The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
The release is dated December 11, 2025 and was issued with the 4:05 p.m. ET third-quarter results (newsroom stamp 21:05 GMT; 8-K accepted 21:08 UTC).
Board and McDonald mutually agreed he steps down 31 January 2026, advises to 31 March; US$3.05 million lump sum; co-CEO retention awards; CEO search committee formed.[1]
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