CaliberCos Inc. (Nasdaq: CWD) has announced significant changes to its Board of Directors as it prepares for its upcoming 2026 Annual Meeting of Stockholders. On March 31, 2026, the company revealed that Dan Hansen and Michael Trzupek will not stand for re-election at the meeting scheduled for May 14, 2026. Both directors will continue to serve until the meeting date, ensuring a smooth transition. Their decisions to step down were not due to any disagreements with the company regarding its operations or policies. In light of these changes, the Board has approved a reduction in its size to five directors, which is expected to enhance governance and operational efficiency. The company has nominated J. Alan Reid, Jr. as an independent director to join the Board, bringing extensive experience in asset management and digital asset governance. Reid's nomination is part of a planned transition aimed at strengthening the Board's capabilities as CaliberCos continues to evolve in the real estate and digital asset management sectors. The company expressed gratitude for the contributions of Hansen and Trzupek, highlighting their roles in the company's growth and strategic direction. This restructuring is anticipated to positively influence the company's governance and operational execution, aligning with its strategic outlook for future growth.

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