Ceiba Investments' CEO, COO, CFO Step Down

03:03 AM EDT, 08/18/2026 (MT Newswires) -- All members of Ceiba Investments' (CBA.L) management team, including its chief executive officer, chief operating officer and chief financial officer, permanently resigned on Monday. The resignations of CEO Sebastiaan Berger, COO Cameron Young, and CFO Paul Austin follow the US Department of State's designation of the investment company as a blocked person under Executive Order 14404 on July 23, according to a Tuesday filing. The action resulted from the company's activities related to Cuba. Ceiba has been in a wind-down period since the designation, and its directors also tendered their resignations earlier. Chairman John Herring is scheduled to resign on Tuesday following a court meeting to appoint an administrator.