RGP CFO Jennifer Ryu Steps Down; Chief AI Officer Jessica Block to Serve as Interim CFO
RGP sits 37% above its 52-week low of $3.055.
Summary
RGP's CFO resigned effective October 2, 2026, and Chief AI Officer Jessica Block will become interim CFO on October 3. The change comes during a period of covenant breaches, negative EBITDA, and a material weakness in internal controls.
Key Events · Executive and Board Changes · RGP
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CFO Resignation
Jennifer Y. Ryu resigned as EVP and CFO effective October 2, 2026, after the company breached debt covenants and reported a $40.6M net loss.
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Interim CFO Appointment
Jessica Block, age 45, currently Chief AI Officer, becomes Interim CFO effective October 3, 2026, and will assume principal financial and accounting officer duties.
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Interim CFO Compensation
Block's employment agreement provides a $450,000 base salary, $350,000 target bonus for fiscal 2027, and a 200,000 restricted stock unit new-hire award vesting over three years.
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Financial Distress Context
The transition follows Q4 revenue down 24%, negative Adjusted EBITDA, covenant breaches, and a material weakness in internal controls disclosed in the July 2026 10-K.
Analysis · RGP · Trade & Services
CFO Jennifer Ryu resigned effective October 2, 2026, and Jessica Block — currently Chief AI Officer — will step in as interim CFO on October 3. The transition comes amid severe financial distress: Q4 revenue fell 24%, Adjusted EBITDA turned negative, the company breached debt covenants, and the 10-K disclosed a material weakness in internal controls and a $40.6M net loss. Losing the CFO during a covenant breach and control remediation period adds execution risk, though the company moved quickly to name an internal successor with prior interim CFO experience.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. 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, RGP was trading at $4.18 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $146M. The 52-week trading range was $3.06 to $5.55. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.