TransUnion (NYSE: TRU) announced that Executive Vice President and Chief Financial Officer Todd M. Cello intends to resign from his position effective December 31, 2026. The resignation is not related to any disagreements with the company regarding operations, policies, or practices.
Mr. Cello will remain with the company through the end of the year and will provide transition services until March 1, 2027, to assist with the handover to a successor. The company stated that it has initiated a comprehensive search for a new CFO and expects the Board of Directors to appoint an interim CFO if a replacement is not hired by the Transition Date.
In connection with the departure, TransUnion entered into a Transition and Separation Agreement with Mr. Cello dated September 23, 2026. Under the terms of this agreement, Mr. Cello is eligible for his existing base salary through March 1, 2027, and benefits until March 31, 2027. He is also eligible for his 2026 annual incentive bonus, contingent upon company and individual performance, as long as he remains employed through December 31, 2026.
The filing details that performance share units issued to Mr. Cello on February 28, 2024, will continue to vest according to their terms if he remains employed through February 28, 2027. Additionally, subject to a general release of claims, Mr. Cello is eligible for up to 18 months of company-funded COBRA continuation coverage and outplacement agency services valued at a maximum of $35,000.
TransUnion reaffirmed its third quarter and full-year 2026 guidance for revenue, Adjusted EBITDA, and Adjusted Diluted Earnings Per Share. The company stated that the planned CFO departure is not expected to impact business operations, strategic priorities, long-term financial targets, or capital allocation.
