{"id":971233,"date":"2026-06-05T17:03:21","date_gmt":"2026-06-05T21:03:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/caliber-announces-cfo-transition\/"},"modified":"2026-06-05T17:03:21","modified_gmt":"2026-06-05T21:03:21","slug":"caliber-announces-cfo-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/caliber-announces-cfo-transition\/","title":{"rendered":"Caliber Announces CFO Transition"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SCOTTSDALE, Ariz., June  05, 2026  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=04lA2-IiZM1K-KOm0NcFm7SEK4xVYRY2-sFltcgwzbPCLF7gOZe09KjkeZM7R1bJIH7KGd14rmGr7H2gXzLTQVK6KcTRe6vJA8pxUndp9XwoJqD7UOV0UAWrl9CFgalOnWdzaujGKyanbX4z-isv1cXzm0ADvWbtHh2osqONCrYMMxRW0X2rK7Qs1wJAGxBj9oNGpI-lJME0niSIL4XRkoVDepfbt3vkyX9c6wEtdDA=\" rel=\"nofollow\" target=\"_blank\">Caliber<\/a> (Nasdaq: CWD), a diversified real estate and digital asset management platform, today announced that Jade Leung will step down as Chief Financial Officer to pursue a new opportunity, capping an eleven-year tenure during which he built Caliber\u2019s finance organization and helped lead the Company through its initial public offering. Mr. Leung will support an orderly transition. The change is not the result of any disagreement with the Company on any matter relating to its operations, accounting policies, practices, or financial reporting. Caliber reaffirms the full-year 2026 guidance issued on its first quarter 2026 earnings call, and the transition does not affect the Company\u2019s strategy or financial outlook.<\/p>\n<p align=\"justify\">Caliber also announced the appointment of Michael Rosales as Acting Chief Financial Officer, effective June 14<sup>th<\/sup>, 2026. Having overseen the Company\u2019s accounting, financial reporting, and tax functions for several years, Mr. Rosales brings extensive knowledge of Caliber\u2019s financial operations and is well positioned to ensure continuity during the transition. Mr. Rosales joined Caliber in October 2020 and has advanced through a series of leadership roles of increasing responsibility, including Director of Financial Reporting &amp; Technical Accounting, Corporate Controller, and most recently Senior Vice President of Accounting, Financial Reporting &amp; Tax, a position he has held since April 2025. Prior to joining Caliber, Mr. Rosales spent 16 years in public accounting, serving in audit and assurance roles of increasing responsibility, including Senior Manager at Grant Thornton. He also held positions at PwC and Deloitte. Mr. Rosales is a Certified Public Accountant and earned a Bachelor of Science in Accounting from Arizona State University.<\/p>\n<p align=\"justify\">\u201cJade has been a trusted partner and a steady leader during Caliber\u2019s evolution from a private company, through our IPO, to the public company we are today. He built our finance team and our reporting foundation which is poised to continue to execute well. On behalf of the Board and the entire team, I thank Jade for almost eleven years of dedicated service and wish him every success in his next chapter,\u201d said Chris Loeffler, CEO of Caliber. \u201cMichael has been instrumental to our accounting and reporting for years, and I have full confidence in him as Acting CFO. Caliber\u2019s Board and I are taking a disciplined approach to identifying the right finance leader for Caliber\u2019s next phase of growth.\u201d<\/p>\n<p align=\"justify\">The Caliber Board of Directors has commenced a search for a permanent Chief Financial Officer to lead the next phase of the Company\u2019s growth. Caliber is seeking a finance leader with depth in capital formation and fundraising, real estate fund and project finance, public-company finance, and the execution of Caliber\u2019s digital asset and tokenization strategy. This profile aligns directly with Caliber\u2019s expansion toward a real and digital asset platform and market leader in tokenization of real estate funds. The Board intends to conduct a thoughtful and disciplined search and will consider both internal and external candidates.<\/p>\n<p align=\"justify\">\n        <strong>About Caliber (CaliberCos Inc.)