Jumbo Interactive Confirms Departure of CFO Jatin Khosla

Jumbo Interactive Limited announced on October 2, 2026, that Jatin Khosla will leave his position as Chief Financial Officer to accept another professional opportunity. Khosla will remain with the company for an additional period to ensure an orderly transition while Jumbo begins the formal process of appointing a new CFO.

Announcement Details and Timeline

The company communicated the departure of its Chief Financial Officer in a brief corporate statement sent to the market. The text specifies that Jatin Khosla will support the transition from his current position and that the board of directors and executive team will provide operational continuity during the replacement.

Jumbo did not set a specific date for a definitive departure nor appoint an interim in the statement; the company only noted that it will provide an additional update in due course once the selection process advances.

Financial Team and Continuity

Jumbo Interactive Limited stated that it has a "strong and experienced" financial leadership team that will ensure continuity during the transition. The statement underscores that this structure provides stability to the business while the search for the new CFO is completed.

The maintenance of financial operations and investor relations is structured around the existing team, according to the note. The company emphasizes that the transition will be managed to minimize operational impact and maintain the execution of the ongoing corporate strategy.

CEO Mike Veverka's Statement

Mike Veverka, listed in the communication as Managing Director, CEO, and Founder of Jumbo, publicly thanked Khosla and summarized his contributions to the company over the last five years.

"Jatin has made a significant contribution to Jumbo over the last five years and has been a valued member of our leadership team," said Mike Veverka.

Veverka attributed Khosla with transforming the group's financial function and strengthening capabilities in three areas: financial, capital markets, and investor relations. He added that Khosla also played a crucial role in defining and executing the business strategy, including mergers and acquisitions (M&A) operations and the continuous evolution of the group.

"On behalf of the Board and the Jumbo team, I want to sincerely thank Jatin for his contribution and wish him success in the next stage of his career," concluded Veverka.

Implications of the Transition for Investors and Stakeholders

The statement does not include financial forecasts, compensation figures, or specific dates for the replacement. For investors, the verifiable pieces of information are three: Khosla's departure, his temporary support for an orderly transition, and the initiation of a formal appointment process by the company.

From the perspective of corporate interlocutors, the presence of a stable financial team reduces immediate operational risk. Jumbo emphasizes that the existing structure is designed to maintain relationships with capital markets and reporting duties until the new CFO is appointed.

Search Process and Next Steps

Jumbo confirmed that it will provide an update in due course once the selection process for the new Chief Financial Officer advances. No selection criteria, estimated timelines, or responsible interlocutors for the process were detailed; the company limited the information to the formal opening of the procedure.

In the meantime, the company maintains its usual communication channels with the market and shareholders. Management has positioned the transition within an orderly and controlled management framework, supported by the existing financial team.

Executive Context and CFO Responsibilities at Jumbo

In the statement, the roles attributed to Khosla provide a roadmap of the responsibilities that his successor will need to assume: group financial management, interaction with capital markets, maintenance of investor relations, and support in the execution of strategy and in M&A operations. The new CFO will inherit these operational and external stakeholder communication functions.

For suppliers, banks, and advisors, the public signal is that the company seeks a smooth transition that preserves operations and relations with investors. For the market, the information available today is strictly the confirmation of the departure and the assurance of continuity.

What to Verify in Upcoming Communications

The upcoming milestones to watch for in Jumbo's updates will be:

1. the effective date of Jatin Khosla's departure;

2. whether an interim CFO is announced and who occupies the role;

3. the profile of the selected candidate and any immediate impact on strategy or M&A operations.

The company promised additional communication at the appropriate time. Until then, Jumbo reaffirms that daily management and obligations to the markets will be covered by its current financial staff.

Gonzalo Marín, Corresponsal de operaciones del sector.