TransUnion filed a current report on Form 8-K on September 23, 2026, disclosing that Executive Vice President and Chief Financial Officer Todd M. Cello notified the company on September 19, 2026, of his intent to resign effective December 31, 2026, and detailing the terms of a Transition and Separation Agreement entered into on that same date.

Key Highlights

  • Resignation effective date: Todd M. Cello will resign as Executive Vice President and Chief Financial Officer on December 31, 2026.
  • Transition services: Cello agreed to continue providing transition services through March 1, 2027.
  • Base salary and benefits: Under the Transition Agreement, Cello is eligible for his existing base salary through March 1, 2027, and benefits through March 31, 2027.
  • COBRA and outplacement: Subject to signing a general release of claims, Cello is eligible for up to 18 months of company-funded COBRA continuation coverage and outplacement services for up to one year with a maximum value of $35,000.
  • PSU vesting: Performance share units issued to Cello on February 28, 2024 will continue to vest per their terms, provided he remains employed through February 28, 2027.
  • No disagreement: According to the filing, "Mr. Cello's resignation is not related to a disagreement with the Company on any matter relating to the Company's operations, policies or practices."
  • CFO search: The company disclosed it will conduct a comprehensive search for a replacement, and the Board is expected to appoint an interim CFO if no replacement is hired by December 31, 2026.

TransUnion CFO Departure Terms and Transition Arrangements

TransUnion (NYSE:TRU) disclosed in its September 23, 2026, filing that Cello notified the company on September 19, 2026, of his planned departure. The Transition and Separation Agreement, dated September 23, 2026, sets out the compensation and service terms governing the period between his resignation date and the conclusion of his transition services on March 1, 2027.

According to the filing, Cello will be eligible for his 2026 annual incentive bonus, subject to company and individual performance, provided he remains employed through the Transition Date of December 31, 2026. The Transition Agreement specifies that all payments are "subject to and contingent on Mr. Cello's agreement to, and continued compliance with, confidentiality, non-solicitation, non-disparagement, cooperation, non-disclosure and other restrictive covenants." During the Transition Period, the filing states Cello will provide services "in his area of expertise and such other responsibilities as reasonably assigned by the Company's Chief Executive Officer."

The filing also noted, under Item 7.01 (Regulation FD Disclosure), that a press release was furnished as Exhibit 99.1 "announcing Mr. Cello's resignation and reaffirming third quarter and full-year 2026 guidance with respect to revenue, Adjusted EBITDA and Adjusted Diluted Earnings Per Share." The filing was signed by Heather J. Russell, Executive Vice President and Chief Legal Officer.

What Was Disclosed

TransUnion reported the planned resignation of its CFO, the terms of a Transition and Separation Agreement covering salary, benefits, COBRA, outplacement, and PSU vesting, and the company's intent to search for a replacement, with a potential interim CFO appointment if needed.