{"success":true,"data":{"pressRelease":{"id":"4661","rtpr_id":"nGNXX93LL","ticker":"XBP","exchange":"NASDAQ","all_tickers":["XBP"],"title":"XBP Global Appoints Acquelia Colaco as Chief Human Resources Officer, Strengthening Its AI-First Enterprise Vision","author":"Globe Newswire","published_at":"2026-04-22T12:29:09.062Z","article_body":"IRVING, Texas, April 22, 2026 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc.\n(“XBP Global” or “the Company”) (NASDAQ: XBP), a multinational\ntechnology and services company orchestrating mission-critical systems that\nenable hyper-automation and digital transformation, announced the appointment\nof Acquelia Colaco as its Chief Human Resources Officer (CHRO).\n\nAcquelia will lead the global people's agenda across the Americas, Europe, and\nAsia, with a mandate to align talent, leadership, and culture to this next\nphase of AI-led transformation.\n\nHer focus will include advancing XBP Global’s people strategy anchored in\naccountability, belief, and competence, while building a future-ready\nworkforce that can operate effectively alongside intelligent systems,\nstrengthening leadership capability, and enhancing employee experience across\nregions. She will also drive organizational effectiveness and HR\ntransformation initiatives that enable greater agility, scalability, and\nperformance in an increasingly automated enterprise.\n\nAcquelia brings over 20 years of experience leading HR transformation across\nglobal organizations. She has held senior leadership roles at Tesco Business\nSolutions, Infosys Technologies, IBM Global Process Services, and RND Softech,\nwhere she led large, multi-country workforces and partnered with business\nleaders to deliver measurable enterprise impact.\n\nAndrej Jonovic, Chief Executive Officer of XBP Global, said, “We’re in the\nearly stages of a disruption that is redefining how every enterprise thinks\nabout staffing, skills and organizational design. The enterprises that will\nthrive are not the ones pretending this is not happening, nor the ones\ntreating it purely as a cost exercise but rather those deliberately\nredesigning around human strengths, especially the human accountability\nfactor. That is the mandate Acquelia is stepping into, and we are very excited\nthat she will play a critical role in ensuring our people are built up, not\nmerely reorganized, in this fundamental shift.”\n\nAcquelia Colaco, Chief Human Resources Officer, XBP Global, added, “The\nchallenge is not just adopting AI, but building an organization that can\nevolve with it. Our focus is on developing talent, leadership, and ways of\nworking that enable people to operate alongside intelligent systems at scale.\nThat’s how we translate strategy into sustained performance.”\n\nForward-Looking Statements \nThis press release contains “forward-looking statements” within the\nmeaning of the United States Private Securities Litigation Reform Act of 1995,\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nExchange Act. These statements include financial forecasts, projections, and\nother statements about future operations, financial position, business\nstrategy, market opportunities, and trends. Forward-looking statements can\noften be identified by terms such as “may,” “should,” “expect,”\n“intend,” “will,” “estimate,” “anticipate,” “believe,”\n“predict,” “plan,” “targets,” “projects,” “could,”\n“would,” “continue,” “forecast,” or similar expressions. All\nforward-looking statements are based on estimates, forecasts, and assumptions\nthat are inherently uncertain and subject to risks and factors that could\ncause actual results to differ materially. These include, but are not limited\nto: (1) risks related to the acquisition and related restructuring, including\nthe inability to realize anticipated benefits, disruptions to operations, and\ncosts associated with the acquisition; (2) legal proceedings; (3) failure to\nmaintain compliance with Nasdaq listing standards; (4) competition and market\nconditions; (5) economic, geopolitical, and regulatory changes; (6) challenges\nin retaining clients, employees, and suppliers; and (7) other risks detailed\nin the Company’s filings with the SEC, including the “Risk Factors”\nsection of its Annual Report on Form 10-K for 2025. Readers are cautioned not\nto place undue reliance on forward-looking statements, which speak only as of\nthe date made. XBP Global undertakes no obligation to update these statements,\nexcept as required by law. There is no assurance that XBP Global or its\nsubsidiaries will achieve the results projected in these statements.\n\nAbout XBP Global\n\nXBP Global is a multinational technology and services company powering\nintelligent workflows for organizations worldwide. With a presence in 20\ncountries and approximately 10,600 employees, XBP Global partners with over\n2,500 clients, including many of the Fortune 100, to orchestrate\nmission-critical systems that enable hyper-automation.\n\nOur proprietary platforms, agentic AI-driven automation, and deep domain\nexpertise across industries and the public and private sectors enable our\nclients to entrust us with their most impactful digital transformations and\nworkflows. By combining innovation with execution excellence, XBP Global helps\nbusinesses reimagine how they work, transact, and unlock value.