$3.010
+0.093 (+3.08%)At close
VRRM News
VRRM Events
Verra Mobility CFO Craig Conti Resigns
Verra Mobility announced that Craig Conti will step down as EVP and CFO to pursue a role at a private company outside of Verra Mobility's industry, effective November 4. The Board has begun a comprehensive search process with the assistance of a leading executive search firm to fill the CFO position on a permanent basis. Verra Mobility expects to appoint an interim CFO. Conti's departure is not related to the company's financial or operating results or to any disagreements with the company regarding its financial, operational, accounting or reporting policies or practices.
Verra Mobility Appoints Jon Newhard as CEO
Verra Mobility announced that Jon Newhard has been appointed President and CEO, effective November 1. Newhard brings more than two decades of experience in the transportation and mobility industry, including his most recent position as CEO of Yunex Traffic GmbH. Newhard has deep expertise across intelligent transportation systems, information technology, business development and commercial strategy.
Verra Mobility Launches AI-Driven Title & Registration Solution
Verra Mobility announced an AI-driven Title & Registration solution built to help fleets cut through the manual, state-by-state complexity that has long slowed vehicle deployment and increased compliance risk. "We understand where customers feel the most friction and what they need from a modern solution," said Stacey Moser, chief customer officer, Verra Mobility. "Every day a vehicle sits waiting on paperwork is a day it isn't generating revenue for our customers. We've built AI directly into that operational foundation to help our customers get vehicles on the road faster, lower total cost of ownership, and provide stronger compliance confidence at scale."
Verra Mobility and Hertz Renew Contract, Explore New Technology Solutions
Verra Mobility (VRRM) and The Hertz Corporation (HTZ), on behalf of its Hertz, Dollar, and Thrifty brands, shared additional details regarding their recent contract renewal, including plans to explore new technology solutions that build on their long-standing tolling and violations management partnership. The parties announced during quarterly earnings the renewed agreement extending their 20-year partnership. In the expanded agreement, the companies will explore new technology solutions to further improve Hertz's customer experience. Verra Mobility will also continue to provide Hertz with a fully outsourced toll and violations management program, helping improve administrative efficiency while giving renters a more convenient, frictionless experience on cashless and all-electronic tolling networks across North America.
Sees 2026 Revenue at $945M-$965M
Sees 2026 revenue $945M-$965M, consensus $988.75M.
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