Conduent Inc announced the departure of director Scott Letier effective August 26, 2026. Letier served as a designee for shareholder Darwin A. Deason under a Shareholders Agreement dated December 18, 2018. The resignation was triggered by Deason's death on December 2, 2025, which satisfied the agreement's conditions and terminated all obligations under the contract. Consequently, Letier resigned from his positions as Chair of the Audit Committee and member of the Corporate Governance and Risk Oversight Committees. The Board subsequently reorganized committee leadership: Michael Fucci became Chair of the Audit and Compensation Committees; Adam Demuyakor became Chair of the Corporate Governance Committee; and Greta Van became Chair of the Risk Oversight Committee. Conduent Inc operates in the business process management industry, providing technology-enabled services to government and commercial clients.

Conduent Incorporated reported second quarter 2026 financial results, announcing a revenue decline to $531 million from $603 million in the prior year period. The company posted a GAAP net loss of $116 million and an adjusted EBITDA of $16 million from continuing operations. Management highlighted progress on its transformation strategy, including the announcement of agreements to sell its Public Transit business for $164 million and its Tolling business for $70 million plus a 7% equity interest in Quarterhill Inc., expected to generate approximately $234 million in gross proceeds. The company also provided full-year 2026 revenue guidance of $2,150 million to $2,250 million and adjusted EBITDA guidance of $140 million to $170 million from continuing operations. Conduent operates as a global technology-driven business process solutions and services company.

Michael Krawitz is resigning from his position as Executive Vice President, General Counsel and Corporate Secretary, effective July 31, 2026. The resignation is not due to any disagreement with the company's financial reporting, operations, or policies. Conduent Incorporated is a provider of business process services for various industries.

Conduent Incorporated entered into an Asset Purchase Agreement with Quarterhill Inc. to sell its tolling solutions business. The transaction includes $70 million in cash and common shares of the buyer representing 7% of its issued and outstanding shares. The deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals. Conduent Incorporated is a business process services company providing various solutions for various industries.