ContextLogic has appointed Scott Stewart as CFO and chief operating officer, effective immediately. Stewart succeeds interim finance chief Chad Chevalier, who took the role in January following Michael Scarola's December 2025 departure. Stewart joins from Cantaloupe, where he served as CFO for four years after initially joining as chief accounting officer in 2020. He previously spent 13 years at Intercontinental Exchange, owner of the New York Stock Exchange, serving as assistant controller. He began his career at Ernst & Young. The Oakland-based company is rebuilding its executive team after transforming from an e-commerce entity to a business holding company. Previously the parent of Wish, ContextLogic sold those assets for $161 million in April 2024. The company recently acquired US Salt Parent Holdings for $907.5 million.

ContextLogic Holdings Inc, trading on OTCQB as LOGC, reported a net loss of $13 million for the fourth quarter of fiscal year 2025, compared to a $2 million loss in the same period of 2024. The company held $218 million in cash, cash equivalents and marketable securities as of 31 December 2025. The company completed its $907.5 million acquisition of US Salt Parent Holdings on 26 February 2026, marking a strategic shift towards building a business ownership platform. During the fourth quarter, ContextLogic incurred $15 million in general and administrative expenses, including $7 million related to its former CEO's departure and $7 million on strategic transaction evaluations. President Mark Ward called the acquisition "the first step in building ContextLogic into a differentiated business ownership platform.