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CFO transition at Sangoma (Nasdaq: SANG) as Larry Stock retires

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Sangoma Technologies Corporation reported a planned finance leadership transition. Chief Financial Officer Larry Stock has elected to retire effective June 30, 2026 after nearly six years in the role, and will serve in a senior advisory capacity for one year to support an orderly handover. The company states there was no known disagreement between Mr. Stock and Sangoma regarding operations, policies, or practices.

Effective July 1, 2026, Senior Vice President, Finance Adrian Back will become Interim CFO. Sangoma’s board has begun a search for a permanent CFO, considering both internal and external candidates. The company highlights Mr. Back’s experience since joining via the 2021 acquisition of Star2Star Communications, including responsibilities for financial planning and analysis, external audit, SOX compliance, and treasury.

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CFO retirement effective date June 30, 2026 Larry Stock retires as Chief Financial Officer
Interim CFO start date July 1, 2026 Adrian Back assumes role of Interim CFO
Advisory period One year Larry Stock remains as senior advisor after retirement
UC seats Over 2.7 million Sangoma’s UC seats across its customer base
Customer base Over 100,000 customers Diversified base using Sangoma communications solutions
Industry experience Over 40 years Sangoma’s time in the communications market
Gartner UCaaS recognition Nine years running Recognized in Gartner UCaaS Magic Quadrant
Service tenure as CFO Nearly six years Larry Stock’s period as Sangoma’s CFO
Communications as a Service financial
"offering businesses a choice of on-premises, cloud-based, or hybrid Communications as a Service solutions"
Communications as a service is a cloud-based subscription that delivers business phone, messaging, video and contact-center tools over the internet instead of on-site hardware. Think of it like renting a complete office phone and messaging system that is maintained and upgraded by a provider; investors watch it because it creates predictable recurring revenue, scales with customer growth, and concentrates risk and value around reliability, security and customer retention.
UCaaS technical
"solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies"
Unified Communications as a Service (UCaaS) is a cloud-based bundle of business communication tools — such as phone calling, video meetings, messaging, and voicemail — delivered over the internet instead of on-site hardware. For investors, UCaaS matters because it shifts companies from buying and maintaining equipment to paying recurring subscription fees, creating predictable revenue for providers and signaling how widely businesses are adopting flexible, remote-ready communications, which can affect growth and valuation.
CCaaS technical
"solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies"
Contact Center as a Service (CCaaS) is a cloud-based platform companies rent to handle customer calls, chats, emails and support tools instead of building and running their own systems. For investors it matters because CCaaS shifts costs from big upfront investments to predictable subscription fees, often creating steady recurring revenue, easier scaling and faster rollout of new features—advantages that can improve margins, growth potential and customer retention.
CPaaS technical
"solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies"
A Communications Platform as a Service (CPaaS) is a cloud-based toolkit that lets companies add voice calls, text messages, video and chat features to their apps or websites without building the underlying phone or messaging systems. Think of it as a plug-and-play communications engine developers drop into software. Investors watch CPaaS because it often produces usage-based and recurring revenue, can scale quickly with customer communication needs, and benefits from trends like remote work and digital customer service.
SOX compliance regulatory
"his responsibilities have included financial planning and analysis, external audit, SOX compliance and treasury"
Sox compliance refers to following rules and standards set to ensure a company's financial information is accurate and trustworthy. It is similar to having strict safety checks to prevent errors or fraud, giving investors confidence that the company's reported financial health is reliable. Meeting these standards helps protect investors and maintain transparency in financial reporting.
Gartner UCaaS Magic Quadrant other
"Sangoma has been recognized for nine years running in the Gartner UCaaS Magic Quadrant"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-41175

 

Sangoma Technologies Corporation

(Exact name of Registrant as specified in its charter)

 

N/A

(Translation of registrant's name into English)

 

Bay-Adelaide Centre,

333 Bay Street, Suite 3400,

Toronto, Ontario, Canada M5H 2S7

(905) 474-1990

(Address and telephone number of registrant’s principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ¨ Form 40-F x

 

 

 

 

 

 

Retirement of Chief Financial Officer; Appointment of Interim Chief Financial Officer

 

On June 4, 2026, Sangoma Technologies Corporation (the “Company”) announced that Larry Stock has elected to retire from his role as Chief Financial Officer (“CFO”) effective June 30, 2026. Upon his retirement, Mr. Stock will remain available to the Company in a senior advisory capacity for a period of one year to ensure an orderly transition. There was no known disagreement with Mr. Stock as the outgoing CFO on any matter relating to the Company’s operations, policies or practices.

 

Effective July 1, 2026, Adrian Back, current Senior Vice President, Finance, will assume the role of Interim CFO. Concurrently, the Company’s Board of Directors (the “Board”) has commenced a search to identify a permanent successor to the CFO role, which will include both internal and external candidates.

 

A copy of the press release announcing Mr. Stock’s retirement, the appointment of Mr. Back as Interim CFO and the Board’s commencement of a search for a successor CFO is attached hereto as Exhibit 99.1, and is incorporated herein by reference.

