Why did the Chief Financial Officer leave?

Matthew Harbaugh resigned from his role as Chief Financial Officer due to health reasons, effective January 12, 2026. The Company stated that his departure was not related to its financial statements, financial reporting, or internal controls over financial reporting.

Who is running the finance function now?

Michael Goss, the Company's Principal Accounting Officer and Controller, has been appointed Interim Chief Financial Officer while the Company searches for a permanent replacement. Goss previously held senior roles at DuPont de Nemours, Inc., including Vice President, Principal Accounting Officer and Controller from December 2018.

Did Qnity change its 2025 financial outlook?

No. The Company reaffirmed its full year 2025 guidance of Net Sales of approximately $4.7 billion and Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion, as first provided on November 6, 2025. The guidance remains subject to completion of year-end closing procedures and audit-related finalization.

When will Qnity report full year 2025 results?

The Company plans to review its fourth quarter and full year 2025 financial results and provide a business update on its earnings call scheduled for Thursday, February 26, 2026, at 8:00 a.m. ET. Call and webcast details were to be provided in the coming weeks.

What is the $96 million of stand-alone public company costs?

The Adjusted Pro Forma Operating EBITDA guidance reflects recurring stand-alone public company costs of approximately $96 million expected to be incurred annually following the spin-off. These costs are a non-GAAP pro forma adjustment included in the guidance figure.

Q 8-K: Earnings & Results & Leadership Changes

01—Abstract

Summary

Summary of the 8-K filed January 16, 2026. Cited figures are marked; the original filing is the authoritative source.

Qnity Electronics, Inc. (NYSE: Q) filed this Form 8-K on January 16, 2026 to disclose a chief financial officer transition and to reaffirm its full year 2025 guidance.

Matthew Harbaugh resigned as Chief Financial Officer due to health reasons, effective January 12, 2026. The filing states that his departure was not related to the Company's consolidated financial statements, financial reporting, or internal controls over financial reporting. Michael Goss, the Company's Principal Accounting Officer and Controller, became Interim Chief Financial Officer and the Company will conduct a search for a permanent replacement.

In the same release, the Company reaffirmed its full year 2025 guidance of Net Sales of approximately $4.7 billion^a and Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion, as previously provided on November 6, 2025. The guidance is preliminary: it is subject to completion of the year-end financial close, has not been reviewed by the independent auditors, and actual results reported in the Form 10-K may differ materially. The Adjusted Pro Forma Operating EBITDA figure reflects recurring stand-alone public company costs of approximately $96 million expected annually after the spin-off.

The Company plans to hold its fourth quarter and full year 2025 earnings call on Thursday, February 26, 2026, at 8:00 a.m. ET, where leadership will review results and provide a business update.

02—Key points

Key Highlights

Chief Financial Officer Matthew Harbaugh resigned for health reasons, effective January 12, 2026.
Michael Goss, Principal Accounting Officer and Controller since November 1, 2025, became Interim Chief Financial Officer; a permanent search is underway.
The filing states Harbaugh's departure was not related to the consolidated financial statements, financial reporting, or internal controls over financial reporting.
Full year 2025 guidance reaffirmed: Net Sales of approximately $4.7 billion and Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion.
2025 guidance is preliminary, has not been reviewed by auditors, and may differ materially from the Form 10-K results.
Adjusted Pro Forma Operating EBITDA includes approximately $96 million of annual recurring stand-alone public company costs following the spin-off.
Fourth quarter and full year 2025 earnings call scheduled for February 26, 2026, at 8:00 a.m. ET.

03—Questions

Frequently Asked Questions

Why did the Chief Financial Officer leave?
Matthew Harbaugh resigned from his role as Chief Financial Officer due to health reasons, effective January 12, 2026. The Company stated that his departure was not related to its financial statements, financial reporting, or internal controls over financial reporting.
Who is running the finance function now?
Michael Goss, the Company's Principal Accounting Officer and Controller, has been appointed Interim Chief Financial Officer while the Company searches for a permanent replacement. Goss previously held senior roles at DuPont de Nemours, Inc., including Vice President, Principal Accounting Officer and Controller from December 2018.
Did Qnity change its 2025 financial outlook?
No. The Company reaffirmed its full year 2025 guidance of Net Sales of approximately $4.7 billion and Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion, as first provided on November 6, 2025. The guidance remains subject to completion of year-end closing procedures and audit-related finalization.
When will Qnity report full year 2025 results?
The Company plans to review its fourth quarter and full year 2025 financial results and provide a business update on its earnings call scheduled for Thursday, February 26, 2026, at 8:00 a.m. ET. Call and webcast details were to be provided in the coming weeks.
What is the $96 million of stand-alone public company costs?
The Adjusted Pro Forma Operating EBITDA guidance reflects recurring stand-alone public company costs of approximately $96 million expected to be incurred annually following the spin-off. These costs are a non-GAAP pro forma adjustment included in the guidance figure.

04—Continue

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