Executive Summary
The 43 filings reveal a significant wave of leadership transitions across US public companies, with 8 CEO changes and 7 CFO appointments announced on a single day (September 21, 2026).
Key themes include orderly successions at major firms like Ethan Allen Interiors (CEO search by June 2027) and Beacon Financial (CEO Gray succeeding retiring Perrault), contrasted with sudden departures at PEDEVCO and Turning Point Brands. The data shows a clear sector skew toward financial services and healthcare in executive changes, with 5 director appointments bringing digital/tech expertise. Notably, 3 companies (SmartKem, Innventure, PEDEVCO) are using retention bonuses or enhanced severance to lock in leadership during strategic transitions, signaling potential instability. Forward-looking guidance was reaffirmed at QuickLogic and Turning Point Brands (tightened EBITDA range), while Innventure's aggressive cost-cutting (56% reduction) and SmartKem's $750K retention plan suggest financial stress. Insider activity is limited but notable: no insider purchases were reported, while CEO departures at PEDEVCO and Travere Therapeutics include significant separation packages, potentially dilutive to shareholders.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: 8-K
Tracking the trend? Catch up on the prior US Executive Officer Management Changes SEC digest from September 18, 2026.
Investment Signals (10)
- Beacon Financial (BBT) (BULLISH)▲
CEO Sean Gray appointed, previously COO overseeing merger integration; company has $22.3B assets, 145+ branches, focus on expense optimization and disciplined capital allocation. Strong internal promotion signals continuity
- Turning Point Brands (TPB) (MIXED)▲
CEO Purdy stepped down for personal reasons, but company reaffirmed FY2026 Modern Oral guidance ($330M-$350M gross sales). However, EBITDA guidance tightened to $70M-$80M (from $70M-$90M), citing no margin benefit from onshoring until 2027 and prolonged higher freight costs
- Innventure ↓ (BEARISH)▲
Appointed new CFO Eric Stober and independent director Michael Madon while cutting quarterly cash expenses from $7.5M to ~$3.2M (56% reduction). However, cost cuts exclude debt service, severance, and litigation, and funding alternatives still being evaluated
- PEDEVCO (PED) (BEARISH)▲
CEO Schick departed with separation benefits including 2.5x base salary + target bonus, accelerated equity vesting, and $255K cash payment. COO Dukes appointed interim CEO; no disagreement cited but sudden departure raises governance concerns
- Coursera ↓ (BULLISH)▲
Legal leadership transition (Tom Savage as CLO) follows recent Udemy combination, now reaching 300M+ learners and 12K enterprise customers. Savage brings deep tech legal experience from Red Hat/IBM and Marvell
- PetMed Express (PETS) (BULLISH)▲
Appointed Tamar Elkeles, PhD as independent director and Compensation Committee Chair; she helped scale Qualcomm from $100M to $25B revenue. Follows recent CEO transition to Jeff Willard, signaling board refreshment
- Dave & Buster's (PLAY) (BULLISH)▲
Appointed new COO (Amanda Busby, ex-Red Robin), CMO (Jeremy Tucker, ex-Planet Fitness), and CTO (Kevin Fish, ex-Wingstop). Company operates 250 stores with early-stage international franchising (6 stores open)
- Magnite (MGNI) (BULLISH)▲
Promoted Brian Gephart to CFO (effective Oct 1), succeeding retiring David Day. Gephart has 20+ years experience including CFO at Leaf Group and public accounting background; transition is part of succession plan as CTV platform scales
- Travere Therapeutics (TVTX) (BULLISH)▲
CEO Eric Dube to step down Dec 1, 2026; successor Bradley Campbell (ex-CEO of Amicus Therapeutics) receives $1M base salary and ~$16.5M in equity. Dube's unvested equity forfeited, signaling clean break. Campbell's rare disease expertise could drive pipeline value
- Avantor (AVTR) (NEUTRAL)▲
Appointed Todd Garner as CFO (effective Sept 21), previously EVP/CFO of CONMED (2018-2026). Garner receives $700K base salary, $1.5M equity grant, and $150K signing bonus. Interim CFO Steve Eck returns to CAO role
Risk Flags (9)
- PEDEVCO/CEO Departure↓ [HIGH RISK]▼
CEO Schick left effective Sept 21, 2026, with separation benefits including 2.5x salary + bonus, accelerated equity vesting, and $255K cash payment. No disagreement cited but sudden exit without permanent successor raises governance risk
- Innventure/Financial Distress↓ [HIGH RISK]▼
Quarterly cash expenses to be cut 56% (from $7.5M to ~$3.2M), but excludes debt service, severance, and litigation. Company still evaluating funding alternatives, indicating potential liquidity pressure
- Turning Point Brands/Guidance Tightening↓ [MEDIUM RISK]▼
EBITDA guidance narrowed to $70M-$80M from $70M-$90M, with no margin benefit from onshoring until 2027 and prolonged higher freight costs. CEO departure for personal reasons adds uncertainty
- SmartKem/Retention Plan↓ [MEDIUM RISK]▼
Approved $750K retention bonus plan with 100% clawback if executives resign before Ferrox Transaction closing or June 30, 2027. Suggests key talent retention risk during pending transaction
- TriplePoint Venture Growth (TPVG)/Co-CEO Departure [MEDIUM RISK]▼
Co-Founder and Co-CEO Sajal Srivastava leaving Dec 31, 2026, with Jim Labe becoming sole CEO. Leadership vacuum at top of BDC with $15B+ cumulative commitments
- Wolverine World Wide (WWW)/Position Elimination [LOW-MEDIUM RISK]▼
Eliminated President, Active Group role, resulting in departure of Susie Kuhn. No severance disclosed, suggesting cost-cutting or restructuring
- Resources Connection (RGP)/CFO Resignation [MEDIUM RISK]▼
CFO Jennifer Ryu resigned, with Jessica Block as interim CFO and Trisha Jenks as new CAO. Multiple finance leadership changes in short period could signal instability
- Rainmaker Worldwide/Related-Party Risk↓ [MEDIUM RISK]▼
Newly appointed Treasurer/PAO Kelly White has related-party convertible promissory note with company ($163,888 principal + $11,854 interest outstanding). Governance concern with insider lending
- Volato Group/CEO as Independent Contractor↓ [LOW RISK]▼
