StockWatch
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Real Estate
Management ChangeJun 5, 2026, 05:01 PM

Caliber CFO Jade Leung Departs; Michael Rosales Named Acting CFO

AI Summary

Caliber announced that Jade Leung will step down as Chief Financial Officer, capping an eleven-year tenure during which he helped lead the company through its IPO. The company reaffirmed its full-year 2026 guidance, stating the transition does not affect its strategy or financial outlook. Michael Rosales, who has overseen the company's accounting and financial reporting, has been appointed Acting Chief Financial Officer, effective June 14, 2026. The Board has initiated a search for a permanent CFO.

Key Highlights

  • Jade Leung will step down as Chief Financial Officer after an eleven-year tenure.
  • Michael Rosales appointed as Acting Chief Financial Officer, effective June 14, 2026.
  • Mr. Rosales previously served as Senior Vice President of Accounting, Financial Reporting & Tax.
  • Caliber reaffirms its full-year 2026 guidance.
  • The Board of Directors has commenced a search for a permanent CFO.
  • The change is not due to any disagreement with the Company's operations or financial reporting.