Strategy Names New CFO Amid Leadership Transition

The firm appoints an interim CFO and new accounting officer to manage the transition through the start of the year.

Updated on Oct. 30, 2026 in Corporate Finance

Isometric editorial illustration showing a minimalist architectural corridor with intersecting clean walls, representing corporate leadership transition. — Strategy appointed Reza Virasteh as CFO effective January 1, following the immediate resignation of former CFO Andrew Kang. AI Illustration. Upload story photo >

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Strategy announced that CFO Andrew Kang has resigned for personal reasons, effective immediately, with CEO Phong Le stepping in as interim CFO until January 1. Reza Virasteh will assume the permanent role of CFO at the start of the new year.

Why it matters

Leadership transitions in finance departments often signal shifts in capital allocation or internal oversight priorities for operators. Managing executive succession remains a critical compliance and continuity step for businesses reporting significant operating income.

Strategy reported Q3 net income of $19.53 billion against total revenues of $125.4 million, while incoming CFO Reza Virasteh will receive a $500,000 base salary. The compensation package includes an annual cash bonus target of $400,000 and a $1 million restricted stock unit target.

The players

Strategy

A Tysons Corner, Virginia-based firm that manages significant capital and reports high-level financial results.

Andrew Kang

The outgoing CFO and principal accounting officer who is transitioning to an advisory position.

Phong Le

The CEO of Strategy who serves as the interim CFO during the leadership transition period.

Reza Virasteh

The incoming CFO appointed to lead the company's financial operations starting in 2027.

Shelley Khanna

The incoming chief accounting officer and principal accounting officer.

The details

Andrew Kang will transition to an advisory role through December 31 to assist with the handover process. Starting November 6, Shelley Khanna will take over as chief accounting officer and principal accounting officer to manage the firm's financial filings. Reza Virasteh joins the firm officially on January 1 to assume the permanent CFO duties.

November 6, 2026: Phong Le begins as interim CFO and Shelley Khanna becomes CAO.
December 31, 2026: Andrew Kang concludes his advisory period.
January 1, 2027: Reza Virasteh officially takes the CFO role.

Market Landscape

This transition aligns with the standard governance requirements established under the Sarbanes-Oxley Act regarding the oversight of principal accounting officers. It follows a pattern of structured executive succession at large enterprises aimed at ensuring continuous regulatory compliance.

Operators should monitor upcoming filings to ensure continuity in financial reporting during the transition to new accounting leadership. Evaluate whether existing internal controls remain documented as these executive changes take effect on November 6.

The takeaway

Leadership changes at the C-suite level require immediate review of delegated authorities and filing permissions. Operators should track the official November 6 transition date to ensure all financial reporting signatures are updated in accordance with internal governance policies.