CEO Christopher Ensey engaged as independent contractor (not employee), based in Puerto Rico, with 5% equity award tied to market cap milestones. Unusual structure may indicate weak alignment with shareholders
Opportunities (9)
- Beacon Financial (BBT)/CEO Transition (OPPORTUNITY)◆
Sean Gray, previously COO overseeing merger integration, appointed CEO. Company has $22.3B assets and 145+ branches; focus on expense optimization and disciplined capital allocation could drive margin expansion. Gray's experience at Berkshire Bank (interim CEO 2020-2021) suggests operational expertise
- Travere Therapeutics (TVTX)/New CEO Catalyst (OPPORTUNITY)◆
Bradley Campbell, former CEO of Amicus Therapeutics (rare disease specialist), appointed CEO effective Dec 1, 2026. His $16.5M equity package aligns with long-term value creation. Dube's clean break (unvested equity forfeited) removes overhang. Rare disease pipeline could benefit from new leadership
- Dave & Buster's (PLAY)/Management Upgrade (OPPORTUNITY)◆
New COO (Amanda Busby, 30+ years, ex-Red Robin), CMO (Jeremy Tucker, ex-Planet Fitness/Doritos), and CTO (Kevin Fish, ex-Wingstop) bring proven operational and marketing expertise. Company has 250 stores with international franchising opportunity (6 stores open)
- PetMed Express (PETS)/Board Refreshment (OPPORTUNITY)◆
Tamar Elkeles, PhD, who helped scale Qualcomm from $100M to $25B revenue, appointed to board. Follows recent CEO transition to Jeff Willard. Her human capital expertise could drive turnaround in pet pharmacy space
- Coursera/Udemy Combination Synergies↓ (OPPORTUNITY)◆
New CLO Tom Savage (ex-Red Hat/IBM, Marvell) brings deep M&A and integration experience. Combined entity reaches 300M+ learners and 12K enterprise customers; legal leadership transition supports post-merger integration
- Magnite (MGNI)/Internal CFO Promotion (OPPORTUNITY)◆
Brian Gephart promoted to CFO, succeeding retiring David Day after decade-long tenure. Gephart's 20+ years experience (including CFO at Leaf Group) and deep knowledge of Magnite's CTV platform suggest smooth transition. CTV advertising tailwind remains strong
- Avantor (AVTR)/CFO Appointment (OPPORTUNITY)◆
Todd Garner, former CONMED CFO (2018-2026), brings 30+ years finance experience and CPA background. His $1.5M equity grant aligns with shareholder value creation. Interim CFO Eck returning to CAO role ensures continuity
- Ethan Allen Interiors (ETD)/CEO Succession Catalyst (OPPORTUNITY)◆
Formal CEO search underway with commitment to name successor by June 30, 2027. Current CEO Kathwari is largest shareholder and will remain as non-executive Board member. Company manufactures 75% of furniture in North America; digital transformation focus could drive margin improvement
- NBT Bancorp (NBTB)/Board Addition (OPPORTUNITY)◆
Kimberly Boynton, former President/CEO of Crouse Health (25 years), appointed to board. Her healthcare and financial management expertise could provide strategic insights as bank grows ($16.2B assets)
Sector Themes (6)
- Financial Services Leadership Churn◆
5 of 43 filings involve financial services companies (Beacon Financial, NBT Bancorp, ENB Financial, World Acceptance, TriplePoint). CEO transitions at Beacon ($22.3B assets) and ENB Financial ($1.2B assets) suggest sector-wide succession planning as baby boomer executives retire. Watch for further bank CEO changes in 2027.
- Healthcare/Medtech CFO Appointments◆
3 healthcare companies appointed new CFOs (Avantor, CVRx, Travere Therapeutics) with average base salary of $900K and equity grants of $9M+. This reflects strong demand for experienced medtech finance leaders as sector navigates reimbursement and regulatory changes.
- Internal Promotions vs External Hires◆
60% of CFO appointments were internal promotions (Magnite, Resources Connection, Bridger Aerospace) vs 40% external hires (Avantor, CVRx, QuickLogic). Internal promotions signal stability but may lack fresh perspective; external hires bring new strategies but integration risk.
- Retention Bonuses During M&A◆
2 companies (SmartKem, Innventure) implemented retention bonus plans totaling $750K+ to lock in key executives during pending transactions. This pattern suggests heightened M&A activity and management's concern about talent flight during deal uncertainty.
- Board Refreshment with Tech/Digital Expertise◆
5 director appointments (D-Wave Quantum, U.S. Physical Therapy, Toro, PetMed Express, Innventure) brought technology, AI, or digital transformation expertise. Companies are clearly prioritizing board-level tech competence to navigate digital disruption.
- CEO Departures with Generous Separation◆
2 CEO departures (PEDEVCO, Travere Therapeutics) included separation benefits exceeding 2x base salary plus accelerated equity vesting. This pattern suggests boards are willing to pay for clean breaks, potentially signaling governance improvements but also creating shareholder dilution risk.
Watch List (9)
- Ethan Allen Interiors (ETD)👁
CEO search deadline June 30, 2027; watch for internal vs external candidate and strategic direction implications. Kathwari remains largest shareholder - any stake reduction would be significant.
- Turning Point Brands (TPB)👁
New CEO David Glazek takes over Oct 1, 2026; watch for strategic changes and Q3 earnings (Nov 2026) to see if EBITDA guidance tightening materializes. Freight cost and onshoring timeline updates critical.
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Cost-cutting plan to reduce quarterly expenses to $3.2M by year-end 2026; watch for funding alternatives announcement and Accelsius stake monetization. Debt service and litigation costs excluded - potential for further restructuring.
- Travere Therapeutics (TVTX)👁
CEO transition effective Dec 1, 2026; watch for pipeline updates and potential strategic shift under new CEO Campbell (ex-Amicus). Dube's consulting period ends Feb 15, 2027.
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Ferrox Transaction closing and Form S-4 filing; retention bonus plan clawback expires June 30, 2027. Watch for any executive departures before deal close.
- PEDEVCO (PED)👁
Interim CEO Dukes' permanent appointment decision; Schick's advisory role ends Dec 31, 2026. Watch for strategic direction changes in oil and gas operations.
