Qnity Electronics, Inc. (NYSE: Q), a leading technology solutions provider across the semiconductor value chain, has announced a key leadership transition while reaffirming confidence in its financial performance and strategic direction for 2025. The company confirmed that Chief Financial Officer Matt Harbaugh has stepped down due to health reasons, effective immediately, with seasoned finance executive Mike Goss appointed as Interim CFO.
This announcement underscores Qnity’s commitment to strong corporate governance, leadership continuity, and disciplined financial execution as it continues to scale as an independent public company.
CFO Transition Focused on Stability and Continuity
Matt Harbaugh played a pivotal role in guiding Qnity through its transition into a newly independent organization. His experience navigating complex corporate spin-offs and financial transformations helped establish a solid foundation during a critical period for the company.
Commenting on the transition, Qnity Chief Executive Officer Jon Kemp acknowledged Harbaugh’s contributions and expressed full support for his decision to prioritize his health. Harbaugh, in turn, reiterated his confidence in Qnity’s leadership team, long-term strategy, and value creation roadmap.
To ensure operational and financial continuity, Qnity appointed Mike Goss—currently the company’s Principal Accounting Officer and Controller—as Interim Chief Financial Officer. The company has also initiated a comprehensive search to identify a permanent CFO.
Mike Goss Brings Deep Financial and Operational Expertise
Mike Goss steps into the interim role with nearly 30 years of experience spanning accounting, financial operations, and portfolio transformation. Before joining Qnity, Goss spent 14 years at DuPont, where he held multiple senior finance leadership roles. Most recently, he served as Vice President, Principal Accounting Officer, and Controller from December 2018 to October 2025.
Earlier in his career, Goss built a strong foundation at Ernst & Young, gaining experience across auditing and advisory services. His background positions him well to support Qnity’s financial discipline, reporting rigor, and strategic execution.
According to Kemp, Goss is widely recognized for his ability to drive operational excellence, support strategic growth initiatives, and enhance long-term shareholder value—capabilities that are particularly critical in the capital-intensive and innovation-driven semiconductor technology ecosystem.
Qnity Reaffirms Full-Year 2025 Financial Guidance
Alongside the leadership update, Qnity reaffirmed its full-year 2025 financial guidance, signaling confidence in its underlying business fundamentals and market positioning.
The company continues to expect:
- Net Sales of approximately $4.7 billion
- Adjusted Pro Forma Operating EBITDA of approximately $1.4 billion
This guidance was originally provided during Qnity’s third-quarter business update call on November 6, 2025. Adjusted Pro Forma Operating EBITDA is a non-GAAP financial measure designed to reflect the company’s recurring operational performance as a stand-alone public entity, including anticipated annual public company costs following its spin-off.
By reaffirming its outlook, Qnity reinforces its commitment to transparency, predictability, and disciplined execution—key attributes for investors and partners operating in the fast-evolving global semiconductor market.
Looking Ahead: Q4 and Full-Year 2025 Earnings Call
Qnity’s leadership team will provide a detailed review of financial results and a broader business update during its fourth-quarter and full-year 2025 earnings call, scheduled for Thursday, February 26, 2026, at 8:00 a.m. ET. Additional details regarding the conference call and webcast will be shared in the coming weeks.
A Message of Confidence for Stakeholders
Despite the CFO transition, Qnity’s reaffirmed guidance and experienced interim leadership send a clear message of stability and strategic focus. As the company continues to innovate across the semiconductor value chain, it remains well-positioned to deliver sustainable growth and long-term value.
About Qnity
Qnity is a premier technology provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity. From groundbreaking solutions for semiconductor chip manufacturing, to enabling high-speed transmission within complex electronic systems, our high-performance materials and integration expertise make tomorrow’s technologies possible. More information about the company, its businesses and solutions can be found at www.qnityelectronics.com.
Qnity™, the Qnity Node Logo, and all products, unless otherwise noted, denoted with TM or ® are trademarks, trade names or registered trademarks of affiliates of Qnity Electronics, Inc.
