Neighborhood Intelligence, Inc. (Nasdaq: NXH) announced on October 5, 2026, that Paul Kosturos has been appointed as Interim Chief Financial Officer. Mr. Kosturos succeeds Brian LaRose, who tendered his resignation effective October 5, 2026. Mr. Kosturos, age 61, is a Managing Director at Alvarez & Marsal Private Equity Performance Improvement Group, LLC, where he has worked since 2009. He specializes in interim CFO assignments, mergers and acquisitions integrations, and financial restructuring.
Mr. Kosturos joins a finance team that has been recently expanded to include Jill Windrum as Chief Accounting Officer and Deputy CFO, and Emma Haugh as Retail CFO. The Company has also expanded its strategic relationship with Alvarez & Marsal to provide specialized expertise across finance and accounting, technology consolidation, and organizational structure.
The filing details significant progress in the integration of The Container Store, which closed on July 11, 2026. Year-to-date, the combined companies have removed more than $50 million in SG&A expenses. The Company has identified at least an additional $30 million in savings opportunities through contract consolidation, technology consolidation, and organizational simplification. As part of the integration strategy, Neighborhood Intelligence has reconfigured its supply chain team and strategy to improve inventory flow and distribution efficiency. The Company has also begun exiting several dozen locations, with those closures expected to be completed by year-end.
Neighborhood Intelligence has retained ICR to lead its investor relations efforts to increase financial and operational transparency. The Company describes itself as a data and technology company organized around three pillars: Omni-Channel Retail, Home Services, and Home Ownership.