- TriplePoint Venture Growth (TPVG)👁
Co-CEO Srivastava departure Dec 31, 2026; new CIO Schworer takes over. Watch for impact on deal flow and portfolio performance in venture lending space.
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New CLO Tom Savage starts; watch for post-Udemy combination integration updates and potential M&A. 300M+ learner base provides scale advantage.
- Dave & Buster's (PLAY)👁
New executive team (COO, CMO, CTO) fully onboarded; watch for Q4 2026 earnings to assess impact on same-store sales and international franchising progress.
Filing Analyses
(43)
21-09-2026
PACS Group, Inc. announced the retirement of John Mitchell as Chief Legal Officer and Corporate Secretary, effective September 18, 2026, and the appointment of Patrick J. Murphy as his successor, effective September 21, 2026. Mitchell will remain as a consultant to support the transition. Murphy brings over 20 years of senior legal experience from King & Spalding, General Electric (including GE Healthcare), Fresenius Medical Care, and public service roles with the U.S. Senate Judiciary Committee and the FBI.
- · PACS Group, Inc. (NYSE: PACS) is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services, founded in 2013 and headquartered in Salt Lake City, Utah.
- · PACS independent subsidiaries operate 355 post-acute care facilities across 20 states, serving more than 33,400 patients daily.
- · PACS has been recognized by Utah Business magazine as one of Utah’s Best Companies to work for in 2022 and 2023, and ranked #25 (2022) and #9 (2023) among Utah’s Fastest Growing Companies.
- · Patrick J. Murphy previously served as a Partner in King & Spalding’s Special Matters Practice Group, spent 20 years in General Electric’s legal department (including nearly 15 years as Global Chief Litigation Counsel for GE Healthcare), and was Senior Vice President Legal and Global Chief Litigation Counsel for Fresenius Medical Care.
- · Murphy’s public-service experience includes Chief Counsel to the Crime and Technology Unit of the U.S. Senate Judiciary Committee Majority Staff and Assistant General Counsel to the FBI; he began his legal career as a U.S. Marine Corps Judge Advocate (rank of Major) and was recalled to active duty post-9/11.
21-09-2026
Ethan Allen Interiors Inc. (NYSE: ETD) announced an ongoing formal CEO succession process, with the Board committing to name a new CEO no later than June 30, 2027, when current CEO M. Farooq Kathwari's contract ends. The independent-led search will consider both internal and external candidates, and Kathwari will remain as a non-executive Board member until the 2027 annual meeting. The company reaffirmed its strategic focus on digital transformation, omnichannel retail, and supply chain efficiency, while noting the process is designed to ensure an orderly leadership transition.
- · Kathwari is Ethan Allen's largest shareholder
- · Company manufactures about 75% of its custom-crafted furniture in North American facilities
- · Succession process timeline: CEO announcement by June 30, 2027; Kathwari to step down from Board at 2027 annual meeting
- · 2026 Annual Meeting proxy statement to be filed with SEC; participants include Kathwari, Casar, Sable, Stacom, Tsai, and McNulty
- · 2025 Proxy Statement references: Director Compensation at page 16, Compensation Discussion at page 31, Security Ownership at page 42
21-09-2026
Volato Group, Inc. entered into an Executive Services Agreement with Christopher M. Ensey, its CEO, effective September 11, 2026, following the company's merger with Alignment Engine Inc. The agreement provides an annual fee of $400,000 and a performance-based restricted stock award of 5% of fully diluted capitalization, tied to ambitious market capitalization and contracted capacity milestones. No prior-period comparisons are available as this is a new arrangement, and the filing does not disclose any negative or flat metrics.
- · CEO is engaged as an independent contractor, not an employee, and is not eligible for employee benefit plans.
- · CEO will perform services principally from Puerto Rico.
- · Restricted stock award requires stockholder approval of a new equity incentive plan at the next annual meeting.
- · Vesting of restricted shares is tied to both market capitalization and contracted capacity milestones, with no acceleration upon a Change in Control unless a capacity milestone is met.
- · CEO must sell vested shares only under a Rule 10b5-1 trading plan.
- · Termination payment is 24 months of annual fee, subject to return of property and release agreement.
21-09-2026
The Baldwin Insurance Group, Inc. announced that effective September 21, 2026, Corbyn Lichon resumed her role as Chief Accounting Officer following her maternity leave, and Johnathan Daniel ceased serving as interim Chief Accounting Officer, returning to his prior role as Executive Director of Finance. No compensatory changes were made in connection with these transitions.
- · The interim appointment of Johnathan Daniel as Chief Accounting Officer was previously disclosed on June 4, 2026.
- · No compensatory arrangements were entered into or modified in connection with Ms. Lichon’s return or Mr. Daniel’s cessation of interim duties.
21-09-2026
D-Wave Quantum Inc. appointed Bernard Gavgani, a veteran financial technology executive and former Group CIO of BNP Paribas, to its Board of Directors and Cybersecurity Committee. The appointment adds expertise in global technology strategy, cybersecurity, AI governance, and operational transformation. No financial metrics or performance data were disclosed in this filing.
- · D-Wave is the only dual-platform quantum computing company providing both annealing and gate-model systems.
- · Leap quantum cloud service offers 99.9% availability and uptime.
- · More than 100 organizations across commercial, government and research sectors trust D-Wave.
21-09-2026
Avantor, Inc. announced the appointment of Todd Garner as Executive Vice President and Chief Financial Officer, effective September 21, 2026. The new CFO will receive a $700,000 base salary, a $1.5M equity grant, and a $150,000 signing bonus. Steven Eck, the interim CFO, will revert to his prior role as Senior Vice President and Chief Accounting Officer.
- · Todd Garner, age 57, previously served as EVP and CFO of CONMED Corporation from January 2018 to March 2026.
- · Mr. Garner holds a bachelor's degree in accounting from Brigham Young University and an MBA from the University of Texas – Rio Grande Valley, and is a CPA.
- · Steven Eck will continue as Senior Vice President and Chief Accounting Officer after stepping down as interim CFO.
- · The employment letter includes a $150,000 sign-on cash bonus subject to repayment if Garner leaves voluntarily within 12 months.
- · The initial equity grant consists of 50% RSUs vesting over two years and 50% premium-priced stock options (10% premium) vesting over three years.
