Silo Wellness Appoints Defense Finance Veteran Richard Craven as CEO to Guide Strategic Transition to Born Defense

Core Viewpoint - Silo Wellness Inc. has appointed Richard Craven as CEO to lead the company's strategic transition to Born Defense Inc., focusing on defense and national security investments guided by the Just War Doctrine [1][3]. Company Overview - Silo Wellness is transitioning its operations into Born Defense Inc., which will operate as a national security investment issuer committed to ethical defense finance [5]. - The restructured business model will focus on trade finance, strategic equity investments, and collateral-backed lending for pre-IPO and critical infrastructure ventures globally [5]. Leadership Background - Richard Craven brings extensive experience in financial structuring and defense-related enterprise development, having previously managed over £11.2 billion in assets and annual inflows exceeding £4 billion at a major retail investment platform [2]. - Craven has held CEO responsibilities in defense-related companies and has executed significant U.S. defense system procurement agreements [2][3]. Strategic Importance - The appointment of Craven is seen as crucial for navigating complex defense transactions and enhancing the company's global regulatory posture [3]. - The transition to Born Defense is expected to close later in 2025, pending regulatory and shareholder approval [3].