QXO, Inc. (NASDAQ: QXO) announced the resignation of Chief Accounting Officer Sean Smith, effective March 15, 2026, and the appointment of Robert Loughran as interim chief accounting officer the following day.

Smith notified the company of his intent to resign to pursue employment closer to his family home, according to the company statement. His departure was not the result of any disagreement with the company on accounting principles, financial statement practices, or internal controls.

Smith will serve in an advisory role until June 30, 2026, to facilitate an orderly transition. During this period, he will continue to receive his regular base salary and remain eligible for a prorated short-term incentive bonus.

Loughran, 61, joined QXO in March 2026 and has been a partner at Elm Street Advisors since 2023. He previously served as chief financial officer at Greenidge Generation Holdings, Inc. from January 2022 to October 2023 and as chief accounting officer from June 2021 to January 2022.

Prior to Greenidge, Loughran held the position of vice president, corporate controller at Tronox Holdings PLC from April 2018 through June 2020. He spent 14 years at Avon Products, Inc. in various senior roles, including group vice president, chief accounting officer from March 2016 to March 2019.

Loughran began his career in audit at Price Waterhouse LLP and is a certified public accountant. He holds a bachelor of science degree from the University of Connecticut.