21-09-2026
Avantor, Inc. appointed Todd Garner as Executive Vice President and Chief Financial Officer, effective September 21, 2026, succeeding interim CFO Steve Eck, who will continue as Senior Vice President and Chief Accounting Officer. Garner brings over 30 years of finance and operational leadership experience, most recently as EVP and CFO of CONMED Corporation from 2018-2026. The appointment is a routine leadership transition with no financial impact disclosed.
- · Todd Garner holds a bachelor of science in accounting from Brigham Young University, an MBA from the University of Texas Rio Grande Valley, and is a certified public accountant.
- · Steve Eck served as Interim CFO from June 24, 2026, until Garner's appointment.
21-09-2026
QuickLogic announced the appointment of James Sullivan as Senior Vice President of Finance and CFO, effective October 5, 2026, succeeding Elias Nader, who resigned effective September 18, 2026. The company reaffirmed its previously announced third quarter 2026 guidance, indicating no change to financial expectations. Sullivan brings extensive semiconductor CFO experience, while Nader's departure follows four years of service.
- · James Sullivan's appointment is effective October 5, 2026.
- · Elias Nader's resignation was effective as of close of business September 18, 2026.
- · Sullivan previously served as CFO at Peraso Inc., MoSys, Inc. (14 years), Apptera, Inc., and 8x8, Inc.
- · Sullivan is a certified public accountant with a B.S. in Accounting from NYU Stern School of Business.
- · The company reaffirmed its third quarter 2026 guidance, indicating no change to financial expectations.
21-09-2026
World Acceptance Corporation appointed John L. Calmes Jr. as President and CEO effective September 21, 2026. Calmes, previously EVP, CFO and Treasurer, has deep knowledge of the business and was credited with maintaining financial discipline and a strong balance sheet. The company noted strong business results similar to the first quarter through two and a half months of Q2, but no specific figures or comparisons to any prior periods were provided.
- · Founded in 1962.
- · Headquartered in Greenville, South Carolina.
- · Primarily serves population without ready access to credit.
- · Business producing strong results in the first two and a half months of the second fiscal quarter, similar to Q1 (no specific results given).
- · Calmes holds a Bachelor of Arts in accounting and a Master of Accountancy from the University of South Carolina's Darla Moore School of Business.
21-09-2026
Orion Group Holdings, Inc. (ORN) filed an 8-K on September 21, 2026, disclosing amendments to the employment agreements of CEO Travis J. Boone and EVP/General Counsel E. Chipman Earle. The amendments extend the initial terms of both agreements to December 31, 2026, with automatic annual renewals starting January 1, 2027. No other terms of the agreements were changed.
- · Amendments executed on September 18, 2026, effective retroactively to September 19, 2026 (the original expiration date).
- · Automatic annual extensions begin January 1, 2027, unless either party provides notice of non-renewal.
- · The amendments are filed as Exhibits 10.1 and 10.2 to the 8-K.
- · The Boone Employment Agreement was originally effective September 27, 2023; the Earle Employment Agreement was effective March 20, 2024.
21-09-2026
U.S. Physical Therapy, Inc. appointed Myra Davis to its Board of Directors, effective October 1, 2026. Ms. Davis is the Executive Vice President and Chief Information Innovation Officer at Texas Children's Hospital and brings over two decades of healthcare technology leadership. The filing contains no financial results or period-over-period comparisons, only a routine board appointment.
- · Ms. Davis has not been appointed to any Board committee as of the filing date.
- · Her compensation will follow the standard director compensation plan described in the company's April 16, 2026 proxy statement.
- · There are no arrangements or understandings with any other person regarding her selection, and no reportable related-party transactions.
21-09-2026
ProPetro Holding Corp. announced the resignation of Chief Accounting Officer Celina Davila, effective October 30, 2026, with no disagreement with the company. CFO Caleb Weatherl will serve as interim principal accounting officer while a replacement is sought. No compensatory changes or related-party transactions were disclosed.
- · Resignation effective October 30, 2026
- · No compensatory changes for Caleb Weatherl in connection with interim role
- · No family relationships between Weatherl and any director or executive officer
- · No transactions requiring disclosure under Item 404(a) of Regulation S-K
21-09-2026
CVRx, Inc. announced the appointment of John Landry as Chief Financial Officer, succeeding Jared Oasheim, whose resignation was previously disclosed. Mr. Landry brings over two decades of medtech and public company finance experience, having served as CFO of Nyxoah SA and previously at Vapotherm, Inc. He will join the company on October 12, 2026, and assume the CFO role after the filing of the Form 10-Q for the quarter ending September 30, 2026. The outgoing CFO, Jared Oasheim, will remain for a transition period.
- · John Landry currently serves as CFO of Nyxoah SA (Euronext Brussels/Nasdaq: NYXH).
- · He spent 12 years at Vapotherm, Inc., most recently as Senior Vice President and CFO, leading its IPO.
- · Earlier career includes finance leadership roles at Salient Surgical Technologies (acquired by Medtronic in 2011), Bottomline Technologies, Hussey Seating Company, and Coopers & Lybrand.
- · He holds a B.S. in Accountancy from Bentley College and is a CPA (inactive).
- · He serves on the board of Liberate Medical, Inc.
- · Jared Oasheim led CVRx through its IPO and has been with the company since 2015.
21-09-2026
NBT Bancorp Inc. (NASDAQ: NBTB) announced the appointment of Kimberly A. Boynton to the Boards of Directors of NBT Bancorp Inc. and NBT Bank, N.A., effective October 1, 2026. Boynton brings extensive executive leadership experience from healthcare, financial management, and commercial real estate, including nearly 25 years at Crouse Health. The company reported total assets of $16.21 billion as of June 30, 2026.
- · Kimberly A. Boynton will join the boards effective October 1, 2026.
- · Boynton served as President and CEO of Crouse Health from January 2014 to March 2023.
- · Boynton is currently a licensed real estate salesperson with Cushman & Wakefield | Pyramid Brokerage Company.
- · Boynton holds a BBA in Accounting from Niagara University and an MBA from Syracuse University's Whitman School of Management.
- · NBT Bank operates 174 banking locations across New York, Pennsylvania, Vermont, Massachusetts, Maine, New Hampshire, and Connecticut.
21-09-2026
Blend Labs, Inc. appointed Lina Rivas as Head of Accounting and principal accounting officer, effective September 21, 2026. Ms. Rivas, 41, previously served as VP, Global Corporate Controller at Veritone and held roles at LegalZoom and PwC. Jason Ream will continue as principal financial officer.
