Turning Point Brands CEO Resigns; Executive Chairman Named CEO

What Happened

• Turning Point Brands, Inc. (TPB) announced in an 8-K and press release dated September 21, 2026, that President and CEO Graham Purdy has resigned for personal reasons, effective September 30, 2026. The company said his resignation was not due to any disagreement with the company or the Board. The Board appointed Executive Chairman David E. Glazek as Chief Executive Officer effective October 1, 2026.

Key Details

• Graham Purdy’s resignation effective date: September 30, 2026.
• David E. Glazek becomes CEO effective: October 1, 2026; he has been Executive Chairman since 2023 and a director since 2012.
• Glazek, age 48, currently chairs National CineMedia (NCMI) and is an Adjunct Professor at Columbia Business School; prior roles include positions at Lazard, Standard General LP, and the Blackstone Group.
• Company disclosed no arrangements or understandings related to Glazek’s selection, no family relationship with other executives or directors, and no reportable related-party transaction under Item 404(a).

Why It Matters

• This is a top-level leadership change at TPB with immediate effect; appointing the existing Executive Chairman as CEO suggests continuity in governance and strategy rather than an external hire. Investors should note the timing and leadership transition when evaluating upcoming disclosures, strategy updates, or guidance from the company. The filing contains no indication of disagreement or governance issues prompting the change.