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- Departure Of Ceo (new) — The CEO and Chairman departed the company effective May 8, 2026.
TEN Holdings CEO Randolph Jones departs; CFO Torres takes dual CEO-CFO role
Filed May 8, 2026 · Period ending May 8, 2026 · ~1 min read
Key Changes
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CEO and Chairman Randolph Jones stepped down May 8 by mutual agreement with the board. Company states departure was not due to any dispute over operations, policies, or practices.
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CFO Virgilio Torres appointed CEO and Chairman effective immediately. He will hold both CFO and CEO roles simultaneously while the company searches for a new CFO.
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Jones receives six months base salary continuation at $300,000 annually and one year to exercise vested stock options under separation agreement.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify