Endava Puts Finance Chief on Leave, Names Interim Replacement Amid Accounting Probe

Key Facts

Endava, listed under the ticker DAVA, appointed AlixPartners executive Conor McShane as interim chief financial officer and designated him principal financial officer and principal accounting officer effective September 21, 2026. The appointment followed the company's decision to place finance chief Mark Thurston on administrative leave from the same date.

The company said the investigation concerns questions about the accounting treatment of certain customer and supplier agreements and related matters. Independent outside counsel is conducting the review for the Audit Committee, and Endava will not comment further before it concludes; opening an investigation does not establish that accounting misconduct occurred.

Endava intends to publish its fiscal quarter 4 and full-year 2026 results and file its Form 20-F for the year ended June 30, 2026, by November 2, 2026. That disclosure will provide the latest view of its results and financial position, while the company will announce the timing of the earnings release and conference call once scheduled.

EL7 data records DAVA closing at $2.79 on September 21, 2026, after trading between $2.79 and $2.90. An accounting review can affect valuation when uncertainty over reported figures raises the risk premium investors demand, making the results and Form 20-F due by November 2, 2026, followed by the investigation's outcome, the stock's next two key milestones.