Leadership & Pay ·
Jon Keyser to step down as Interim CEO; Jon Newhard appointed President and CEO effective November 1
VRRMVERRA MOBILITY Corp
Verra Mobility's Board appointed Jon Newhard as President and Chief Executive Officer, effective November 1, 2026. Jon Keyser will cease serving as Interim President and CEO immediately prior to that date. Keyser will remain a full-time employee as Special Advisor through December 31, 2026, to support the leadership transition. His separation constitutes a termination without cause under his employment agreement. He is entitled to $650,000 in cash severance, COBRA premiums for 12 months, full vesting of RSUs valued at $2,250,000, and $2,200,110 from a retention award. Keyser may also receive a prorated annual bonus and a potential $200,000 transition bonus contingent on satisfactory performance during the transition period. Verra Mobility Corporation operates in the parking enforcement technology industry.