Management ChangeOct 30, 2026, 04:07 PM
Verra Mobility Appoints Matthew Kvarda Interim CFO
AI Summary
Verra Mobility Corporation announced the appointment of Matthew Kvarda as Interim Chief Financial Officer, effective November 5, 2026. Kvarda, currently a Managing Director at Alvarez & Marsal North America, LLC, will succeed Craig Conti. Alvarez & Marsal will also provide consulting services to the company on liquidity, business plan, and financial reporting matters. Kvarda will remain an employee of Alvarez & Marsal and will not receive direct compensation from Verra Mobility.
Key Highlights
- Matthew Kvarda appointed Interim Chief Financial Officer of Verra Mobility, effective November 5, 2026.
- Kvarda succeeds Craig Conti, who resigns as EVP and CFO effective November 4, 2026.
- Kvarda is a Managing Director at Alvarez & Marsal North America, LLC.
- Alvarez & Marsal will provide consulting services for $150,000-$180,000 per month plus expenses.
- Aggregate fees to Alvarez & Marsal capped at $1,890,000 through October 31, 2027.
- Kvarda will not receive direct compensation from Verra Mobility and will remain an A&M employee.
Price Impact
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