FOA · Finance Of America Companies Inc.

The departure of Tai A. Thornock from his role as Chief Accounting Officer, a key principal officer position, introduces a leadership transition in the finance function. With the retirement effective May 15, 2026, and explicit confirmation of no disagreements, this appears to be a planned succession rather than a disruptive event. Matthew A. Engel, already serving as CFO and principal financial officer, taking on the accounting officer duties ensures continuity in financial reporting oversight without immediate external hiring. The option for Thornock to consult post-retirement supports a smooth handover, minimizing risks to audit, compliance, and SEC reporting processes during the transition.