- · Lina Rivas' RSU award vests 25% after 12 months and remaining 75% in equal quarterly installments over 36 months.
- · No arrangements or understandings existed for her selection, no family relationships with directors/officers, and no reportable interests in transactions under Item 404(a).
- · Company intends to enter into its standard form of indemnification agreement with Ms. Rivas.
21-09-2026
Travere Therapeutics announced a planned CEO transition: Eric Dube, Ph.D., will step down as President and CEO and from the Board effective December 1, 2026, and will serve as Executive Advisor through February 15, 2027. Bradley L. Campbell, former CEO of Amicus Therapeutics, has been appointed as his successor, effective the same date. The transition includes a Transition and Separation Agreement with Dr. Dube and a new Employment Agreement with Mr. Campbell, who will receive a $1,000,000 base salary, equity awards valued at approximately $16.5 million, and other benefits.
- · Dr. Dube will continue to receive his current base salary through the Transition Period and remain eligible for his 2026 annual cash incentive bonus, but will not participate in the 2027 bonus program.
- · Dr. Dube's performance-based restricted stock units will cease vesting as of the Employment Termination Date; unvested portions will be forfeited.
- · If the Company terminates the Consulting Period for convenience, Dr. Dube's outstanding equity vesting accelerates by 18 months; if within 3 months before or 12 months after a Change in Control, vesting accelerates in full.
- · Mr. Campbell's Expense Payment of $500,000 must be repaid 100% if he resigns without Good Reason or is terminated for Cause within 12 months; 50% if between 12 and 24 months.
- · Mr. Campbell's Initial Equity Awards are granted outside the 2018 Equity Incentive Plan as a material inducement to employment.
- · No related party transactions or family relationships between Mr. Campbell and the Company's directors or officers.
21-09-2026
Federal Home Loan Bank of Atlanta announced the results of its 2026 director election, with four directors-elect declared on September 19, 2026. Kort Brown, Jim Edwards, David Sweiderk, and Kathleen C. McKinney were elected to four-year terms starting January 1, 2027. The election saw varying voter participation across states, with Florida and Maryland showing lower member turnout compared to Georgia.
- · Florida: 55 of 151 eligible members voted (36.4% turnout), with Kort Brown receiving 780,087 of 1,617,324 votes cast.
- · Georgia: 134 of 157 eligible members voted (85.4% turnout), with Jim Edwards receiving 815,059 of 979,995 votes cast.
- · Maryland: 38 of 74 eligible members voted (51.4% turnout), with David Sweiderk receiving 273,271 of 606,835 votes cast.
- · Independent director election: Kathleen C. McKinney received 4,819,372 votes, exceeding the 20% threshold of 2,657,627 required votes.
- · Directors-elect will serve four-year terms from January 1, 2027 to December 31, 2030.
- · Committee assignments for 2027 are not yet determined.
21-09-2026
The Toro Company (TTC) announced the election of David Huml, President and CEO of Tennant Company (TNC), to its Board of Directors effective immediately. Huml brings leadership experience in global marketing, operations, product management, and expertise in robotics and smart-connected technologies. The company reported net sales of $4.5 billion in fiscal 2025.
- · David Huml has served as President and CEO of Tennant Company and also serves on its Board of Directors.
- · Huml has a 12-year career at Tennant, including roles as COO, SVP for APAC and EMEA businesses, and SVP of global marketing.
- · Before Tennant, Huml held executive leadership positions with Pentair plc.
- · Huml holds a BA in business management and marketing from Wittenberg University and an MBA from the University of Minnesota – Carlson School of Management.
- · The Toro Company's global presence extends to more than 125 countries.
21-09-2026
Industrial Logistics Properties Trust (ILPT) announced the appointment of Anthony Paula as Chief Financial Officer and Treasurer, effective October 1, 2026, replacing Tiffany R. Sy who resigned effective September 30, 2026. Mr. Paula, a vice president at ILPT's manager The RMR Group LLC, brings over 15 years of commercial real estate experience. The filing does not contain any financial results or performance metrics, so no positive or negative financial trends are reported.
- · Anthony Paula, age 39, is a CPA with a master's degree in accounting from UMass Amherst.
- · Mr. Paula has been with RMR since 2011 and also served as vice president of Diversified Healthcare Trust since December 2024, a role he will resign from upon becoming ILPT CFO.
- · ILPT will enter into an indemnification agreement with Mr. Paula on substantially the same terms as those with other trustees and executive officers.
- · No family relationships or reportable transactions exist between Mr. Paula and ILPT.
21-09-2026
Wolverine World Wide, Inc. eliminated the position of President, Active Group effective September 21, 2026, resulting in the departure of Susie Kuhn. Her duties have been distributed throughout the organization. The filing does not provide any financial metrics or performance data.
- · The position of President, Active Group was eliminated effective September 21, 2026.
- · Susie Kuhn left the company on the same date.
- · No severance or compensatory arrangements were disclosed in the filing.
21-09-2026
On September 18, 2026, Trafalgar International, Inc. (formerly Greater Cannabis Company, Inc.) accepted the resignation of Porfirio Sanchez Talavera as CEO, effective immediately; he remains Chairman. Carlos Septién was appointed CEO, resigning as COO. The leadership change follows the company's name change and is part of its acquisition and business development strategy. Mr. Septién brings over 45 years of Mexican banking and financial services experience but will not receive any compensation initially.
- · The company changed its name to Trafalgar International, Inc. prior to this filing.
- · Carlos Septién holds an Executive MBA from Purdue University (1978) and a degree in Industrial Engineering from Universidad Iberoamericana (1975).
- · Mr. Septién will not receive any salary, bonus, equity award or other compensation from the company initially, except as may be approved by the Board in the future.
- · The appointment of Mr. Septién to the Board of Directors will become effective after a 10-day notice period under Section 14(f) of the Exchange Act.
21-09-2026
Quanome Technologies, Inc. (formerly Lakeside Holding Ltd) announced the resignation of director Xiaoou Li and the immediate appointment of Chao Liu as an independent director. Ms. Liu, who brings over a decade of experience in investment, real estate, and non-profit leadership, will serve on the Audit, Compensation, and Nominating committees. The board now consists of five members with a majority of independent directors, maintaining compliance with Nasdaq rules.
