Upland Software CFO Retires; Internal Executive Appointed Interim CFO
UPLD sits 27% above its 52-week low of $4 on light trading volume (0.1× avg).
Summary
Upland Software announced the retirement of its CFO, Michael D. Hill, effective July 27, 2026, and appointed David Tamez, a long-time company executive, as Interim CFO.
Key Events · Executive and Board Changes · UPLD
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CFO Retirement Announced
Michael D. Hill, Chief Financial Officer, notified the board of his intention to retire, effective July 27, 2026. The company stated his decision was not due to any disagreements.
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Interim CFO Appointed
David Tamez, who has served as Senior Vice President, Treasury Management since June 2023 and previously as VP, Accounting and Corporate Controller, was appointed Interim CFO, effective July 27, 2026.
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Search for Permanent Successor
The Board has initiated a search process to identify a permanent successor for the Chief Financial Officer role.
Analysis · UPLD · Technology
The retirement of a Chief Financial Officer is a significant executive change, especially for a micro-cap company like Upland Software, which recently underwent a reverse stock split and announced a new CEO. While the company stated the departure was not due to disagreements, it adds to the ongoing leadership transitions. The appointment of an experienced internal candidate as interim CFO provides some stability during the search for a permanent successor.
At the time of this filing, UPLD was trading at $5.07 on NASDAQ in the Technology sector, with a market capitalization of approximately $14.9M. The 52-week trading range was $4.00 to $39.10. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.