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Chime8-K: CFO change

Chime CFO Matthew Newcomb to depart; President Mark Troughton named Interim CFO amid 10% workforce reduction.

What happened

The immediate departure of the CFO coincides with a major reorganization to improve operational efficiency, which includes a 10% workforce reduction costing $16-20M.

Source

SEC EDGARAug 5, 2026

Current report (Form 8-K)

Chime 8-K

Filing excerpt

On August 5, 2026, the Company announced that Matthew Newcomb will step down from his position as the Company’s Chief Financial Officer, effective August 7, 2026.

sec.gov/Archives/edgar/data/1795586/000179558626000046/chym-20260731.htmRead the full source

Other signals in this filing (1)

Extracted by Autobound

From the Signal API record
Signal
8-K: CFO change

What this signalsA new leader often reviews the tools the team uses.

Form
8-K
Fiscal year end
07/31
Filed
Aug 5, 2026

The full record

From the Signal API record

Numbers

Dollar figure
$18M (estimated net cash restructuring charges)
Percent
10% (reduction of total workforce)

Details

CIK
1795586
Accession number
0001795586-26-000046
Timeframe
Current quarter
Filing year
2026
Why it matters
Budget/procurement review
Signal category
Leadership

Extraction

Confidence
High
Relevance
100%
Sentiment
Negative
Detected
Aug 11, 2026
signal_type
sec-8k
signal_subtype
cfoChange

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The API returns more than this page shows

This page shows a preview. The full sec-8k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/30734365-fb8b-44d6-9c05-dedc481c3012 returns this record as JSON. POST /v1/companies/enrich returns every signal for chime.com.

{
  "signal_id": "30734365-fb8b-44d6-9c05-dedc481c3012",
  "signal_type": "sec-8k",
  "signal_subtype": "cfoChange",
  "detected_at": "2026-08-11T08:04:08.726+00:00",
  "company": {
    "name": "Chime",
    "domain": "chime.com"
  },
  "data": {
    "detail": "The immediate departure of the CFO coincides with a major reorganization to improve operational efficiency, which includes a 10% workforce reduction costing $16-20M. This dual disruption creates a critical window to introduce solutions for financial process automation, strategic planning, and cost management to both the interim and incoming permanent CFO.",
    "metrics": {
      "pct": 0.1,
      "timeframe": "current_quarter",
      "pct_context": "reduction of total workforce",
      "dollar_context": "estimated net cash restructuring charges",
      "dollar_millions": 18
    },
    "summary": "Chime CFO Matthew Newcomb to depart; President Mark Troughton named Interim CFO amid 10% workforce reduction.",
    "excerpts": "On August 5, 2026, the Company announced that Matthew Newcomb will step down from his position as the Company’s Chief Financial Officer, effective August 7, 2026.",
    "relevance": 1,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1795586/000179558626000046/chym-20260731.htm",
    "filing_date": "2026-08-05",
    "filing_year": 2026,
    "fiscal_year_end": "07/31",
    "sales_relevance": "Budget/procurement review",
    "signal_category": "leadership"
  }
}

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