Verra Mobility appoints Jon Newhard CEO effective Nov 1, 2026; Jon Keyser exits interim role

VERRA MOBILITY Corp

Newhard, 57, was CEO of Yunex Traffic GmbH from March 2024 to September 2026 and previously led Clinc and Trafficware.
Employment agreement: $725,000 base salary, 100% bonus target, $4,000,000 annual equity target, plus $25,000 sign-on bonus.
Inducement RSU award of $4,750,000 vests in three equal annual installments beginning on the first anniversary of the Nov 1, 2026 start date.
Severance: 18 months salary without cause; 24 months salary, 2.0x bonus target and full equity acceleration if within 12 months post-Change in Control.
Interim CEO Jon Keyser will serve in an advisory role until December 31, 2026; severance terms are still being negotiated.

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