Jordan Krugman to exit Invesco CurrencyShares Swiss Franc Trust sponsor (FXF) roles
Rhea-AI Filing Summary
Invesco CurrencyShares Swiss Franc Trust reported that Mr. Jordan Krugman has notified the trust that he will resign from all positions at Invesco Specialized Products, LLC, the sponsor, and its affiliates. His resignation, including from his role as a member of the sponsor’s Board of Managers, will be effective at the close of business on August 3, 2026.
The sponsor is currently considering a replacement for Mr. Krugman.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation notice date: June 4, 2026
Resignation effective date: August 3, 2026
Trading symbol: FXF
+2 more
5 metrics
Resignation notice date
June 4, 2026
Date Mr. Krugman notified the trust of his resignation
Resignation effective date
August 3, 2026
Effective at close of business
Trading symbol
FXF
Common Units of Beneficial Interest on NYSE Arca
Commission File Number
001-32907
SEC registration reference for the trust
IRS Employer ID
20-4686336
Tax identification for the registrant
Key Terms
Common Units of Beneficial Interest, Emerging growth company, Board of Managers, Sponsor
4 terms
Common Units of Beneficial Interest financial
"Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered Common Units of Beneficial Interest"
Emerging growth company regulatory
"Emerging growth company On June 4, 2026, Mr. Jordan Krugman gave notice"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Board of Managers financial
"including his position as a member of the Board of Managers of the Sponsor"
Sponsor financial
"Invesco CurrencyShares® Swiss Franc Trust (the “Trust”) that he is resigning from all positions at Invesco Specialized Products, LLC (the “Sponsor”)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
When is Jordan Krugman’s resignation from FXF’s sponsor effective?
Jordan Krugman’s resignation is effective at the close of business on August 3, 2026. He provided notice of his resignation to the Invesco CurrencyShares Swiss Franc Trust on June 4, 2026, covering all positions at the sponsor and its affiliates.
Is Invesco Specialized Products, LLC planning to replace Jordan Krugman after his resignation?
Yes. The filing states that the sponsor, Invesco Specialized Products, LLC, is currently considering Jordan Krugman’s replacement following his resignation from all positions, including his role on the sponsor’s Board of Managers, effective August 3, 2026.