XBP Global Appoints Mike Shufeldt as Chief Revenue Officer to Accelerate Growth of XBP Americas

Rhea-AI Summary

XBP Global (NASDAQ: XBP) appointed Mike Shufeldt as Chief Revenue Officer, XBP Americas, effective Jan. 28, 2026. Shufeldt will lead revenue strategy, commercial execution, and go-to-market alignment across sales, product, marketing, and delivery to accelerate scalable, client-centric growth in the Americas.

The hire emphasizes strengthening solution-led selling, cross-sell opportunities, and strategic partnerships while leveraging Shufeldt’s 20+ years of services, SaaS, and data-driven commercial leadership.

Positive

• New CRO appointment to drive revenue strategy across Americas
• Focus on solution-led selling and cross-sell alignment
• 20+ years of commercial leadership experience brought to XBP

Negative

• No quantified near-term revenue targets or timelines provided
• Potential integration risk in aligning sales, product, marketing, and delivery

News Market Reaction – XBP

+1.07%

2 alerts

+1.07% News Effect

-3.1% Trough Tracked

+$972K Valuation Impact

$92M Market Cap

0.8x Rel. Volume

On the day this news was published, XBP gained 1.07%, reflecting a mild positive market reaction. Argus tracked a trough of -3.1% from its starting point during tracking. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $972K to the company's valuation, bringing the market cap to $92M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Leadership experience: more than 20 years Portfolio revenue growth: hundreds of millions of USD Compound annual growth: more than 20%

3 metrics

Leadership experience more than 20 years Global commercial leadership experience across services and SaaS

Portfolio revenue growth hundreds of millions of USD Revenue growth led at ADP global portfolio

Compound annual growth more than 20% CAGR delivered at ADP for his global portfolio

Market Reality Check

Price: $7.26 Vol: Volume 26,345 is slightly...

normal vol

$7.26 Last Close

Volume Volume 26,345 is slightly below the 20-day average of 29,652, suggesting no unusual trading interest ahead of this leadership update. normal

Technical Shares at $8.38 are trading slightly above the 200-day MA of $8.18, indicating a modestly constructive longer-term trend despite a -0.59% move over the last 24 hours.

Peers on Argus

XBP slipped -0.59% while close peers showed mixed moves: ALAR down -1.03%, but L...

XBP slipped -0.59% while close peers showed mixed moves: ALAR down -1.03%, but LIDR, MLGO, AISP, and HPAI up between 0.19% and 4.62%. With no peers in the momentum scanner and no same-day peer headlines, the reaction appears company-specific rather than a sector-wide AI/software move.

Historical Context

5 past events · Latest: Jan 14 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 14	Industry recognition	Positive	+1.8%	Named a Leader in NelsonHall’s 2026 Healthcare Payer Agility and Innovation report.
Jan 06	Nasdaq compliance	Positive	+11.5%	Regained compliance with Nasdaq’s $1.00 minimum bid price requirement.
Dec 29	AI payments partnership	Positive	+0.0%	Announced ~$24M five-year AI-driven payments automation partnership with U.S. insurer.
Dec 11	German public contract	Positive	+27.2%	Secured up to €21.5M five-year AI document management deal with BG-Phoenics.
Dec 05	Reverse stock split	Negative	-18.8%	Implemented 1-for-10 reverse stock split effective December 12, 2025.

Pattern Detected

Recent news has often been rewarded, especially sizable contracts and regulatory milestones, with only one notable divergence on a positive commercial announcement.

Recent Company History

Over the past few months, XBP Global has highlighted several commercial and corporate milestones. A 1-for-10 reverse split on Dec 12, 2025 drew a -18.75% reaction. Subsequent multi-year deals worth up to €21.5 million and about $24 million over five years supported contract growth, with one German public-sector win driving a 27.18% gain. Regaining Nasdaq minimum bid compliance on Jan 6, 2026 added 11.53%. Today’s CRO appointment fits into this trajectory of rebuilding growth and execution discipline.

Market Pulse Summary

This announcement introduces a new CRO for XBP Americas, emphasizing revenue strategy, solution-led ...

Analysis

This announcement introduces a new CRO for XBP Americas, emphasizing revenue strategy, solution-led selling, and tighter alignment across commercial teams. It follows recent milestones, including large contracts worth up to €21.5 million and about $24 million over five years, Nasdaq bid-price compliance, and a 1-for-10 reverse split. Investors may watch how the new leader builds on these developments, focusing on revenue growth consistency, margin improvement, and follow-on commercial wins to gauge the impact of this leadership change.

Key Terms

chief revenue officer, saas, forward-looking statements, exchange act

4 terms

chief revenue officer financial

"announced the appointment of Mike Shufeldt as Chief Revenue Officer (CRO), XBP Americas."

A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.

saas technical

"experience across services, SaaS, and data-driven businesses."

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

forward-looking statements regulatory

"This press release contains “forward-looking statements” within the meaning of the United States"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

exchange act regulatory

"as amended, and Section 21E of the Exchange Act."

A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.

AI-generated analysis. Not financial advice.

IRVING, Texas, Jan. 28, 2026 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ: XBP), a workflow automation leader that leverages decades of industry experience, a global footprint, and agentic AI to rethink business process automation and digital transformation, announced the appointment of Mike Shufeldt as Chief Revenue Officer (CRO), XBP Americas. In this role, Mr. Shufeldt will lead the revenue strategy and commercial execution, supporting the company’s strategic shift toward accelerated, scalable, and client-centric growth in the Americas.