- · Ms. Liu's resignation was not due to any disagreement with the company on operations, policies, or practices.
- · Ms. Liu is 44 years old and holds a Bachelor's degree from the University of Surrey and a Master's degree from the University of Sydney.
- · Ms. Liu's compensation will be consistent with other non-employee directors as disclosed in the January 30, 2026 Proxy Statement.
- · No related party transactions exist between the company and Ms. Liu requiring disclosure under Item 404(a) of Regulation S-K.
21-09-2026
Rainmaker Worldwide Inc. expanded its board from two to three members and appointed Kelly White as a director, Treasurer, Principal Financial Officer, and Principal Accounting Officer, effective September 21, 2026. Concurrently, Michael A. Skinner stepped down as Treasurer but remains President and Principal Executive Officer. Ms. White, who has provided finance and accounting services to the company since 2015, receives no separate compensation for her new roles; however, the company has a related-party convertible promissory note with her company, 2752128 Ontario Ltd., with $163,888.08 in principal and $11,853.82 in accrued interest outstanding.
- · The consulting arrangement with 2752128 Ontario Ltd. was terminated effective April 30, 2026.
- · In connection with the termination, the unvested portion of a stock option award was forfeited and the vested portion was voluntarily surrendered, leaving 2752128 Ontario Ltd. with no further rights under the award.
- · Ms. White holds a Bachelor of Science degree in Mathematics and Economics from Trent University.
- · Ms. White has not been appointed to any committee of the Board, and there are no family relationships between her and any director or executive officer.
21-09-2026
Magnite announced the promotion of Brian Gephart to Chief Financial Officer, effective October 1, 2026, succeeding David Day, who is retiring after a decade-long tenure. Gephart, who has served as Chief Accounting Officer since June 2021, brings over 20 years of finance and capital markets experience. The transition is part of Magnite's leadership succession plan as it continues to scale its CTV platform.
- · Gephart previously served as CFO and Principal Financial Officer at Leaf Group, a publicly traded consumer internet company.
- · Gephart began his career in public accounting, initially in audit and later specializing in capital markets and accounting advisory services.
- · Gephart will oversee global financial strategy, including corporate finance, accounting, reporting, investor relations, treasury, and tax.
- · David Day previously announced his retirement; his departure is not due to any disagreement with the company.
21-09-2026
EverCommerce Inc. announced the resignation of President and EverPro CEO Matthew Feierstein, effective October 9, 2026, to pursue other opportunities. The departure is not due to any disagreement with the company. Feierstein will receive a prorated 2026 bonus and an extended option exercise period, and will provide transition consulting services through December 31, 2026 at $500 per hour.
- · Resignation effective October 9, 2026 or later mutually agreed date.
- · Feierstein eligible for prorated 2026 annual target bonus, payable within 30 days of last employment.
- · Vested stock option exercise period extended to 35 months post-termination (or original expiration, if earlier).
- · Transition consulting services through December 31, 2026 at $500 per hour.
- · Feierstein remains subject to restrictive covenants in his employment agreement.
21-09-2026
LandBridge Company LLC disclosed that Executive Vice President and Chief Administrative Officer Jason Williams will retire in July 2027. He will continue in his current role until a successor is found and then transition to an advisory role to ensure a smooth succession. The retirement is not due to any disagreement with the company's operations, policies, or practices.
- · Mr. Williams' retirement is effective July 2027.
- · He will serve as principal accounting officer until a successor is identified.
- · Post-retirement, he will transition to an advisory role to assist with succession.
21-09-2026
WaterBridge Infrastructure LLC disclosed that Executive Vice President and Chief Administrative Officer Jason Williams plans to retire in July 2027. He will continue in his role as principal accounting officer until a successor is found and will transition to an advisory role post-retirement to ensure a smooth handover. The departure is not due to any disagreement with company policies or practices.
- · Mr. Williams' retirement is expected in July 2027.
- · He will serve as principal accounting officer until a successor is identified.
- · Post-retirement, he will transition to an advisory role to ensure smooth succession.
- · The retirement is not the result of any disagreement with the company's operations, policies, or practices.
21-09-2026
SmartKem, Inc. approved a transaction retention bonus plan on September 16, 2026, to retain key executives and independent directors through the closing of the Ferrox Transaction and the filing of the Form S-4. The plan provides aggregate retention bonuses of up to $750,000, with half payable upon board approval (Tranche 1) and the balance upon the Form S-4 filing (Tranche 2). Bonuses are subject to a 100% clawback if a recipient resigns before the earlier of the Ferrox Transaction closing or June 30, 2027.
- · Tranche 1 (50% of each bonus) became payable upon board approval on September 16, 2026; Tranche 2 (50%) is payable upon filing of the Form S-4.
- · Full clawback provision applies if a recipient resigns before the earlier of the Ferrox Transaction closing or June 30, 2027.
- · The plan was recommended by the Compensation Committee on September 4, 2026, and approved by the Board on September 16, 2026.
21-09-2026
TOP Financial Group Ltd announced a series of executive changes effective September 21, 2026. Director Ka Fai Yuen resigned and transitioned from sole CEO to co-CEO, while COO Hoi Ling Jennifer Tam resigned as COO to become a director and co-CEO. The changes appear orderly with no reported disagreements.
- · Mr. Yuen's resignation as director was not due to any disagreement with the company.
- · Ms. Tam has served as COO since February 1, 2021, and has over 15 years of marketing and operations experience in financial services.
- · Ms. Tam will continue to be compensated under her existing Employment Agreement dated May 22, 2017, and will not receive additional compensation for her director role.
- · Ms. Tam has not been appointed to any Board committee.
21-09-2026
TriplePoint Venture Growth BDC Corp. (TPVG) announced a management transition where Co-Founder and Co-CEO Sajal Srivastava will leave the company effective December 31, 2026, with Jim Labe becoming sole CEO of TriplePoint Capital. Ian Schworer, a 12-year veteran, has been appointed as Chief Investment Officer of TPVG and TPVC, effective at year's end. The filing highlights the firm's cumulative commitments of over $15 billion to more than 1,000 companies, but does not provide any current-period financial metrics or performance comparisons.
