TORONTO, ONTARIO, June 4, 2026 – Sangoma Technologies Corporation (TSX: STC; Nasdaq: SANG) (“Sangoma” or the “Company”), a trusted industry leader offering businesses Communications as a Service solutions on-premises, in the cloud or in hybrid configurations, announced today that Larry Stock has decided to step down from his role as Chief Financial Officer effective June 30, 2026, after nearly six years of distinguished service. Upon his departure, Mr. Stock will remain available to the Company in a senior advisory capacity for one year to ensure an orderly transition.
Effective July 1, 2026, Adrian Back, Senior Vice President, Finance, will assume the role of interim Chief Financial Officer. At the same time, the Board of Directors has launched a search to identify a permanent successor, including internal and external candidates. The Company will provide an update on the search process as developments occur.
“On behalf of Sangoma’s leadership team and Board of Directors, I want to thank Larry for his exceptional service,” said CEO Charles Salameh. “Larry took on the CFO role at a pivotal time and did exactly what the Company needed: he strengthened the balance sheet, established financial discipline across the organization, and leaves the Company in a significantly stronger financial position than when he joined. This foundation will benefit the entire Company for many years to come.”
“It has been an honor to serve as Sangoma’s CFO,” said Mr. Stock. “I am proud of what the finance team has built together: we sought to put the Company on a stronger financial footing, and I believe we achieved that. I have great confidence in Adrian and the broader team as the Company moves forward, and I look forward to remaining involved in an advisory role.”
Mr. Salameh added, “Adrian’s deep knowledge of our business and proven leadership of the finance function make him the ideal person to ensure continuity and stability during this transition. We have full confidence in his ability to lead the finance organization as we work to identify a permanent successor.”
Mr. Back joined Sangoma through the acquisition of Star2Star Communications in 2021 and has since held the position of Senior Vice President, Finance. In this role, his responsibilities include financial planning and analysis, external audit, SOX compliance, and treasury.
About Sangoma Technologies Corporation
Sangoma (TSX : STC ; Nasdaq : SANG) is a provider of business communications platforms, offering solutions including its award-winning UCaaS, CCaaS, CPaaS, and SIP trunking technologies. Its enterprise-grade communications suite is developed in-house and available in cloud, hybrid, or on-premises deployments. In addition, Sangoma offers managed connectivity, networking, and security services. A trusted partner for more than 40 years, Sangoma has more than 2.7 million UC seats across a diverse base of over 100 000 customers. Sangoma has been recognized for nine consecutive years in the Gartner UCaaS Magic Quadrant. As the developer and primary sponsor of the open-source Asterisk and FreePBX projects, Sangoma is committed to continuously driving innovation in communications technology. For more information, visit www.sangoma.com.