What changed
Albert White III stepped down as President and CEO and from the Board effective immediately; independent director Walt Rosebrough was elected Executive Chair and will oversee day-to-day operations until a permanent CEO is appointed, with a search underway led by Russell Reynolds. White will remain employed as a strategic advisor through April 1, 2027. Shlomi Nachman joins the Board as an independent director effective December 8, 2026, and Barbara Carbone, Colleen Jay, and Robert Weiss intend not to stand for reelection at the 2027 Annual Meeting. The company reaffirmed full-year fiscal 2026 guidance.