Silo Wellness Appoints Defense Finance Veteran Richard Craven as CEO to Guide Strategic Transition to Born Defense
Silo Wellness (CSE: SILO) has appointed Richard Craven as its new CEO and Board member, marking a strategic shift as the company transitions to Born Defense Inc. Craven, currently Director of Global Strategy at RemTech, brings extensive experience in defense finance and regulatory compliance. His background includes managing a UK retail investment platform with 拢11.2 billion in assets and overseeing North American defense operations.
The appointment aligns with Silo's June 2025 announcement to transform into Born Defense Inc., an investment issuer focused on defense and national security sectors. The business transformation, guided by the Just War Doctrine, is expected to complete later in 2025, pending regulatory and shareholder approval.
Silo Wellness (CSE: SILO) ha nominato Richard Craven come nuovo CEO e membro del Consiglio di Amministrazione, segnando un cambiamento strategico mentre l'azienda si trasforma in Born Defense Inc. Craven, attualmente Direttore della Strategia Globale presso RemTech, porta con s茅 una vasta esperienza nel settore finanziario della difesa e nella conformit脿 normativa. Il suo background include la gestione di una piattaforma di investimento retail nel Regno Unito con 11,2 miliardi di sterline in asset e la supervisione delle operazioni di difesa in Nord America.
La nomina 猫 in linea con l'annuncio di Silo del giugno 2025 di trasformarsi in Born Defense Inc., un emittente di investimenti focalizzato sui settori della difesa e della sicurezza nazionale. La trasformazione aziendale, guidata dalla Dottrina della Guerra Giusta, dovrebbe completarsi entro la fine del 2025, soggetta all'approvazione regolatoria e degli azionisti.
Silo Wellness (CSE: SILO) ha nombrado a Richard Craven como su nuevo CEO y miembro del Consejo, marcando un cambio estrat茅gico mientras la compa帽铆a se transforma en Born Defense Inc. Craven, actualmente Director de Estrategia Global en RemTech, aporta una amplia experiencia en finanzas de defensa y cumplimiento normativo. Su trayectoria incluye la gesti贸n de una plataforma de inversi贸n minorista en el Reino Unido con 11.2 mil millones de libras en activos y la supervisi贸n de operaciones de defensa en Am茅rica del Norte.
El nombramiento se alinea con el anuncio de Silo en junio de 2025 para transformarse en Born Defense Inc., un emisor de inversiones enfocado en los sectores de defensa y seguridad nacional. La transformaci贸n empresarial, guiada por la Doctrina de la Guerra Justa, se espera que se complete a finales de 2025, sujeto a la aprobaci贸n regulatoria y de los accionistas.
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Silo Wellness (CSE : SILO) a nomm茅 Richard Craven nouveau PDG et membre du conseil d'administration, marquant un tournant strat茅gique alors que la soci茅t茅 se transforme en Born Defense Inc. Craven, actuellement directeur de la strat茅gie mondiale chez RemTech, apporte une vaste exp茅rience dans la finance de la d茅fense et la conformit茅 r茅glementaire. Son parcours inclut la gestion d'une plateforme d'investissement de d茅tail au Royaume-Uni avec 11,2 milliards de livres d'actifs et la supervision des op茅rations de d茅fense en Am茅rique du Nord.
Cette nomination s'inscrit dans la continuit茅 de l'annonce de Silo en juin 2025 de sa transformation en Born Defense Inc., un 茅metteur d'investissements ax茅 sur les secteurs de la d茅fense et de la s茅curit茅 nationale. La transformation de l'entreprise, guid茅e par la Doctrine de la Guerre Juste, devrait 锚tre achev茅e d'ici la fin de 2025, sous r茅serve de l'approbation r茅glementaire et des actionnaires.
Silo Wellness (CSE: SILO) hat Richard Craven als neuen CEO und Vorstandsmitglied ernannt, was einen strategischen Wandel markiert, w盲hrend das Unternehmen zu Born Defense Inc 眉bergeht. Craven, derzeit Direktor f眉r globale Strategie bei RemTech, bringt umfassende Erfahrung in Verteidigungsfinanzierung und regulatorischer Compliance mit. Sein Hintergrund umfasst die Verwaltung einer britischen Einzelhandels-Investmentplattform mit 11,2 Milliarden Pfund an Verm枚genswerten sowie die 脺berwachung der nordamerikanischen Verteidigungsoperationen.
