SilencerCo, a West Valley City-based designer and manufacturer of firearm suppressors, known as silencers, has announced a change in company leadership. Founders Joshua Waldron and Jonathon Shults are stepping down — Waldron as CEO and Shults as president. The company’s board has launched a search for a new CEO.
Shults will continue in his role directing day-to day operation of the company as chief operating officer while Waldron will become senior advocacy advisor, focusing on firearm legislation advocacy. Waldron will continue to be heavily involved in development and product innovation. Waldron and Shults are the company’s two largest equity holders.
Co-founded in a garage in 2008 by Waldron and Shults, SilencerCo has grown to be an industry leader, controlling the majority of sales of firearm suppressors and related accessories, Waldron said.
“After years of grit and hard work, SilencerCo is poised to succeed. It is now time for me to turn my focus to advocacy for the company and its industry,” said Waldron. “Resigning from my current duties as CEO will allow for more time spent in the legislative arena, furthering the scope and influence of SilencerCo products in the future.”
“SilencerCo is responsible for suppressor industry innovation,” said Shults. “As chief operating officer, I look forward to working with our team to ensure that we stay at the forefront of firearm suppressor design and technology.”