<br \/><\/strong>Caliber (Nasdaq: CWD) is a real estate-focused alternative asset manager with over $2.6 billion in Managed Assets and a 17-year track record investing in middle-market hospitality and multifamily real estate. The Company operates an institutional-quality asset management platform paired with a boutique, hands-on investment approach focused on value creation in underserved market segments. In 2025, Caliber integrated digital asset infrastructure into its platform by investing in LINK, the token underlying Chainlink, a key technology enabling real estate fund tokenization, and is implementing blockchain and tokenization strategies across its investment platform to enhance how assets are financed, owned, and accessed. Investors can participate in Caliber through its publicly traded equity (Nasdaq: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Q7X3gKL0_J8pzm0Bd5VbiJO4Vqm8C4W1seVS680Q7SjjKw4_yyXesuAF9kOBz51y49J59LemsZk6gh68PstuGA==\" rel=\"nofollow\" target=\"_blank\">CWD<\/a>), which provides exposure to both its real estate platform and digital asset holdings, and through its private real estate investment <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ajn5pwcoRhaP9UpdrlRBy0eo5zwhaCX7IuejfqcI2YuNATIH3qQTrhbOA9zYYn5blJanbjjZctVDDXsbOE1XDA==\" rel=\"nofollow\" target=\"_blank\">funds<\/a> for accredited investors and financial professionals.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release contains \u201cforward-looking statements\u201d that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontemplate,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cseek,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201caim,\u201d \u201cshould,\u201d &#8220;will\u201d \u201cwould,\u201d or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company\u2019s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled \u201cRisk Factors\u201d in the final prospectus related to the Company\u2019s public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.<\/p>\n<p align=\"justify\">\n        <strong>CONTACTS<\/strong>:<br \/>Caliber Investor Relations:<br \/>Ilya Grozovsky<br \/>+1 480-214-1915<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EWXP5Cz_LuyAEsQii854RjhEwa1GODqYKQ61BrVJqivxEpy7Q_-e5Ts-rcm170yNO8CEO8MGwQ39oya6lWN6e8N6mMYYGQbPU9MrihsbtIY5hgoPJFKrsepYKm-k3j_K\" rel=\"nofollow\" target=\"_blank\">Ilya.Grozovsky@CaliberCo.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTczMjcxOCM3NjM2OTQzIzIzMDEyNjE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MmMyMzBiYTYtNzVhZS00MDQyLWIyOTItOTY3ZTZiNjZkZWJiLTEzMTI4MTEtMjAyNi0wNi0wNS1lbg==\/tiny\/Caliber.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SCOTTSDALE, Ariz., June 05, 2026 (GLOBE NEWSWIRE) &#8212; Caliber (Nasdaq: CWD), a diversified real estate and digital asset management platform, today announced that Jade Leung will step down as Chief Financial Officer to pursue a new opportunity, capping an eleven-year tenure during which he built Caliber\u2019s finance organization and helped lead the Company through its initial public offering. Mr. Leung will support an orderly transition. The change is not the result of any disagreement with the Company on any matter relating to its operations, accounting policies, practices, or financial reporting. Caliber reaffirms the full-year 2026 guidance issued on its first quarter 2026 earnings call, and the transition does not affect the Company\u2019s strategy or financial outlook. Caliber also announced the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caliber-announces-cfo-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Caliber Announces CFO Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-971233","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caliber Announces CFO Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caliber-announces-cfo-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caliber Announces CFO Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SCOTTSDALE, Ariz., June 05, 2026 (GLOBE NEWSWIRE) &#8212; Caliber (Nasdaq: CWD), a diversified real estate and digital asset management platform, today announced that Jade Leung will step down as Chief Financial Officer to pursue a new opportunity, capping an eleven-year tenure during which he built Caliber\u2019s finance organization and helped lead the Company through its initial public offering. Mr. Leung will support an orderly transition. The change is not the result of any disagreement with the Company on any matter relating to its operations, accounting policies, practices, or financial reporting. Caliber reaffirms the full-year 2026 guidance issued on its first quarter 2026 earnings call, and the transition does not affect the Company\u2019s strategy or financial outlook. 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