Die Ernennung steht im Einklang mit Silos Ank眉ndigung im Juni 2025, sich in Born Defense Inc. zu verwandeln, einen Investment-Emittenten mit Fokus auf die Verteidigungs- und nationale Sicherheitssektoren. Die Gesch盲ftstransformation, geleitet von der Lehre des gerechten Krieges, soll Ende 2025 abgeschlossen sein, vorbehaltlich regulatorischer und aktion盲rlicher Zustimmung.
- Appointment of experienced defense finance executive Richard Craven as CEO
- Strategic pivot from wellness to defense sector, expanding market opportunities
- New CEO brings proven track record managing 拢11.2B in assets
- Strong regulatory expertise in ITAR, CFIUS, and transnational investments
- Business transformation requires regulatory and shareholder approval
- Complete shift in business model carries execution risks
- Transition period could create operational uncertainties
Eugene, Oregon and Toronto, Ontario--(Newsfile Corp. - August 8, 2025) - Silo Wellness Inc. (CSE: SILO) ("Silo," or the "Company") is pleased to announce the appointment of Richard Craven as Chief Executive Officer and to its Board of Directors, effective immediately. Mr. Craven will play a key strategic role in stewarding the company’s transition into Born Defense Inc., an investment issuer focused on the defense and national security space guided by the Just War Doctrine and committed to ending the “forever wars.”
Mr. Craven brings decades of international experience in high-level financial structuring, regulatory navigation, and defense-related enterprise development. He currently serves as Director of Global Strategy at RemTech, a UK-based innovator specializing in secure communications infrastructure for government, military, and commercial markets. His leadership there includes guiding the deployment of advanced secure communications systems.
Prior to his work at RemTech, Mr. Craven also founded and led one of the UK’s largest retail investment distribution platforms, managing over £11.2 billion in assets with annual inflows exceeding £4 billion. He also held CEO responsibilities overseeing the North American operations of a defense-related company acting on behalf of a foreign Ministry of Defense. In that role, he executed major U.S. defense system procurement and co-development agreements with top-tier OEMs.
As an executive well-versed in ITAR, CFIUS, and complex transnational investment frameworks, Mr. Craven offers a unique and critical perspective on Born Defense’s global regulatory posture.
Mike Arnold, president and founder of Born Defense, commented:
"Born's mission requires not just vision, but dealmakers who've operated inside complex defense transactions. Richard's global credibility and executional discipline make him indispensable to our board as we scale Born Defense."
Mr. Craven joins the team at a pivotal moment for the company. On June 2, 2025, Silo Wellness its intention to proceed with a change of business and rebrand as Born Defense Inc., focusing on strategic investments across the defense, cybersecurity, critical infrastructure, and national resilience sectors. The change of business is expected to close later this year, subject to regulatory and shareholder approval.
For more information about Silo Wellness and the Born Defense transition, please visit: .
About Born Defense
Silo Wellness (CSE: SILO) is a public company currently transitioning its operations into Born Defense Inc., a national security investment issuer committed to ethical defense finance guided by the Just War Doctrine. The company's restructured business model centers on trade finance, strategic equity investments, and collateral-backed lending for pre-IPO and critical infrastructure ventures globally.
Contact Information
Mike Arnold, President
ir at borndefense.com
541-359-3931
Forward-Looking Statements
This press release contains forward-looking statements under applicable securities laws. These statements relate to future events, financial performance, and operational expectations, including the objectives, prospective transaction, market conditions, and strategic plans.
Forward-looking statements involve risks, uncertainties, and assumptions that may cause actual results to differ materially, including market conditions, regulatory changes, geopolitical factors, and capital availability. We undertake no obligation to update these statements except as required by law. Readers should not place undue reliance on forward-looking statements, which speak only as of their date.
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FAQ
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