XP Inc. (NASDAQ: XP) details planned CFO transition and interim coverage
Rhea-AI Filing Summary
XP Inc. announced a planned transition in its Chief Financial Officer role as part of its next phase of growth. The Board appointed Gustavo Alejo Viviani as the new CFO, effective August 3, 2026, highlighting his long experience in wholesale and retail banking and prior CFO roles at Santander Brasil.
Current CFO Victor Andreu Mansur Farinassi will step down effective May 31, 2026. XP’s CEO, Thiago Maffra, will serve as interim CFO from that date until Mr. Viviani assumes the position, overseeing financial operations and supporting a smooth transition. André Parize remains Investor Relations Officer, which is intended to maintain continuity in investor engagement.
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Insights
XP outlines a planned CFO succession with defined dates and interim coverage.
XP Inc. describes this as a planned and mutually agreed CFO succession, reducing concerns about an abrupt leadership change. The incoming CFO, Gustavo Alejo Viviani, brings extensive experience from Santander Brasil across wholesale, retail, and consumer finance, plus prior CFO and investor relations responsibilities.
The outgoing CFO, Victor Andreu Mansur Farinassi, departs on May 31, 2026, with CEO Thiago Maffra acting as interim CFO until August 3, 2026. This overlap aims to preserve operational continuity in the finance function. Investor relations leadership remains with André Parize, which can help sustain consistent communication with the market.
Key Figures
Key Terms
Chief Financial Officer financial
Investor Relations Officer financial
Board of Directors financial
forward-looking statements regulatory
Private Securities Litigation Reform Act of 1995 regulatory
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 May 2026
Commission File Number: 001-39155
XP Inc.
(Exact name of registrant as specified in its charter)
20, Genesis Close
Grand Cayman, George Town
Cayman Islands KY-1-1208
+55 (11) 3075-0429
(Address of principal executive office)
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 ☐ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes ☐ | No ☒ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes ☐ | No ☒ |
SIGNATURE
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.
| XP Inc. | |||
| By: | /s/ Victor Andreu Mansur Farinassi | ||
| Name: | Victor Andreu Mansur Farinassi | ||
| Title: | Chief Financial Officer | ||
Date: May 18, 2026
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release dated May 18, 2026 – XP Inc. Announces Change in the CFO Position |
Exhibit 99.1
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XP Inc. Announces Change in the CFO Position
São Paulo, Brazil, May 18, 2026 – XP Inc. (Nasdaq: XP), announced, in a planned and mutually agreed succession, a transition in its Chief Financial Officer role as part of the Company’s continued evolution and next phase of growth. Mr. Gustavo Alejo Viviani has been appointed by the Board of Directors of the Company (the “Board”) to serve as the Company’s new Chief Financial Officer, effective August 3, 2026. The Company believes that Mr. Alejo brings the expertise, skillset and experience needed to support XP in its continued growth and the execution of its long-term strategy.
Mr. Alejo began his career in January 1996 at Citibank Brasil. In January 2000, he joined Santander Brasil, where over 26 years he held various leadership positions in Wholesale and Retail Banking. In the Wholesale segment, he served as Managing Director of Corporate and Investment Banking and was responsible for the Wholesale Credit Recovery area. In the Retail segment, he was the Director responsible for Credit Collections and Recovery, and Consumer Lending, also accumulating the role of Retail CFO. In the last 3 years he held the positions of Chief Financial Officer, Investor Relations Officer, and Executive Vice-President responsible for the Consumer Finance Business, in addition to having served as a member of the Board of Directors of Zurich Santander Brasil. He is a CFA Charterholder, holds a degree in Economics and extension programs in Business Administration at the University of California-Berkeley, Advanced Corporate Finance at the London Business School, and Leadership at The University of Chicago Booth School of Business.
The Company also announced that, as part of the planned transition process, Mr. Victor Andreu Mansur Farinassi will step down from his position as Chief Financial Officer effective May 31, 2026. The Board has appointed XP’ Chief Executive Officer, Thiago Maffra to serve as interim Chief Financial Officer, effective upon Mr. Mansur’s departure. Mr. Maffra will oversee the Company's financial operations until Mr. Alejo takes office and will assist with the transition to the incoming CFO, ensuring continuity across XP´s finance function.
André Parize will continue in his role as Investor Relations Officer of the Company, ensuring full continuity in XP’s engagement with the investment community.
The Company expresses its sincere gratitude to Mr. Mansur for his more than 14 years of dedication and his meaningful contributions to XP’s growth and strategic development throughout his tenure. The Company wishes Mr. Mansur continued success in his future endeavors.
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About XP
XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP’s mission is to disintermediate the legacy models of traditional financial institutions by:
| · | Educating new classes of investors; |
| · | Democratizing access to a wider range of financial services; |
| · | Developing new financial products and technology applications to empower clients; and |
| · | Providing high-quality customer service and client experience in the industry in Brazil. |
XP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," “aim,” "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc’s control. XP, Inc’s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.
For any questions, please contact:
Investor Contact: ir@xpi.com.br
IR Website: investors.xpinc.com