Research Solutions Announces CFO Transition
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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
Details
News Market Reaction – RSSS
On Dec 11, the day this news came out, RSSS closed 2.67% below the previous close.
Data tracked by StockTitan Argus for the Dec 11 session.
Key Figures
- Effective departure date
- December 10, 2025
- CFO and Secretary Bill Nurthen left the company effective this date
- Interim CFO tenure
- Since 2023
- Dave Kutil has served as Controller at Research Solutions since 2023
- Leadership experience
- More than 15 years
- Financial leadership experience for interim CFO Dave Kutil
- Prior service duration
- Four years
- CEO notes Bill Nurthen’s contributions over the past four years
Historical Context
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Reported Q1 FY26 results with ARR and margin improvement.
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Announced presentation and 1x1 meetings at Southwest IDEAS conference.
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Scheduled Q1 FY26 earnings release and conference call details.
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Launched Scite Rankings AI-driven research ranking system.
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Reported Q4/FY25 with strong platform growth and record ARR.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. 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.
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