CFO Resigns; Chief Accounting Officer Appointed Interim CFO
CNNE sits 39% above its 52-week low of $10.46.
Summary
Cannae Holdings announced the resignation of its Executive Vice President and Chief Financial Officer, Bryan D. Coy, and the appointment of Brett A. Correia, the Chief Accounting Officer, as interim CFO.
Key Events · Executive and Board Changes · CNNE
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CFO Resignation
Bryan D. Coy resigned from his position as Executive Vice President and Chief Financial Officer on June 10, 2026. The company stated his resignation was not due to any disagreement.
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Interim CFO Appointed
Brett A. Correia, who has served as Cannae's Chief Accounting Officer since August 2019, was appointed interim Chief Financial Officer, effective June 10, 2026.
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Severance Package
In connection with his resignation, Mr. Coy will receive accelerated vesting of 21,327 restricted shares and up to six months of base salary.
Analysis · CNNE · Trade & Services
This filing officially confirms the departure of a key executive and the immediate appointment of an internal interim replacement. While the company states the resignation was not due to disagreements, a change in the CFO role is always a notable event, particularly for a company that has recently undergone significant governance reforms and reported on internal controls. The appointment of an internal candidate as interim CFO provides continuity but also indicates a potential ongoing search for a permanent leader.
At the time of this filing, CNNE was trading at $14.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $643.7M. The 52-week trading range was $10.46 to $21.96. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.