XBP Global Holdings, Inc. filed a Form 8-K on October 26, 2026, disclosing that Par Chadha, Chairman of the Board of Directors, notified the company on October 20, 2026, that he will not stand for re-election at the company's next annual meeting of stockholders.

Key Highlights

  • Notification date: Par Chadha informed XBP Global Holdings of his decision on October 20, 2026.
  • Role affected: Chadha currently serves as Chairman of the Board of Directors.
  • No disagreement cited: According to the filing, the decision "was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices."
  • Continued service: Chadha will remain as Chairman and a director until the expiration of his current term, unless he resigns earlier.
  • Signed by CFO: The filing was signed by Dejan Avramovic, Chief Financial Officer, dated October 26, 2026.

Par Chadha's Planned Board Departure at XBP Global Holdings

XBP Global Holdings, Inc. (NASDAQ:XBP) disclosed in a Form 8-K filed October 26, 2026, that Par Chadha, who serves as Chairman of the Board, notified the company on October 20, 2026, that he will not seek re-election to the Board at the company's next annual meeting of stockholders. The filing was made under Item 5.02(b), which covers departures of directors or certain officers.

According to the filing, Chadha's choice not to stand for re-election was not connected to any dispute with the company. The registrant stated his decision "was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices." The company noted that Chadha will continue in his current roles as Chairman and director until his term expires, with the possibility of an earlier departure if he resigns before that date.

The filing closed with the company thanking Chadha "for his years of service and many contributions to the Company and its predecessor entities." The report was executed on behalf of the registrant by Chief Financial Officer Dejan Avramovic. XBP Global Holdings is a Delaware-incorporated company headquartered at 6641 N. Belt Line Road, Suite 100, Irving, Texas 75063. Its common stock and redeemable warrants are both listed on the Nasdaq Capital Market under the symbols XBP and XBPEW, respectively.

What Was Disclosed

XBP Global Holdings reported that Board Chairman Par Chadha notified the company on October 20, 2026, that he will not stand for re-election at the next annual stockholder meeting. No disagreement with the company was cited. He will remain in his current role until his term ends or he resigns earlier.