\n\nFor more news, commentary, and industry perspectives, visit:\nhttps://www.xbpglobal.com/\n\nAnd please follow us on social:\n\nX: https://X.com/XBPglobal\n\nLinkedIn: https://www.linkedin.com/company/xbpglobal/\n\nThe information posted on XBP Global’s website and/or via its social media\naccounts may be deemed material to investors. Accordingly, investors, media\nand others interested in XBP Global should monitor XBP Global’s website and\nits social media accounts in addition to XBP Global’s press releases, SEC\nfilings and public conference calls and webcasts.\n\nInvestor Relations: David Shamis, CFA, investors@xbpglobal.com | Media\nQueries: Srushti Rao, press@xbpglobal.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5a888924-2773-4cee-9583-8f5407d41c65\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/7695d1db-a4f6-414f-a596-2a8229795f4d)\nXBP Global Appoints Acquelia Colaco as Chief Human Resources Officer \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5a888924-2773-4cee-9583-8f5407d41c65/en)\nXBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ:\nXBP), announced the appointment of Acquelia Colaco as its Chief Human\nResources Officer (CHRO).Acquelia will lead the global people's agenda across\nthe Americas, Europe, and Asia, with a mandate to align talent, leadership,\nand culture to this next phase of AI-led transformation.\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXX93LL","title":"XBP Global Appoints Acquelia Colaco as Chief Human Resources Officer, Strengthening Its AI-First Enterprise Vision","author":"Globe Newswire","ticker":"XBP","created":"2026-04-22T12:29:09.062Z","tickers":["XBP"],"exchange":"NASDAQ","article_body":"IRVING, Texas, April 22, 2026 (GLOBE NEWSWIRE) -- XBP Global Holdings, Inc.\n(“XBP Global” or “the Company”) (NASDAQ: XBP), a multinational\ntechnology and services company orchestrating mission-critical systems that\nenable hyper-automation and digital transformation, announced the appointment\nof Acquelia Colaco as its Chief Human Resources Officer (CHRO).\n\nAcquelia will lead the global people's agenda across the Americas, Europe, and\nAsia, with a mandate to align talent, leadership, and culture to this next\nphase of AI-led transformation.\n\nHer focus will include advancing XBP Global’s people strategy anchored in\naccountability, belief, and competence, while building a future-ready\nworkforce that can operate effectively alongside intelligent systems,\nstrengthening leadership capability, and enhancing employee experience across\nregions. She will also drive organizational effectiveness and HR\ntransformation initiatives that enable greater agility, scalability, and\nperformance in an increasingly automated enterprise.\n\nAcquelia brings over 20 years of experience leading HR transformation across\nglobal organizations. She has held senior leadership roles at Tesco Business\nSolutions, Infosys Technologies, IBM Global Process Services, and RND Softech,\nwhere she led large, multi-country workforces and partnered with business\nleaders to deliver measurable enterprise impact.\n\nAndrej Jonovic, Chief Executive Officer of XBP Global, said, “We’re in the\nearly stages of a disruption that is redefining how every enterprise thinks\nabout staffing, skills and organizational design. The enterprises that will\nthrive are not the ones pretending this is not happening, nor the ones\ntreating it purely as a cost exercise but rather those deliberately\nredesigning around human strengths, especially the human accountability\nfactor. That is the mandate Acquelia is stepping into, and we are very excited\nthat she will play a critical role in ensuring our people are built up, not\nmerely reorganized, in this fundamental shift.”\n\nAcquelia Colaco, Chief Human Resources Officer, XBP Global, added, “The\nchallenge is not just adopting AI, but building an organization that can\nevolve with it. Our focus is on developing talent, leadership, and ways of\nworking that enable people to operate alongside intelligent systems at scale.\nThat’s how we translate strategy into sustained performance.”\n\nForward-Looking Statements \nThis press release contains “forward-looking statements” within the\nmeaning of the United States Private Securities Litigation Reform Act of 1995,\nSection 27A of the Securities Act of 1933, as amended, and Section 21E of the\nExchange Act. These statements include financial forecasts, projections, and\nother statements about future operations, financial position, business\nstrategy, market opportunities, and trends. Forward-looking statements can\noften be identified by terms such as “may,” “should,” “expect,”\n“intend,” “will,” “estimate,” “anticipate,” “believe,”\n“predict,” “plan,” “targets,” “projects,” “could,”\n“would,” “continue,” “forecast,” or similar expressions. All\nforward-looking statements are based on estimates, forecasts, and assumptions\nthat are inherently uncertain and subject to risks and factors that could\ncause actual results to differ materially. These include, but are not limited\nto: (1) risks related to the acquisition and related restructuring, including\nthe inability to realize anticipated benefits, disruptions to operations, and\ncosts associated with the acquisition; (2) legal proceedings; (3) failure to\nmaintain compliance with Nasdaq listing standards; (4) competition and market\nconditions; (5) economic, geopolitical, and regulatory changes; (6) challenges\nin retaining clients, employees, and suppliers; and (7) other risks detailed\nin the Company’s filings with the SEC, including the “Risk Factors”\nsection of its Annual Report on Form 10-K for 2025. Readers are cautioned not\nto place undue reliance on forward-looking statements, which speak only as of\nthe date made. XBP Global undertakes no obligation to update these statements,\nexcept as required by law. There is no assurance that XBP Global or its\nsubsidiaries will achieve the results projected in these statements.