Management ChangeJun 5, 2026, 05:26 PM
CaliberCos Inc. CFO Jade Leung Resigns; Michael Rosales Named Acting CFO
AI Summary
CaliberCos Inc. announced the resignation of its Chief Financial Officer, Jade Leung, effective June 14, 2026. Leung, who served for nine years, is departing for personal reasons with no disagreements with the company. He will receive a severance package including cash, stock, and accelerated equity vesting. Michael Rosales, currently Senior Vice President of Accounting, Financial Reporting and Tax, has been appointed as the Acting Chief Financial Officer. The company has initiated a search for a permanent CFO.
Key Highlights
- Jade Leung resigns as CFO of CaliberCos Inc. effective June 14, 2026, after nine years in the role.
- Michael Rosales appointed Acting Chief Financial Officer, effective June 14, 2026.
- CaliberCos Inc. to enter a separation agreement with Jade Leung, including $86,584.60 in severance, 100,000 stock shares, and accelerated vesting of 24,441 equity awards.
- The company has commenced a search for a permanent Chief Financial Officer.
Price Impact
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