XBP Chairman Par Chadha Will Not Seek Re-election at Next Annual Meeting
XBP Global Holdings, Inc. (Nasdaq: XBP) disclosed on October 20, 2026, that Par Chadha, the company's Chairman of the Board, will not stand for re-election to the board at the next annual meeting of stockholders. The company filed a Form 8-K with the U.S. Securities and Exchange Commission on October 26, 2026, to report this development under Item 5.02(b).
XBP Global Holdings, Inc. (Nasdaq: XBP) disclosed on October 20, 2026, that Par Chadha, the company's Chairman of the Board, will not stand for re-election to the board at the next annual meeting of stockholders. The company filed a Form 8-K with the U.S. Securities and Exchange Commission on October 26, 2026, to report this development under Item 5.02(b).
Chadha, who has served as both chairman and director, stated that his decision not to seek re-election was not the result of any disagreement with the company regarding its operations, policies, or practices. He will continue to serve in his current role until the expiration of his term, unless he resigns earlier. The company acknowledged Chadha's years of service and contributions to XBP Global Holdings and its predecessor entities in the filing.
The filing identifies XBP Global Holdings, Inc. as a Delaware corporation with its principal executive offices at 6641 N. Belt Line Road, Suite 100, Irving, Texas 75063. The company’s common stock, designated by the ticker symbol XBP, is registered on the Nasdaq Capital Market. Additionally, the company has redeemable warrants trading under the symbol XBPEW on the same exchange; each ten warrants are exercisable for one share of common stock at an exercise price of $115.00.
The Form 8-K was signed by Dejan Avramovic, Chief Financial Officer of XBP Global Holdings, Inc., on behalf of the registrant. The document notes that the report date is October 20, 2026, while the signature date is October 26, 2026. No other changes in officer appointments or compensatory arrangements were detailed in the specific section regarding Chadha's departure from the re-election process.
Filed by the newsroom of MarketPR on October 26, 2026. Source: sec.gov. Indicative figures are not investment advice.