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CPL announces a planned leadership shift with Todd Liebert moving to Senior Advisor and Chris Colby stepping in as interim leader while the firm searches for its next chief executive

Executive summary: Todd Liebert moved to a Senior Advisor role on August 1, 2026, and Chris Colby was named to lead CPL while the company conducts a search for its next chief executive. The leadership change at CPL could influence client confidence, strategic direction, and succession planning as the firm pursues continued growth.

Who is involved: Todd Liebert (outgoing leader), Chris Colby (interim leader), CPL's board and executive team, and prospective CEO candidates.

Likely next: CPL will proceed with a CEO search; Chris Colby will maintain operations in the interim; an announcement of a permanent successor is expected within the next several months.

CPL disclosed that Todd Liebert transitioned to a Senior Advisor role effective August 1, 2026, and that Chris Colby will assume leadership responsibilities during the search for a permanent CEO. The move is framed as a continuation of the firm's growth and strategic momentum, aiming to ensure stability amid the transition. No immediate financial or operational disruptions were reported in the announcement.

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