TransUnion Announces CFO Todd M. Cello to Step Down Effective Year-End 2026

Executive Summary

On September 19, 2026, Todd M. Cello informed TransUnion (NYSE: TRU) of his decision to step down from his role as Executive Vice President and Chief Financial Officer, effective December 31, 2026. Mr. Cello has served TransUnion for 29 years, including nine years as CFO. The departure is amicable and not the result of any disagreement regarding operations, policies, or practices.

To facilitate a smooth leadership change, Mr. Cello will serve as an advisor under a transition agreement through March 1, 2027. Concurrently, TransUnion reaffirmed its third quarter and full-year 2026 guidance for revenue, Adjusted EBITDA, and Adjusted Diluted EPS.

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Key Terms of the Transition and Separation Agreement

• Effective Dates:
  • Resignation as CFO / Officer: December 31, 2026
  • Separation Date (end of advisory employment): March 1, 2027
• Compensation & Salary:
  • Base salary of $700,000 annualized will continue through March 1, 2027.
  • Benefits continuation through March 31, 2027.
• Annual Incentive Bonus:
  • Eligible for the 2026 annual incentive bonus (target 110% of base salary), conditioned upon remaining employed through December 31, 2026, and subject to company and individual performance metrics.
  • Ineligible for 2027 bonus or 2027 equity grants.
• Equity Vesting:
  • Performance Share Units (PSUs) granted on February 28, 2024, will continue to vest on February 28, 2027, based on actual performance achievement, provided employment continues through that date.
  • All other unvested RSUs and PSUs will be forfeited upon separation.
• Post-Separation Benefits:
  • Up to 18 months of company-subsidized COBRA continuation coverage.
  • Outplacement services up to a maximum value of $35,000 for up to one year.
  • Release of claims and continued adherence to restrictive covenants (non-solicitation, non-competition, non-disparagement, and confidentiality).

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Succession Plan & Business Outlook

• TransUnion has launched an executive search for Mr. Cello’s successor with an external executive search firm. If a permanent successor is not identified by December 31, 2026, the Board plans to appoint an interim CFO.
• In Exhibit 99.1, TransUnion reaffirmed its financial outlook for Q3 2026 and FY 2026, providing reassurance that the leadership transition is orderly and not indicative of operational or financial instability.