CPI Card Group Announces CFO Departure and Interim Successor
PMTS is trading near its 52-week low of $10.81 (5.3% above the low).
Summary
CPI Card Group announced that its CFO, Jeffrey Hochstadt, has stepped down, with Terra Grantham appointed as Interim CFO, supported by a transition period.
Key Events · Executive and Board Changes · PMTS
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Chief Financial Officer Departs
Jeffrey Hochstadt ceased serving as Chief Financial Officer of CPI Card Group Inc. effective February 13, 2026.
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Interim CFO Appointed
Terra Grantham, Senior Vice President, Enterprise Strategy and Growth, has been appointed Interim Chief Financial Officer, effective February 13, 2026.
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Transition Period for Outgoing CFO
Mr. Hochstadt will continue with the company in an advisory capacity through June 30, 2026, to assist with the CFO transition.
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Interim CFO's Extensive Experience
Ms. Grantham joined the company in 2017 and has over 25 years of experience in senior finance, strategy, and product development roles.
Analysis · PMTS · Manufacturing
CPI Card Group Inc. announced the departure of its Chief Financial Officer, Jeffrey Hochstadt, effective February 13, 2026. While a CFO change can introduce uncertainty, the company has appointed Terra Grantham, a seasoned internal executive with extensive finance and strategy experience, as Interim CFO. Furthermore, Mr. Hochstadt will remain with the company in an advisory capacity until June 30, 2026, ensuring a structured transition. This planned approach helps mitigate potential disruption, though the search for a permanent CFO will be a key area for investors to monitor.
How filings like this one have moved
In the 30 days to Sep 13, 2026, 29.5% of the 1672 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.22%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PMTS was trading at $11.38 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $129.6M. The 52-week trading range was $10.81 to $34.25. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.