Short answer
CSP INC /MA/ (CSPI) filed an 8-K current report with the SEC on June 9, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Michael Newbanks departed June 5, 2026 as Vice President of Finance and Chief Accounting Officer.
CSP INC /MA/ 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Michael Newbanks departed June 5, 2026 as Vice President of Finance and Chief Accounting Officer
- Eric Sachs assuming the accounting leadership role following a transition period
- Departure unrelated to disagreements over operations, policies, or practices
- Newbanks providing consulting services post-departure, supporting continuity
- Newbanks served as Chief Accounting Officer since July 2017 and Controller since May 2003
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