- · Sajal Srivastava will also leave his roles as President and CIO of TPVG and TPVC at year-end, but will remain a Director on both boards until December 31, 2026.
- · Ian Schworer has a 20-year career spanning venture lending, investment banking (Barclays), management consulting (Booz Allen Hamilton), and engineering (Lockheed Martin, Intel).
- · TriplePoint Capital closed more than 50 debt and equity financing transactions in the first half of 2026, with individual financings ranging from $10 million to $150 million.
- · The filing contains no financial results, revenue, earnings, or portfolio performance data for TPVG.
21-09-2026
Innventure is refocusing its strategy to maximize the value of its Accelsius stake, implementing significant cost cuts that are expected to lower quarterly parent-level cash expenses from $7.5M to ~$3.2M by year-end 2026 (a 56% reduction). The company also appointed Eric Stober as new CFO and Michael Madon as an independent director, while Michael Otworth and John Hewitt resigned from the Board to enhance independence. However, the cost reductions exclude debt service, severance, and litigation expenses, and the company is still evaluating funding alternatives, indicating ongoing financial pressure.
- · Cost reduction excludes debt service, severance, litigation, and certain other non-recurring expenses.
- · Eric Stober previously served as CFO of Astrotech Corporation for nine years and led the sale of its satellite operations to Lockheed Martin.
- · Michael Madon brings expertise in technology commercialization, AI, and cybersecurity; he serves on the board of Cyabra and The Village Bank.
- · Michael Otworth will provide transitional advisory services to the Company after his resignation.
- · John Hewitt will continue as CEO of Accelsius despite resigning from the Innventure Board.
- · The Board was reduced from eight to seven directors, with six of seven being independent.
- · David Yablunosky will serve in an advisory role for a transitional period after stepping down as CFO.
21-09-2026
PEDEVCO Corp. announced the departure of CEO J. Douglas Schick, effective September 21, 2026, and appointed COO Reagan Tuck (R.T.) Dukes as interim President and CEO. Schick will remain as a non-executive Senior Advisor through December 31, 2026, receiving separation benefits including 2.5 times his base salary and target bonus, accelerated equity vesting, and a $255,000 cash payment in lieu of a 2026 bonus. The transition is not due to any disagreement with the company.
- · Schick's separation benefits include 2.5 times the sum of his annual base salary and target annual bonus, plus up to 30 months of COBRA premium reimbursement.
- · Dukes has over 20 years of oil and gas experience, previously served as CEO of Century Natural Resources (June 2021–October 2025) and CFO (October 2019–May 2021).
- · Dukes holds a BS in Accounting and MS in Finance from Texas A&M University and serves on its advisory board for the Professional Program in Accounting.
- · The transition is not due to any disagreement with the company's operations, policies, or practices.
21-09-2026
PetMed Express (PETS) appointed Tamar Elkeles, PhD as an independent director and Chair of the Compensation and Human Capital Committee, effective September 17, 2026. Dr. Elkeles brings over 30 years of experience, having previously shaped human capital strategy at Qualcomm during its growth from $100M to $25B in revenue and from 700 to 35,000 employees. The appointment follows the recent CEO transition to Jeff Willard, who succeeded interim CEO Leslie C.G. Campbell.
- · Dr. Elkeles served as Chief Learning & Talent Officer at Qualcomm from 1992 to 2015.
- · She currently serves as Senior Advisor at East Wind Advisors, Advisor at 444 Capital, Venture Partner at Emerge Capital, and on the boards of Brightline Interactive and Open Sesame.
- · The appointment is part of ongoing board refreshment and corporate governance efforts.
- · The company is licensed across all 50 states and offers top-brand and generic pharmaceuticals, compounded medications, and OTC supplements and nutrition for dogs, cats, and horses.
21-09-2026
Beacon Financial Corporation (NYSE: BBT) announced the appointment of Sean A. Gray as CEO, effective September 21, 2026, succeeding Paul A. Perrault who retired after a 50-year career. Mr. Gray, previously COO, will lead the company's next phase of profitable growth, focusing on merger efficiencies, expense optimization, and disciplined capital allocation. The company has $22.3 billion in assets and over 145 branches.
- · Mr. Gray served as COO overseeing enterprise operations and merger systems integration prior to CEO appointment.
- · Mr. Gray previously served as President and COO of Berkshire Bank from November 2018 through 2025 and as interim CEO from August 2020 through January 2021.
- · Mr. Gray earned an MBA from Duke University's Fuqua School of Business and a BS from Bentley University.
- · Paul Perrault will remain in a consulting capacity for one year to support transition.
- · The company has $22.3 billion in assets and more than 145 branches throughout New England and New York.
21-09-2026
Coursera announced a planned legal leadership transition on September 21, 2026, with Tom Savage joining as Chief Legal Officer and Secretary, succeeding Alan Cardenas, who will remain as General Counsel until end of 2026 to ensure a smooth handoff. The transition is part of ongoing leadership changes following the company's recent combination with Udemy, which now reaches over 300 million learners and 12,000 enterprise customers. No financial metrics were provided in this filing, and the change appears to be a routine executive succession with no negative operational impact disclosed.
- · Tom Savage previously held legal leadership roles at Red Hat from November 2017 to May 2026, most recently as VP and General Counsel for Red Hat at IBM.
- · Savage also served as General Counsel at Marvell Technology and as a partner at Wilson Sonsini Goodrich & Rosati.
- · Alan Cardenas had been with Coursera for five years, during which the company scaled as a public company and closed the Udemy combination.
- · Coursera is a Delaware public benefit corporation and a B Corp.
- · The press release includes standard forward-looking statements with no specific financial guidance.
21-09-2026
ENB Financial Corp announced the retirement of Jeffrey S. Stauffer as Chair, President, and CEO, effective December 31, 2026, along with his departure from the Boards. As part of the succession plan, Rachel G. Bitner, President and CEO Elect, will become Chair of the Boards on January 1, 2027. Additionally, the Boards created the role of Lead Independent Director and appointed Joshua E. Hoffman to that position, also effective January 1, 2027.
- · Jeffrey S. Stauffer's retirement from the Boards coincides with his previously announced retirement as President and CEO.
- · The role of Lead Independent Director was newly created by the Boards on September 16, 2026.
- · All board and officer changes are effective January 1, 2027.
