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Get filing alertsKinderCare director Michael Nuzzo resigns; David Barse named Audit Committee chair, Preston Grasty rejoins board
Filed October 2, 2026 · Period ending September 29, 2026 · ~1 min read
Key Changes
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Director Michael Nuzzo resigned from the board and from the Audit and Compensation Committees on September 29, 2026, citing other professional and personal commitments.
Item 5.02 verify on EDGAR → -
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Existing director David Barse was appointed to the Audit and Compensation Committees and named Audit Committee chair; the board confirmed he is independent and an audit committee financial expert.
Item 5.02 verify on EDGAR → -
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Preston Grasty, a Senior Investment Leader at Partners Group, was appointed to fill the Class II director vacancy and will serve until the 2029 annual meeting; he also joined the Nominating and Corporate Governance Committee.
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Grasty was selected as a PG Stockholders' Designee under the October 8, 2024 Stockholders Agreement, reflecting Partners Group's ongoing influence on board composition.
Item 5.02 verify on EDGAR →
Summary
KinderCare Learning Companies announced a series of board changes effective September 29, 2026. Director Michael Nuzzo resigned from the board and from both the Audit and Compensation Committees, with the company stating the departure was not due to any disagreement but rather to other personal and professional commitments.
The board moved quickly to fill the resulting vacancies: existing director David Barse was appointed to the Audit and Compensation Committees and named Audit Committee chair, and Preston Grasty, a Senior Investment Leader at Partners Group, was appointed to fill the Class II director vacancy and joined the Nominating and Corporate Governance Committee.
For retail investors, the changes are notable primarily because they affect key oversight roles. Barse's appointment as Audit Committee chair places a relatively new board member—he joined in August 2026—in charge of financial reporting oversight, though the board has confirmed his independence and financial expertise. Grasty's return to the board, after serving from September 2024 to June 2025, reinforces the influence of Partners Group-affiliated stockholders, as he was selected under the existing Stockholders Agreement and will not receive director compensation due to his affiliation. The filing does not indicate any disagreement or underlying operational issues, and the company attributes the resignation solely to Nuzzo's other commitments. No red flags are raised by the disclosure itself.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
KinderCare director Michael Nuzzo resigned; David Barse joined Audit/Comp committees; Preston Grasty appointed to fill vacancy.
Added in current filing · verify on EDGAR →
On September 29, 2026, Michael Nuzzo resigned from the Board of Directors (the “Board”) of KinderCare Learning Companies, Inc. (the “Company”). Mr. Nuzzo served as a Class II director. Mr. Nuzzo also resigned from the Audit Committee of the Board and the Compensation Committee of the Board. Mr. Nuzzo’s resignation from the Board was not due to any disagreement with the Company on any matter related to the Company’s operations, policies or practices, but instead Mr. Nuzzo resigned to devote time to his other professional and personal commitments.
Michael Nuzzo stepped down from the board and from both the Audit and Compensation Committees. The company states the resignation was not due to any disagreement, but rather to focus on other commitments. This removes a director from two key oversight committees.
Added in current filing · verify on EDGAR →
Mr. Grasty, age 36, is a Senior Investment Leader at Partners Group, where he has been employed since 2018. Prior to joining Partners Group, Mr. Grasty served as an investment professional at Carnelian Energy Capital from 2015 to 2016 and as an investment banker at Credit Suisse from 2014 to 2015. Mr. Grasty holds a B.B.A. and a Masters in Professional Accounting from the University of Texas McCombs School of Business and an M.B.A. from The University of Chicago Booth School of Business.
Grasty is a Senior Investment Leader at Partners Group, a major shareholder, and has prior investment banking and energy capital experience. The board determined he is independent under NYSE listing standards. Because of his affiliation with Partners Group, he will not receive director compensation.
Event · Exhibit 99.1
KinderCare announces Board changes: Mike Nuzzo resigns, David Barse heads Audit Committee, Preston Grasty rejoins.
Added in current filing · view on EDGAR →
Mike Nuzzo has resigned from the company’s Board of Directors, effective September 29, due to other personal and professional time commitments.
Director Mike Nuzzo stepped down from the Board effective September 29, 2026. The company attributes his departure to other personal and professional time commitments, not to any disagreement or performance issue.
Added in current filing · view on EDGAR →
David Barse, who joined KinderCare’s Board on Aug. 3, replaces Nuzzo as the Head of the Audit Committee.
David Barse, a relatively new Board member who joined on August 3, will take over as Head of the Audit Committee. This is a key governance role overseeing financial reporting and internal controls.
Added in current filing · view on EDGAR →
Preston Grasty, Senior Investment Leader at Partners Group, will also rejoin the Board, effective September 29.
Preston Grasty, a Senior Investment Leader at Partners Group, is rejoining the Board effective September 29. His return brings back a director with prior Board experience at the company.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 5, 2026 · How we verify