 

This Report on Form 6-K (including the exhibit attached hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

  

Exhibit   
    
99.1  Press Release dated June 4, 2026, titled “Sangoma Announces CFO Transition: Larry Stock to Retire June 30; Adrian Back Named Interim CFO;  Board Commences Search for Permanent Successor

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Sangoma Technologies Corporation
   
Date: June 4, 2026 By: /s/ Samantha Reburn
    Name: Samantha Reburn
    Title: Chief Legal & Administrative Officer

 

 

 

 

 

Exhibit 99.1

 

 

NEWS RELEASE

Sangoma Announces CFO Transition: Larry Stock to Retire June 30; Adrian Back Named Interim CFO;

Board Commences Search for Permanent Successor

 

TORONTO, ONTARIO, JUNE 4, 2026 – Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted industry leader uniquely offering businesses a choice of on-premises, cloud-based, or hybrid Communications as a Service solutions, today announced that Larry Stock has elected to retire from his role as Chief Financial Officer effective June 30, 2026, following nearly six years of distinguished service to the Company. Upon his retirement, Mr. Stock will remain available to the Company in a senior advisory capacity for a period of one year to ensure an orderly transition.

 

Effective July 1, 2026, Adrian Back, current Senior Vice President, Finance, will assume the role of Interim Chief Financial Officer. Concurrently, the Board of Directors has commenced a search to identify a permanent successor to the CFO role, which will include both internal and external candidates. The Company will provide an update on the search process as developments warrant.

 

“On behalf of Sangoma's executive leadership team and Board, I want to thank Larry for his exceptional service,” said CEO Charles Salameh. “Larry took on the CFO role at a pivotal time and set about doing exactly what the Company needed — he strengthened the balance sheet, instilled financial discipline across the organization, and leaves the Company in a meaningfully stronger financial position than when he arrived. That foundation is something the whole Company will benefit from for years to come.”

 

“It has been an honor to serve as CFO of Sangoma,” said Mr. Stock. “I am proud of what the finance team has built together — we set out to put the Company on a stronger financial footing, and I believe we’ve achieved that. I have great confidence in Adrian and the broader team as the Company moves forward, and I look forward to remaining involved in an advisory role.”

 

Mr. Salameh added, "Adrian's deep knowledge of our business and his proven leadership of the finance function make him the right person to ensure continuity and stability during this transition. We have full confidence in his ability to lead the finance organization as we work to identify the right permanent successor.”

 

Mr. Back joined Sangoma via the Company’s acquisition of Star2Star Communications in 2021 and has served as Senior Vice President, Finance since that time. In this capacity, his responsibilities have included financial planning and analysis, external audit, SOX compliance and treasury.

 

 

 

 

About Sangoma Technologies Corporation

 

Sangoma (TSX: STC; Nasdaq: SANG) is a leading business communications platform provider with solutions that include its award-winning UCaaS, CCaaS, CPaaS, and Trunking technologies. The enterprise-grade communications suite is developed in-house; available for cloud, hybrid, or on-premises setups. Additionally, Sangoma provides managed services for connectivity, network, and security. A trusted communications partner with over 40 years on the market, Sangoma has over 2.7 million UC seats across a diversified base of over 100,000 customers. Sangoma has been recognized for nine years running in the Gartner UCaaS Magic Quadrant. As the primary developer and sponsor of the open source Asterisk and FreePBX projects, Sangoma is determined to drive innovation in communication technology continuously. For more information, visit www.sangoma.com.

 

Sangoma Technologies Corporation

Samantha Reburn

Chief Legal & Administrative Officer

investorrelations@sangoma.com

 

 

 

FAQ

What CFO transition did Sangoma Technologies (SANG) announce?

Sangoma announced that CFO Larry Stock will retire effective June 30, 2026, after nearly six years in the role. Senior Vice President, Finance, Adrian Back will become Interim CFO on July 1, 2026, while the board searches for a permanent successor.

Will Sangoma’s retiring CFO remain involved with the company?

Yes. After retiring on June 30, 2026, Larry Stock will stay on in a senior advisory capacity for one year. This arrangement is intended to support continuity and an orderly transition of the finance function during the interim CFO period and succession search.

Who is Adrian Back, Sangoma Technologies’ new Interim CFO?

Adrian Back is currently Senior Vice President, Finance at Sangoma. He joined through the 2021 acquisition of Star2Star Communications and oversees financial planning and analysis, external audit, SOX compliance, and treasury. He becomes Interim CFO effective July 1, 2026.

Did Sangoma report any disagreement with the retiring CFO Larry Stock?

Sangoma reported no known disagreement with outgoing CFO Larry Stock on matters related to the company’s operations, policies, or practices. The company emphasizes his nearly six years of service and notes he will continue in an advisory role for one year after retirement.

How is Sangoma Technologies handling the search for a new permanent CFO?

Sangoma’s board has commenced a search for a permanent CFO to succeed Larry Stock. The process will consider both internal and external candidates. The company indicated it will provide updates on the search as developments warrant, while Adrian Back serves as Interim CFO.

What business does Sangoma Technologies (SANG) operate in?

Sangoma is a business communications platform provider offering UCaaS, CCaaS, CPaaS, trunking, and managed connectivity, network, and security services. Its enterprise-grade suite supports cloud, hybrid, and on-premises setups and serves over 100,000 customers with more than 2.7 million UC seats.

Filing Exhibits & Attachments

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