Research Solutions Announces CFO Transition
Rhea-AI Summary
Research Solutions (NASDAQ: RSSS) announced a management change effective Dec. 10, 2025: Chief Financial Officer and Secretary Bill Nurthen left the company to pursue another opportunity and Controller Dave Kutil was named interim Chief Financial Officer and Secretary.
Mr. Kutil joined Research Solutions in 2023, has more than 15 years of financial leadership experience, and previously served as Controller for the North American subsidiary of Lesaffre and Director of Accounting for Badger Meter. The chairman and CEO expressed confidence that Kutil will maintain continuity and production in the role.
Positive
- Interim CFO named effective Dec. 10, 2025
- Interim CFO has 15+ years of financial leadership experience
- Interim CFO has been with company since 2023, aiding continuity
Negative
- Former CFO departed after four years
- No permanent CFO named; current appointment is interim
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed moves: IDN +1.38%, ILLR +14.26%, PSQH +5.11%, RDZN +1.20%, while LPSN is down 1.52%. This dispersion suggests the CFO transition is a company-specific event rather than part of a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 13 | Earnings results | Positive | +1.3% | Reported Q1 FY26 results with ARR and margin improvement. |
| Nov 13 | Investor conference | Positive | +1.3% | Announced presentation and 1x1 meetings at Southwest IDEAS conference. |
| Nov 05 | Earnings announcement | Positive | +1.3% | Scheduled Q1 FY26 earnings release and conference call details. |
| Oct 08 | Product launch | Positive | +3.2% | Launched Scite Rankings AI-driven research ranking system. |
| Sep 18 | Earnings results | Positive | +6.2% | Reported Q4/FY25 with strong platform growth and record ARR. |
Recent earnings and product/news announcements have all seen modest positive price reactions, indicating the stock has tended to align positively with fundamentally oriented updates.
Over the last six months, Research Solutions has reported improving fundamentals and product progress. Earnings updates on Sep 18, 2025 and Nov 13, 2025 highlighted revenue growth, higher ARR and better profitability, each followed by positive price moves. A product-focused launch on Oct 8, 2025 and an investor conference announcement also drew constructive reactions. Against this backdrop of strengthening operations and communication with investors, today’s CFO transition represents a governance and leadership change rather than a shift in the underlying business trajectory.
Market Pulse Summary
This announcement details a CFO transition, with the prior CFO departing on December 10, 2025 and the company’s Controller since 2023 stepping in as interim CFO. It follows several quarters of improving revenue, ARR and profitability, as reported in recent earnings releases. Investors may focus on whether this internal appointment maintains continuity in financial strategy and reporting. Key items to watch include future earnings quality, cash flow trends, and any additional governance or leadership disclosures.
AI-generated analysis. Not financial advice.
The Company has named its Controller, Dave Kutil, as interim Chief Financial Officer and Secretary. Mr. Kutil has served as Controller since joining the Company in 2023 and has more than 15 years of financial leadership experience. Prior to joining Research Solutions, he served as Controller for the North American subsidiary of Lesaffre, a leading global consumer goods company, and Director of Accounting for Badger Meter.
"I would like to thank Bill for his contributions to the Company over the past four years and welcome Dave into this role as interim CFO and Secretary," said Roy W. Olivier, Chairman and Chief Executive Officer of Research Solutions. "Dave shares the Company's long-term strategic financial vision and has been working alongside Bill since joining the Company. I am confident that he will be able to fulfill the responsibilities of the position with no loss in continuity or production."
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based technologies to streamline the process of obtaining, managing, and creating intellectual property. Founded in 2006 as Reprints Desk, the Company was a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on Article Galaxy, the Company's SaaS research platform, to streamline access to the latest scientific research and data with 24/7 customer support. For more information and details, please visit www.researchsolutions.com
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SOURCE Research Solutions, Inc.
FAQ
Who is the new interim CFO of Research Solutions (RSSS) and when did the change take effect?
Why did Research Solutions (RSSS) replace its CFO on Dec. 10, 2025?
What is Dave Kutil’s experience as interim CFO at Research Solutions (RSSS)?
Will Research Solutions (RSSS) announce a permanent CFO after the interim appointment?
How did Research Solutions leadership describe the CFO transition for RSSS shareholders?