\n\nAbout XBP Global\n\nXBP Global is a multinational technology and services company powering\nintelligent workflows for organizations worldwide. With a presence in 20\ncountries and approximately 10,600 employees, XBP Global partners with over\n2,500 clients, including many of the Fortune 100, to orchestrate\nmission-critical systems that enable hyper-automation.\n\nOur proprietary platforms, agentic AI-driven automation, and deep domain\nexpertise across industries and the public and private sectors enable our\nclients to entrust us with their most impactful digital transformations and\nworkflows. By combining innovation with execution excellence, XBP Global helps\nbusinesses reimagine how they work, transact, and unlock value.\n\nFor more news, commentary, and industry perspectives, visit:\nhttps://www.xbpglobal.com/\n\nAnd please follow us on social:\n\nX: https://X.com/XBPglobal\n\nLinkedIn: https://www.linkedin.com/company/xbpglobal/\n\nThe information posted on XBP Global’s website and/or via its social media\naccounts may be deemed material to investors. Accordingly, investors, media\nand others interested in XBP Global should monitor XBP Global’s website and\nits social media accounts in addition to XBP Global’s press releases, SEC\nfilings and public conference calls and webcasts.\n\nInvestor Relations: David Shamis, CFA, investors@xbpglobal.com | Media\nQueries: Srushti Rao, press@xbpglobal.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/5a888924-2773-4cee-9583-8f5407d41c65\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/7695d1db-a4f6-414f-a596-2a8229795f4d)\nXBP Global Appoints Acquelia Colaco as Chief Human Resources Officer \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/5a888924-2773-4cee-9583-8f5407d41c65/en)\nXBP Global Holdings, Inc. (“XBP Global” or “the Company”) (NASDAQ:\nXBP), announced the appointment of Acquelia Colaco as its Chief Human\nResources Officer (CHRO).Acquelia will lead the global people's agenda across\nthe Americas, Europe, and Asia, with a mandate to align talent, leadership,\nand culture to this next phase of AI-led transformation.\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-04-22T12:29:09.128535148Z","server_sent_at_ms":1776860949128},"received_at":"2026-04-22T12:29:09.181Z","source_url":null},"analysis":{"id":"3288","press_release_id":"4661","analysis_json":{"industry":{"label":"Software & Services","sector":"Information Technology"},"redFlags":[],"eventType":"executive_change","narrative":"XBP Global appointed Acquelia Colaco as Chief Human Resources Officer to lead the company's global people strategy across the Americas, Europe, and Asia.\n\nColaco brings over 20 years of experience, having held senior HR leadership roles at Tesco Business Solutions, Infosys Technologies, IBM Global Process Services, and RND Softech.\n\nHer mandate focuses on aligning talent and culture with XBP's AI-led transformation, specifically building a workforce capable of operating alongside intelligent systems.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"New CHRO hire underscores XBP Global's focus on human capital in the AI era."},"keyFigures":{"customDimensions":{"client_count":2500,"country_count":20,"employee_count":10600}},"quotedText":"We’re in the early stages of a disruption that is redefining how every enterprise thinks about staffing, skills and organizational design.","namedEntities":{"people":[{"name":"Acquelia Colaco","role":"Chief Human Resources Officer"},{"name":"Andrej Jonovic","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"XBP Global Holdings, Inc.","ticker":"XBP"},{"name":"Tesco Business Solutions"},{"name":"Infosys Technologies"},{"name":"IBM Global Process Services"},{"name":"RND Softech"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Appointment of a CHRO is a standard organizational update. While the role supports the company's AI strategy, it does not constitute a material financial or operational event on its own."},"tickerRelevance":{"others":[],"primary":"XBP"},"eventTypeSecondary":[]},"event_type":"executive_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"XBP Global appointed Acquelia Colaco as Chief Human Resources Officer to lead the company's global people strategy across the Americas, Europe, and Asia.\n\nColaco brings over 20 years of experience, having held senior HR leadership roles at Tesco Business Solutions, Infosys Technologies, IBM Global Process Services, and RND Softech.\n\nHer mandate focuses on aligning talent and culture with XBP's AI-led transformation, specifically building a workforce capable of operating alongside intelligent systems.","key_figures":{"customDimensions":{"client_count":2500,"country_count":20,"employee_count":10600}},"named_entities":{"people":[{"name":"Acquelia Colaco","role":"Chief Human Resources Officer"},{"name":"Andrej Jonovic","role":"Chief Executive Officer"}],"products":[],"companies":[{"name":"XBP Global Holdings, Inc.","ticker":"XBP"},{"name":"Tesco Business Solutions"},{"name":"Infosys Technologies"},{"name":"IBM Global Process Services"},{"name":"RND Softech"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T15:39:56.143Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.151Z"}},"durationMs":95571,"modelName":"glm-4.7"}}