Departure and appointment · 2 October 2026
VERRA MOBILITY Corp
VRRM · Listed
Key facts
- How the CEO left
- Resignation
- Planned or abrupt
- Planned
- Successor
- External hire
- Outgoing CEO stays as
- Adviser
- Signs it was forced
- Yes
- Other news alongside
- None
- Effective
- 1 November 2026
- Reason given
- to pursue other opportunities
Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.
The announcement
On September 30, 2026, the Board of Directors (the “Board”) of Verra Mobility Corporation (the “Company”) appointed Jon Newhard as President and Chief Executive Officer of the Company, effective November 1, 2026 (the “Commencement Date”) and as a member of the Board, effective as of the same date.
Mr. Newhard’s appointment as President and Chief Executive Officer of the Company and as a member of the Board are contingent upon the completion of a customary background check.
In connection with his appointment, VM Consolidated, Inc., a wholly-owned subsidiary of the Company, entered into an employment agreement with Mr. Newhard (the “Employment Agreement”), dated as of October 1, 2026, pursuant to which Mr. Newhard will serve as President and Chief Executive Officer.
There are no arrangements or understandings between Mr. Newhard and any other person pursuant to which Mr. Newhard was appointed as President and Chief Executive Officer and a director of the Company.
Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗
Share price reaction
The filing reached SEC EDGAR on 2 October 2026 at 20:40 New York time, after the market closed, so day 0 is the next trading day, 5 October 2026. Day 0 is marked by the vertical line.
| Window | VRRM | S&P 500 | Abnormal |
|---|---|---|---|
| Days 0 to +1 | +0.4% | +1.2% | +1.3% |
| Days 0 to +3 | +3.9% | +0.6% | +6.3% |
| 1 month (days 0 to +21)so far, 17 of 22 days | +11.7% | +0.0% | +22.5% |
| 3 months (days 0 to +63)so far, 17 of 64 days | +11.7% | +0.0% | +22.5% |
The abnormal return is the stock's return beyond what its usual relationship with the market (beta 0.26) predicts. A single stock's move can reflect other news on the same days, so it describes what happened rather than measuring the effect of the CEO change; averages across many events are on the Research design page as they are completed.
News coverage
No matching headlines found. Coverage is thinner for smaller companies.