"He is also a certified Project Management Professional (PMP)"
A Project Management Professional (PMP) is a widely recognized certification for people who plan, organize and lead business projects. For investors, a PMP indicates that managers are trained to keep projects on schedule, on budget and aligned with goals—similar to hiring an experienced conductor to keep a complex orchestra playing together—reducing execution risk and improving the odds of delivering expected returns.
risk management professional (rmp) technical
"certified Project Management Professional (PMP), Risk Management Professional (RMP)"
A risk management professional (RMP) is a trained specialist who identifies, evaluates and helps reduce threats to a business’s finances, operations and reputation—like a navigator who spots hazards and plots safer routes. Investors care because an effective RMP can lower the chance of costly surprises, protect cash flow and improve the reliability of a company’s future returns, making investments less risky and more predictable.
six sigma black belt technical
"Risk Management Professional (RMP), and Six Sigma Black Belt."
A six sigma black belt is a professional trained to identify and eliminate errors or inefficiencies in processes to improve quality and performance. Think of it like a quality coach who uses data and systematic methods to make workflows smoother and more reliable. For investors, this expertise can lead to more consistent results and better management of risks in organizations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Industry Veteran Brings 25+ Years of Executive Leadership Across Public Safety, Technology, and Operations

ANDOVER, Mass., April 15, 2026 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced the promotion of Matthew Campagni to Chief Strategy Officer. In this role, Campagni will lead the Company’s strategic planning initiatives and support cross-functional execution as Byrna continues to scale and position the Company for its next phase of growth.

Campagni brings more than 25 years of executive leadership experience across strategy, operations, finance, and program management in public safety, technology, investment, and manufacturing organizations. Since joining Byrna in 2024 as Vice President of Corporate Development, he has worked closely with the leadership team on key initiatives across the business, playing a pivotal role in the Company’s continued progress and evolution.

“Matt is exactly the kind of seasoned, strategic leader we need as Byrna continues to scale,” said Byrna CEO Conn Davis. “He brings an impressive track record of driving operational transformation and strategic execution growth in the public safety and technology sectors. As we continue to scale the business, expand our reach and sharpen execution across the organization, Matt will be an important part of that effort.”

Prior to joining Byrna, Campagni served as Senior Vice President of Operations at WRAP Technologies, Inc. (Nasdaq: WRAP), where he strengthened supply chain and manufacturing operations, led key product acquisitions and integrations, and directed the company’s strategic transition toward recurring-revenue Hardware-as-a-Service and Software-as-a-Service business models. Earlier in his career, he served as Chief Financial Officer and Vice President of Operations for a family office and spent more than two decades at Information Methods Incorporated, a technology consulting and system integration firm focused on public safety, where he ultimately served as both Chief Financial Officer and Chief Operating Officer.

“Over the past two years, I have seen firsthand what makes Byrna such a compelling company, and I am honored to take on a larger role to help drive execution and a more strategic approach as we build for more consistent, long-term growth,” said Campagni. “We have a strong foundation, and I look forward to working with the team to help translate our differentiated less-lethal platform into value for our customers and shareholders.”

Campagni holds a B.S. in Finance from Tennessee Tech and an M.S. in Project Management from The George Washington University. He is also a certified Project Management Professional (PMP), Risk Management Professional (RMP), and Six Sigma Black Belt.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "anticipates," and "believes" and statements that certain actions, events, or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements in this news release include, but are not limited to, statements regarding Mr. Campagni's anticipated role, responsibilities, and contributions as Chief Strategy Officer, the Company's ability to execute on its strategic planning initiatives, the Company's expectations regarding its next phase of growth, and the Company's ability to scale operations and deliver long-term value to its customers and shareholders. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied. Any number of risk factors could cause our actual results to differ materially from those expressed or implied by the forward-looking statements in this news release. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A ("Risk Factors") in the Company's most recent Form 10-K and Part II, Item 1A ("Risk Factors") in the Company's most recent Form 10-Q, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing or the risks identified in the Company's SEC filings to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.

About Byrna Technologies Inc.
Byrna is a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® CL, Byrna® LE and Byrna® SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

Investor Contact:
Tom Colton and Alec Wilson
Gateway Group, Inc.
949-574-3860
BYRN@gateway-grp.com


FAQ

Who is Matthew Campagni and what is his new role at Byrna (BYRN)?

Campagni was promoted to Chief Strategy Officer at Byrna on April 15, 2026. According to Byrna, he will lead strategic planning and cross-functional execution as the company scales, building on his 25-plus years of leadership in public safety and technology.

What experience does Matthew Campagni bring to Byrna (BYRN)?

He brings more than 25 years of executive experience in strategy, operations, finance, and program management. According to Byrna, his background includes senior roles at WRAP Technologies and long-tenure leadership at a public safety-focused systems integrator.

How long has Matthew Campagni worked at Byrna (BYRN) before this promotion?

Campagni joined Byrna in 2024 as Vice President of Corporate Development and was promoted in April 2026. According to Byrna, his internal experience includes working closely with leadership on key initiatives and strategic execution.

What will Matthew Campagni’s responsibilities be as Byrna’s (BYRN) Chief Strategy Officer?

He will lead the company’s strategic planning initiatives and support cross-functional execution. According to Byrna, his role focuses on scaling the business, sharpening organizational execution, and translating the less-lethal platform into customer and shareholder value.

Does Matthew Campagni have experience in product transitions relevant to Byrna (BYRN)?

Yes. He led product acquisitions and strategic transitions toward recurring-revenue models at WRAP Technologies. According to Byrna, that experience includes strengthening supply chain, manufacturing operations, and integrating product and service models.

What qualifications and certifications does Matthew Campagni hold relevant to his role at Byrna (BYRN)?

Campagni holds a B.S. in Finance and an M.S. in Project Management, plus PMP, RMP, and Six Sigma Black Belt certifications. According to Byrna, these credentials support his expertise in project, risk, and operational management for strategic execution.