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Verra Mobility Corporation appointed Matthew Kvarda as interim CFO and principal financial officer effective November 5, 2026, succeeding Craig Conti, who resigns November 4, 2026. The Board is conducting a search for a permanent CFO with Spencer Stuart.
VERRA MOBILITY Corp increased nine-month revenue by $24.8 million, or 3.4%, to $746.0 million, but recorded $64.0 million of goodwill and $40.4 million of intangible impairments; third-quarter revenue fell 1.2% and net income fell 13.8%.
Verra Mobility reported third-quarter revenue of $258.9 million and net income of $40.4 million, reaffirmed 2026 guidance, terminated its Avis Budget Group contract effective January 30, 2027, and appointed Jon Newhard CEO and Matthew Kvarda interim CFO.
Verra Mobility said Craig Conti will resign as Executive Vice President and Chief Financial Officer effective November 4, 2026; it will report third quarter 2026 results on October 30, 2026 and reaffirmed its 2026 full-year outlook.
Verra Mobility Corporation appointed Jon Newhard President and CEO effective November 1, 2026; Jon Keyser’s separation provides $650,000 salary through December 31, 2026, $650,000 severance, vesting of a $2,250,000 RSU award, and payment of $2,200,110.
Verra Mobility Corporation appointed Jon Newhard as President and Chief Executive Officer and director effective November 1, 2026, contingent on a background check, and expanded the board from six to seven directors. His annual base salary is $725,000.
