Concentrix Corp EVP Customer Success to Step Down Dec 31, 2026

What Happened

• Concentrix Corporation (CNXC) announced on September 18, 2026 (8-K filed) that Executive Vice President, Customer Success Cormac Twomey and the company agreed on September 15, 2026 that he will step down from his role effective December 31, 2026.
• The parties entered into an agreement dated September 15, 2026 that provides Mr. Twomey with severance benefits in accordance with the Company’s Amended and Restated Executive Severance Plan and his Service Agreement (effective January 7, 2019). After his separation, Mr. Twomey will provide limited transition support as a consultant for a 60‑day period.

Key Details

• Agreement date: September 15, 2026 (8-K filed September 18, 2026).
• Effective departure: December 31, 2026.
• Post‑departure support: 60‑day consulting engagement.
• Compensation: Severance to be provided per the Company’s Executive Severance Plan and the Service Agreement (no specific dollar amounts disclosed).

Why It Matters

• This is an executive leadership change in a customer-facing role, which could affect customer success operations or client relationships until a successor is named.
• The filing indicates the departure is being handled under existing severance and service agreements, with a short-term consulting arrangement to support transition—no extraordinary payments or disputes are disclosed.
• Investors should note the operational transition and watch for any follow-up disclosures about a replacement or material impacts to customer operations or financial guidance.