TransUnion stock falls after CFO announces departure
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Investing.com -- TransUnion (NYSE: TRU) shares dropped 2.9% in premarket trading Thursday following the announcement that Chief Financial Officer Todd Cello will step down after 29 years with the company.
Cello will remain in his role as CFO through December 31, 2026, and will then serve as a full-time advisor until March 1, 2027, to support the transition to his successor. The company said it has initiated a search for its next CFO in partnership with an executive search firm.
TransUnion reaffirmed its third quarter and full-year 2026 guidance for revenue, Adjusted EBITDA, and Adjusted Diluted Earnings Per Share. The company maintained its financial outlook despite the leadership change.
Chris Cartwright, President and Chief Executive Officer, acknowledged that Cello has guided TransUnion through many defining moments and that his commitment to the company will leave a strong, positive legacy. Cartwright added that TransUnion remains well positioned for the future and confident in its ability to deliver long-term value for customers, associates, and shareholders.
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