Ridgepost Capital, Inc. (NYSE: RPC) has announced the retirement of Mark Hood from his position as Executive Vice President and Chief Administrative Officer, effective May 31, 2026. Hood has been a pivotal figure in the company since its IPO in October 2021, contributing significantly to its growth and operational strategies. In connection with his retirement, Ridgepost Capital has entered into a separation and release agreement with Hood, which includes a one-time separation payment of $125,000, contingent upon the execution of a general waiver and release of claims. Additionally, Hood will continue to provide consulting services to the company from June 1, 2026, through March 31, 2027, for a monthly fee of $15,000. This arrangement aims to ensure a smooth transition and continuity in leadership as the company seeks to fill the role of Chief Administrative Officer. The company has initiated a search process to strengthen its operational leadership. The announcement reflects Ridgepost's commitment to maintaining stability during this leadership change, as Hood's extensive experience will be leveraged during the transition period. The company is also focused on its strategic initiatives and operational execution as it moves forward in the private markets sector.

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