QXO appointed Alec Covington to its Board following the Titanium Merger and named Madeline Otero Interim Chief Accounting Officer, effective July 1, 2026.
| IndividualAlec CovingtonMadeline OteroJared KushnerRobert Loughran | RoleDirectorInterim Chief Accounting OfficerDirectorInterim Chief Accounting Officer | Type of ChangeAppointedAppointedResignedDeparted | Effective DateEffective time of the Titanium Merger (date not specified)Close of business on July 1, 2026Effective July 1, 2026Replaced July 1, 2026 (had served since March 15, 2026) | ReasonAppointment pursuant to Merger AgreementAppointment by Company (interim)To focus on other commitments; not due to disagreement with QXONot result of disagreement with Company on accounting matters | Replacement InfoNot disclosedReplaces Robert LoughranNot applicableReplaced by Madeline Otero | Background DetailsHas no family relationship with QXO directors/officers; no material arrangements; standard 2026 non-employee director compensation (pro-rated)Age 51; joined QXO in July 2026 via TopBuild Acquisition; CAO at TopBuild since 2023; 23 years at Tupperware Brands incl. CAO 2021–2023; CPA; B.S. Accounting, Univ. of Puerto Rico; EMBA Rollins College; SEC reporting and M&A experience; initial base salary $400,000, target bonus 65%, target equity $600,000, $500,000 RSU retention awardNot disclosedServed as Interim CAO since March 15, 2026 | Board/Committee Role ChangesCommittee assignment not yet determinedNot disclosedNot disclosedNot disclosed |
Original SEC Filing:
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