8-KAccepted Sep 3, 4:05 PM ET
Resources Connection, Inc. CFO Resigns; Interim CFO Jessica Block Appointed
Accepted (ET)
4:05 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
15
Size
332.6 KB
Summary
Resources Connection, Inc. CFO Resigns; Interim CFO Jessica Block Appointed
What Happened
Resources Connection, Inc. (RGP) filed an 8-K reporting that Executive Vice President and CFO Jennifer Y. Ryu submitted her resignation on September 1, 2026, effective October 2, 2026. Effective October 3, 2026, Jessica Block (age 45), currently the Company’s Chief AI Officer, will serve as Interim Chief Financial Officer and principal financial and accounting officer. Ms. Block joined RGP in March 2026 and previously served in senior roles at Factor Law, Inc. (including interim CFO Jan 2023–Jan 2024) and Ankura Consulting Group.
Key Details
- Resignation: Jennifer Y. Ryu submitted resignation Sept 1, 2026; effective Oct 2, 2026.
- Interim appointment: Jessica Block becomes Interim CFO effective Oct 3, 2026; will report to the CEO.
- Employment agreement: Ms. Block entered into an employment agreement dated Feb 2, 2026 (term Mar 30, 2026–Mar 30, 2029, auto-renews annually unless non-renewed).
- Pay and incentives: $450,000 annual base salary; fiscal 2027 target bonus $350,000; eligible for annual equity awards and standard executive benefits.
- Severance/termination terms: If terminated without Cause (or resigns for Good Reason) or on death/permanent disability, Ms. Block may receive (subject to a release) unpaid incentive pay for the last fiscal year, a lump sum equal to one times base salary (or one times base salary plus target incentive for certain terminations), and accelerated vesting of outstanding equity awards. No tax gross-up for excise taxes.
- Independence/other disclosures: No arrangements or understandings led to her selection, no family relationships with company officers/directors, and no reportable related-party transactions. The Company has not paid Ms. Block any additional amounts for serving as interim CFO.
Why It Matters
A CFO transition affects financial leadership and continuity of reporting oversight. Investors should note the immediate interim appointment of an internal executive with prior interim CFO experience, limiting near-term disruption. The employment agreement establishes Ms. Block’s compensation and potential severance obligations (notably the one-times salary or salary-plus-target incentive protections), which could be relevant if she remains in the CFO role or if termination occurs. The company disclosed these facts via an 8‑K and an accompanying press release.