Recent Updates — RGP
Resources Connection, Inc. announced that Jennifer Y. Ryu resigned as Executive Vice President and Chief Financial Officer, effective October 2, 2026. Jessica Block, currently the Company’s Chief AI Officer, will assume the role of Interim Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer effective October 3, 2026. Block brings over 20 years of experience in professional services, having previously served as interim CFO at Factor Law, Inc., and held senior leadership roles at Ankura Consulting Group and FTI Consulting. The Company has initiated a search for a permanent successor to Ryu. Resources Connection, Inc. operates in the professional services industry, providing on-demand talent, consulting, and managed services to corporate clients globally.
Resources Connection, Inc.'s Board of Directors approved a quarterly cash dividend of $0.07 per share on its common stock. The dividend is payable on October 1, 2026 to stockholders of record at the close of business on September 3, 2026. This announcement signals continued capital return policies as the Board will assess future dividends quarterly. Resources Connection, Inc. operates in the professional services industry, providing on-demand talent, consulting, and managed services to C-suite leaders globally.
Resources Connection, Inc. reported financial results for the fourth quarter and full fiscal year ended May 30, 2026, showing a full-year revenue decrease of 18.0% to $452.0 million and a net loss of $40.6 million. The company paid a quarterly dividend of $0.07 per share on June 19, 2026. Additionally, the company terminated its previous credit facility on July 13, 2026, and entered into a new secured revolving credit facility on July 15, 2026, after failing to comply with financial covenants. RGP is a professional services firm providing on-demand talent, consulting, and managed services.
Resources Connection, Inc. entered into a $30 million secured revolving credit facility with PNC Bank and other lenders, maturing July 15, 2031, which includes sublimits for letters of credit and swing loans. The company also terminated its previous 2025 Credit Agreement with Bank of America. Resources Connection, Inc. provides professional services and resource management solutions to various industries.