The appointment highlights XBP Global’s focus on strengthening its go-to-market model, driving solution-led selling, and creating tighter alignment across sales, product, marketing, and delivery teams. As CRO of XBP Americas, Mr. Shufeldt will be responsible for building a unified, high-performance revenue organization designed to deliver consistent growth across markets and industries within the Americas.

“Mike’s appointment reflects our commitment to scaling XBP Americas’ growth engine with greater focus, discipline, and accountability,” said Andrej Jonovic, CEO, XBP Global. “His proven ability to lead complex commercial transformations gives us elevated confidence in our sales execution, while sharpening how we leverage cross-sell opportunities and strategic partnerships to drive sustained revenue growth in the next phase of our journey.”

At XBP Global, Mr. Shufeldt will oversee sales execution and commercial performance for XBP Americas. Mike brings more than 20 years of global commercial leadership experience across services, SaaS, and data-driven businesses. He most recently served as senior vice president and general manager at ADP, where he led revenue growth of hundreds of millions of USD to his global portfolio, delivered more than 20% compound annual growth, and helped transition legacy offerings into AI-enabled SaaS and services platforms. He has also held senior leadership roles at Brink’s and Iron Mountain, leading global revenue organizations and large-scale go-to-market transformations.

“I’m excited to join XBP Global at such a pivotal moment,” said Mike Shufeldt, Chief Revenue Officer, XBP Americas. “XBP has incredible solutions, deep client relationships, and a compelling vision for the future. I look forward to working with the team to accelerate growth, strengthen our commercial execution, and deliver greater value to our clients.”

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. These statements include financial forecasts, projections, and other statements about future operations, financial position, business strategy, market opportunities, and trends. Forward-looking statements can often be identified by terms such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “targets,” “projects,” “could,” “would,” “continue,” “forecast,” or similar expressions. This press release includes forward-looking non-GAAP financial measures, such as projected Adjusted EBITDA and Net Debt. Adjusted EBITDA is defined as net income excluding interest, taxes, depreciation, amortization, and certain non-recurring items, while Net Debt is total debt minus cash and cash equivalents. The Company cannot reconcile these measures to their most comparable GAAP metrics — net income and total debt — without unreasonable effort, due to challenges in forecasting future interest, taxes, depreciation, and non-recurring items. These measures are provided for informational purposes only and should not be considered substitutes for financial measures prepared in accordance with GAAP. All forward-looking statements are based on estimates, forecasts, and assumptions that are inherently uncertain and subject to risks and factors that could cause actual results to differ materially. These include, but are not limited to: (1) risks related to the acquisition, including the inability to realize anticipated benefits, disruptions to operations, and costs associated with the transaction; (2) legal proceedings; (3) failure to meet Nasdaq listing standards; (4) competition and market conditions; (5) economic, geopolitical, and regulatory changes; (6) challenges in retaining clients, employees, and suppliers; and (7) other risks detailed in XBP Europe’s filings with the SEC, including the “Risk Factors” section of its Annual Report on Form 10-K for 2025, filed on March 19, 2025, and the proxy statement for the 2025 annual meeting. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. XBP Global undertakes no obligation to update these statements, except as required by law. There is no assurance that XBP Global or its subsidiaries will achieve the results projected in these statements.

About XBP Global

XBP Global is a multinational technology and services company powering intelligent workflows for organizations worldwide. With a presence in 20 countries and approximately 11,000 employees, XBP Global partners with over 2,500 clients, including many of the Fortune 100, to orchestrate mission-critical systems that enable hyper-automation.

Our proprietary platforms, agentic AI-driven automation, and deep domain expertise across industries and the public and private sectors enable our clients to entrust us with their most impactful digital transformations and workflows. By combining innovation with execution excellence, XBP Global helps businesses reimagine how they work, transact, and unlock value.

For more news, commentary, and industry perspectives, visit: https://www.xbpglobal.com/

And please follow us on social:

X: https://X.com/XBPglobal

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The information posted on XBP Global’s website and/or via its social media accounts may be deemed material to investors. Accordingly, investors, media and others interested in XBP Global should monitor XBP Global’s website and its social media accounts in addition to XBP Global’s press releases, SEC filings and public conference calls and webcasts.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb290dca-6fe1-45d4-a41f-686b07b9cf03

Investor Relations: David Shamis, investors@xbpglobal.com | Media Queries: Srushti Rao, press@xbpglobal.com

FAQ

Who is the new CRO of XBP Americas and when was the appointment announced for XBP (NASDAQ: XBP)?

Mike Shufeldt was named Chief Revenue Officer, XBP Americas, in an announcement dated Jan. 28, 2026. According to the company, he will lead revenue strategy and commercial execution across the Americas to scale client-centric growth.

What responsibilities will Mike Shufeldt have as CRO at XBP (XBP) in the Americas?

He will lead revenue strategy, sales execution, and commercial performance across the Americas. According to the company, his role includes aligning sales, product, marketing, and delivery to drive solution-led selling and cross-sell opportunities.

What experience does Mike Shufeldt bring to XBP (XBP) as announced on Jan. 28, 2026?

Shufeldt brings over 20 years of global commercial leadership across services, SaaS, and data-driven businesses. According to the company, his background includes roles at ADP, Brink’s, and Iron Mountain with proven revenue-growth track records.

How might the CRO appointment affect XBP (NASDAQ: XBP) growth strategy in the Americas?

The appointment intends to accelerate scalable, client-centric growth by strengthening go-to-market and cross-functional alignment. According to the company, this emphasizes solution-led selling and leveraging partnerships to drive sustained revenue expansion.