The CFO departure at a company already in a steep operational decline, combined with only an interim replacement, signals potential further deterioration. Watch for the permanent CFO search timeline and the Q3 2026 10-Q filing for actual quarterly results and cash flow trends.
Price Chart
Executive Summary
CFO Samantha Stoddard resigns effective November 13, 2026, to pursue an external opportunity; CAO Jeffrey Embt appointed as Interim CFO. The company reaffirms its previously lowered full-year 2026 guidance of $3.1B-$3.2B revenue and $120M-$150M Adjusted EBITDA, which implies a significant year-over-year decline from 2025 revenue of ~$4.1B and Adjusted EBITDA of ~$420M.
Key Facts
- CFO Samantha Stoddard resigns effective November 13, 2026, to pursue an external opportunity outside building products industry
- Jeffrey Embt (VP & CAO, age 45) appointed Interim CFO effective November 13, 2026, while continuing as CAO
- Embt receives additional cash compensation of $10,000 per month and target incentive award increased to 50% of base salary
- Company reaffirms full year 2026 guidance: revenue of $3.1 billion to $3.2 billion and Adjusted EBITDA of $120 million to $150 million
- Guidance implies a steep year-over-year decline from 2025 revenue of ~$4.1B and Adjusted EBITDA of ~$420M
Financial Impact
Full year 2026 revenue guided to $3.1B-$3.2B (down ~$1B from 2025) and Adjusted EBITDA guided to $120M-$150M (down ~$270M from 2025), representing a severe operational deterioration
Risk Factors
- CFO departure at a time of severe earnings decline raises governance and execution risk
- Interim CFO has limited tenure at the company (joined Jan 2026) and no prior experience as CFO of a public building products company
- Guidance of $120M-$150M Adjusted EBITDA on $3.1B-$3.2B revenue implies razor-thin margins (~4%) and potential covenant pressure on $1.4B+ debt load
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001674335-26-000129 |
| Exhibit: exhibit991cfotransition-.htm | 0001674335-26-000129 |
| Document: 0001674335-26-000129-index-headers.html | 0001674335-26-000129 |
| Document: 0001674335-26-000129-index.html | 0001674335-26-000129 |
| Document: 0001674335-26-000129.txt | 0001674335-26-000129 |
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Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | Press Release | $1.28 | awaiting T+5 | — | $1.41 (+10.16%) |
Oct 19, 2026 8d ago | 8-K | $1.25 $1.41 | ▼ −12.80% | ▼ −12.72% | $1.41 (−12.80%) |
Oct 19, 2026 8d ago | Press Release | $1.25 $1.41 | ▼ −12.80% | ▼ −12.72% | $1.41 (−12.80%) |
Oct 19, 2026 8d ago | SC 13G | $1.35 $1.42 | ▲ +5.19% | ▲ +5.33% | $1.41 (+4.44%) |
Sep 29, 2026 28d ago | 8-K | $1.99 $1.82 | ▼ −8.54% | ▼ −10.49% | $1.41 (−29.15%) |
Aug 3, 2026 12w ago | Press Release | $1.81 $1.89 | ▲ +4.42% | ▲ +4.52% | $1.41 (−22.10%) |
Jun 11, 2026 19w ago | Institutional Cluster | $1.79 $1.67 | ▼ −6.70% | ▼ −7.14% | $1.41 (−21.23%) |
May 11, 2026 24w ago | 144 | $1.61 $1.50 | ▼ −6.83% | ▼ −6.75% | $1.41 (−12.42%) |
May 4, 2026 25w ago | 8-K | $1.64 $1.61 | ▲ +1.83% | ▲ +3.81% | $1.41 (+14.02%) |
Apr 24, 2026 26w ago | 8-K | $1.53 $1.39 | ▼ −9.15% | ▼ −9.55% | $1.41 (−7.84%) |
US Market Status
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