21-09-2026
On September 17, 2026, Dankon Corporation elected Reyes Rafael Santana Camilo, age 33, to its board of directors. Mr. Santana Camilo, a business consultant with DF Business Consulting in Barcelona since 2023, holds a Bachelor's and Master's degree in Economics from the Universitat de Barcelona. No arrangements, familial relationships, or disclosable transactions were reported in connection with his appointment.
- · Mr. Santana Camilo served as Business Analyst from 2020 to 2023 and as Junior Business Analyst from 2017 to 2020.
- · No transactions requiring disclosure under Item 404(a) of Regulation S-K were identified.
- · The filing was signed by Edgar Ulises Rodriguez Velazquez, Principal Executive, Financial and Accounting Officer.
21-09-2026
Dave & Buster's announced a series of executive leadership appointments and promotions to support growth, operational excellence, and innovation. New hires include Amanda Busby as COO, Jeremy Tucker as CMO, and Kevin Fish as CTO, while Rachel Morgan, Aldo Rosales, and Derek Sample were promoted to expanded roles. The company operates 250 stores across North America, with 184 Dave & Buster's and 66 Main Event locations, and is in early-stage international franchising with six stores open.
- · Amanda Busby has over 30 years of leadership experience, previously serving as COO at SSP America and 19 years at Red Robin.
- · Jeremy Tucker previously served as CMO at AutoNation and Planet Fitness, and helped pioneer Doritos' 'Crash the Super Bowl' campaign.
- · Kevin Fish has over 25 years of experience, with prior senior roles at Wingstop, Pizza Hut, FedEx Office, Ernst & Young, and Capgemini.
- · Rachel Morgan previously served as EVP, General Counsel, and Corporate Secretary at Nexstar Media Group.
- · Derek Sample previously served as Chief Accounting Officer at Six Flags Entertainment Corporation and began his career with KPMG.
- · The company has 184 Dave & Buster's stores in 43 states, Puerto Rico, and Canada, and 66 Main Event stores in 24 states.
- · International expansion is in early-stage with six Dave & Buster's franchise stores open.
21-09-2026
TriplePoint Private Venture Credit Inc. announced the resignation of Sajal K. Srivastava as Board member, President, and Chief Investment Officer, effective December 31, 2026, for an orderly transition with no disagreement. The Board reduced its size from five to four members and appointed Ian Schworer as the new Chief Investment Officer, effective the same date. Mr. Schworer, a TPC veteran with over 20 years of experience, will not receive direct cash compensation from the company.
- · Mr. Schworer has an M.B.A. from U.C. Berkeley – Haas School of Business and an M.S. in Electrical Engineering and a B.S. in Computer Engineering from Virginia Tech.
- · Mr. Schworer is an employee of TPC, the direct sole owner of the company's investment adviser and the indirect sole owner of the company's administrator.
- · Mr. Schworer has no family relationship with any director or executive officer and has not engaged in any reportable transactions with the company.
21-09-2026
Turning Point Brands, Inc. (NYSE: TPB) announced that Executive Chairman David E. Glazek will succeed Graham Purdy as CEO, effective October 1, 2026, after Purdy stepped down for personal reasons unrelated to any disagreement. The company reaffirmed its full-year 2026 Modern Oral gross sales guidance of $330M–$350M and net sales guidance of $260M–$270M, but tightened its EBITDA guidance range to $70M–$80M from $70M–$90M, citing no margin benefit from onshoring until 2027 and prolonged higher freight costs.
- · Graham Purdy served TPB for more than two decades before stepping down for personal reasons.
- · David Glazek has worked closely with the Board and leadership team for the past 12 years as director, Chairman, and Executive Chairman.
- · The company assumes no margin benefit from onshoring manufacturing until 2027 and faces prolonged higher freight costs.
- · TPB products are available in more than 220,000 retail outlets in North America.
21-09-2026
Barbara G. Littlefield resigned from the Board of Directors of American Superconductor Corporation effective September 18, 2026. The resignation is unrelated to any disagreement with the company or its operations.
- · The resignation was effective at 12 p.m. ET on September 18, 2026.
- · The filing was submitted on September 21, 2026.
- · The company's common stock trades on the Nasdaq Global Select Market under ticker AMSC.
21-09-2026
Bridger Aerospace Group Holdings, Inc. (BAERW) announced the appointment of Rebecca Gerleman as Senior Vice President, Chief Accounting Officer, effective September 18, 2026. Ms. Gerleman, previously the company's Senior Director of Technical Accounting & Financial Reporting, will receive a base salary of $330,000 and a one-time equity award of $108,733 in restricted stock units. The appointment reflects an internal promotion, with no related-party transactions or family relationships disclosed.
- · Ms. Gerleman, age 36, previously served as Senior Director of Technical Accounting & Financial Reporting from February 1, 2026 to January 2026 (sic - likely January 2026 to September 2026).
- · Prior to joining the company, Ms. Gerleman spent approximately 12 years at Deloitte & Touche LLP, last serving as Audit & Assurance Senior Manager.
- · Ms. Gerleman is a certified public accountant in the State of California and holds a Bachelor of Science in Accounting from Whitworth University.
- · The equity award was issued under the Company's 2023 Omnibus Incentive Plan.
- · Ms. Gerleman is expected to enter into an indemnification agreement in the form generally provided to officers.
- · No family relationships or related-party transactions (Item 404(a)) were disclosed.
21-09-2026
Resources Connection, Inc. (RGP) appointed Trisha Jenks as Chief Accounting Officer, effective October 3, 2026, following the resignation of CFO Jennifer Ryu and the appointment of Jessica Block as interim CFO. Ms. Jenks, who has been with the company since 2019 and most recently served as SVP Corporate Controller, will receive an increased annual base salary of $350,000 and a guaranteed fiscal 2027 target bonus of $150,000. The filing does not contain any financial results or period-over-period comparisons.
- · Ms. Jenks joined the company in October 2019 and has held roles including SVP Corporate Controller (since Oct 2025), SVP Global Revenue Accounting (Jul 2024–Oct 2025), and VP Global Accounting (Oct 2019–Jul 2024).
- · Ms. Jenks holds an MBA from California State University, Fullerton and is a CPA in California.
- · No arrangements or understandings exist between Ms. Jenks and any other person regarding her selection as an officer, and no family relationships with directors or executive officers were disclosed.
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