PMTS · CPI Card Group Inc.

Summary

CPI Card Group Inc. announced on February 13, 2026, that Jeffrey Hochstadt ceased serving as Chief Financial Officer effective that date and will continue in an advisory capacity until June 30, 2026, eligible for severance under existing guidelines. Terra Grantham was appointed Interim Chief Financial Officer in addition to her current role as Senior Vice President, Enterprise Strategy and Growth.

Key takeaways

• Jeffrey Hochstadt ceased as CFO effective February 13, 2026
• Hochstadt to serve in advisory capacity through June 30, 2026
• Hochstadt eligible for severance under U.S. Executive Severance and Change in Control Guidelines
• Terra Grantham, age 55, appointed Interim CFO effective February 13, 2026
• Grantham joined Company in 2017, SVP Enterprise Strategy and Growth since October 2025
• No material changes to Grantham’s compensation arrangements