On March 15, 2026, QXO, Inc. disclosed in its Form 8-K filing that Sean Smith, the Chief Accounting Officer, has resigned effective immediately to pursue employment closer to his family. The company has stated that Mr. Smith will assist in an advisory capacity until June 30, 2026, to ensure a smooth transition. Importantly, his departure was not due to any disagreements regarding the company's accounting practices or internal controls. Following this, on March 16, 2026, QXO appointed Robert Loughran as the Interim Chief Accounting Officer. Mr. Loughran brings a wealth of experience, having previously served as Chief Financial Officer at Greenidge Generation Holdings and held various senior roles at Avon Products. The company is currently searching for a permanent replacement for the Chief Accounting Officer position. This leadership change is expected to have a neutral impact on the company's operations and financial reporting, as the transition is being managed carefully to maintain continuity.

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