Strategy Inc. CFO Andrew Kang Exits November 5, and Reza Virasteh Takes Over the CFO Role January 1, 2027
Strategy Inc. CFO Andrew Kang resigns effective November 5, 2026. Reza Virasteh becomes CFO January 1, 2027, per the 8-K filed October 29.
Strategy Inc. says Executive Vice President and CFO Andrew Kang will resign effective November 5, 2026, for personal reasons. Reza Virasteh becomes Executive Vice President and CFO on January 1, 2027. In between, President and CEO Phong Le acts as principal financial officer from November 6 through December 31, 2026. The change is disclosed in a Form 8-K filed October 29, 2026, three days after Kang notified the company on October 26.
When does Andrew Kang leave Strategy Inc.?
Andrew Kang's resignation takes effect November 5, 2026, according to the 8-K summary reported by Kalkine Media. Kang notified the company on October 26, 2026, per CryptoPotato, and the company disclosed the change in the 8-K filed October 29.
| Date | What changes | Who holds the finance role |
|---|---|---|
| 26 Oct 2026 | Kang notifies the company of his intention to resign | Kang, EVP and CFO |
| 29 Oct 2026 | Strategy Inc. files the Form 8-K | Kang, EVP and CFO |
| 5 Nov 2026 | Kang's resignation takes effect | No successor named for this day |
| 6 Nov 2026 | Phong Le becomes principal financial officer; Shelley Khanna becomes Chief Accounting Officer | Le, President and CEO |
| 31 Dec 2026 | Kang's base pay and advisory arrangement end | Le |
| 1 Jan 2027 | Reza Virasteh becomes EVP and CFO | Virasteh |
The schedule has a one-day gap. The filing names Phong Le from November 6, the day after Kang's resignation takes effect.
Who acts as CFO between November 6 and December 31?
Phong Le, the company's President and Chief Executive Officer, serves as principal financial officer from November 6 through December 31, 2026, according to the MarketScreener and Kalkine Media accounts of the filing. That window runs about eight weeks, or 56 days counting both ends.
The principal financial officer and the principal accounting officer are different roles. Shelley Khanna, currently Global Controller, becomes Chief Accounting Officer and principal accounting officer on November 6. Khanna covers accounting. Le covers the financial officer role, which the filing ties to the CEO for the interim period.
Who is Reza Virasteh and what does the appointment involve?
Reza Virasteh is currently Executive Vice President of Operations at Strategy Inc., according to the 8-K summary reported by Kalkine Media. The filing names Virasteh as successor and sets the CFO start date at January 1, 2027.
The filing also sets a shared arrangement. From January 1, 2027, Virasteh serves as co-principal financial officer alongside Phong Le, who continues as President and CEO.
What pay goes with the CFO change?
The filing sets out pay for both executives. These figures are the terms in the October 29, 2026 filing, not amounts already paid.
Andrew Kang (outgoing), as of the 29 October 2026 filing:
| Item | Term | Condition or timing |
|---|---|---|
| Base pay | Continues | Through December 31, 2026 |
| Lump-sum payment | $883,400 | On signing a general release |
| COBRA health coverage | Six months, approximately $20,000 | Included in the same release arrangement |
Reza Virasteh (incoming), as of the 29 October 2026 filing:
| Item | Term | Timing |
|---|---|---|
| Base salary | $500,000 | Effective November 5, 2026 |
| Annual discretionary cash bonus target | $400,000 | Annual target, may be prorated for 2026 |
| RSUs | Target value $1,000,000 | Granted November 5, 2026; vest in equal annual installments over four years |
| Stock options | Target value $1,000,000 | Granted November 5, 2026; vest over four years |
Virasteh's salary increase starts two months before the CFO title does, per Kalkine's summary. The 8-K ties his grants to November 5 and the title to January 1, 2027. The $883,400 figure is the same one CoinPaprika cites as part of Kang's advisory arrangement.
Did Andrew Kang leave over a disagreement?
The company says no. The 8-K states that Kang's decision to resign is due to personal reasons and is not the result of any disagreement with the company on any matter relating to its operations, policies or practices. Stock Titan and KuCoin both carry the same wording. Those are the company's own statements, so they are labelled as company claims.
The timing is the counter-case. Kang notified the company on October 26 and the filing went out on October 29, which leaves little time between the decision and the public disclosure. CryptoPotato framed the exit as abrupt and asked whether it is a red flag for MSTR shareholders.
Who else changes roles in the filing?
Shelley Khanna, currently Global Controller, becomes Chief Accounting Officer and principal accounting officer on November 6, 2026, according to the 8-K summary reported by Kalkine Media.
According to Stock Titan's copy of the 8-K, Shirish Jajodia, Vice President, Corporate Treasurer, and Chaitanya Jain, Director, Investor Relations, will each report directly to Phong Le from November 6, 2026. This reporting change rests on one source, so treat it as reported rather than confirmed.
What's still unclear?
- Two names for one company. The 8-K and most coverage use Strategy Inc., while KuCoin's headline uses MicroStrategy and the ticker MSTR. This article treats both as the same registrant, because the filing is made by Strategy Inc.
- Who signs for November 5. The filing names Phong Le from November 6. It names no finance officer for November 5 itself, the day Kang's resignation takes effect.
- How the post-2026 split works. The filing does not say how Le and Virasteh divide the co-principal financial officer duties.
Frequently asked questions
When does Andrew Kang's resignation as Strategy Inc. CFO take effect?
Andrew Kang's resignation as Executive Vice President and Chief Financial Officer takes effect November 5, 2026, according to the Form 8-K filed October 29, 2026. Kang notified the company on October 26, 2026. Reza Virasteh becomes Executive Vice President and CFO on January 1, 2027. Phong Le acts as principal financial officer in between, from November 6 through December 31, 2026.
Who acts as CFO for Strategy Inc. between November 6 and December 31, 2026?
Phong Le, the company's President and Chief Executive Officer, serves as principal financial officer from November 6 through December 31, 2026. That period lasts about eight weeks. Shelley Khanna, the Global Controller, becomes Chief Accounting Officer on November 6, which is a separate accounting role, not the CFO post.
Did Andrew Kang leave Strategy Inc. because of a disagreement with the company?
No, according to the company. The 8-K states that Kang's resignation is due to personal reasons and is not the result of any disagreement with the company on its operations, policies or practices. Stock Titan and KuCoin both reported the wording.
What pay does Reza Virasteh receive under the CFO appointment?
As of the October 29, 2026 filing, Reza Virasteh's base salary rises to $500,000 effective November 5, 2026. The terms include an annual discretionary cash bonus target of $400,000 and RSUs and stock options, each valued at $1,000,000. These are the filing's stated terms, not amounts already paid.
Sources
- Strategy Inc CFO Andrew Kang Steps Down; Reza Virasteh to Succeed in 2027, Kalkine Media (2026-10-29)
- Strategy Inc Announces CFO Changes, MarketScreener (2026-10-29)
- 8-K: Strategy Inc Reports Material Event, Stock Titan (2026-10-29)
- Strategy's Finance Chief Exits, CoinPaprika (2026-11-01)
- Strategy CFO Abruptly Resigns: Is This a Red Flag for MSTR?, CryptoPotato (2026-11-01)
- MSTR CFO Resigns Amid Record $21 Billion Quarterly Profit, KuCoin (2026-10-30)