leadership
confidence high
sentiment neutral
materiality 0.50
QXO CAO Sean Smith resigns; Robert Loughran named interim CAO
QXO, Inc.
- Sean Smith resigned as Chief Accounting Officer effective March 15, 2026; will serve as advisor through June 30, 2026.
- Robert Loughran, 61, appointed Interim CAO effective March 16, 2026; previously partner at Elm Street Advisors and former CFO of Greenidge Generation.
- Departure not due to disagreement on accounting principles, financial statements, or internal controls.
- Smith will continue to receive base salary, prorated bonus eligibility, and prorated equity vesting during transition.
- Company has initiated search for a permanent CAO.