---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-011327"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:54:41.952705+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Remitly appoints Vikas Mehta as CFO; Hemanth Munipalli resigns effective Aug 19, 2024

## Summary
- Vikas Mehta named CFO effective Aug 19, 2024; succeeds Hemanth Munipalli, who resigns for family reasons.
- Mehta previously CFO of Komodo Health, Anaplan, Nike Direct; 25+ years at Walmart, Microsoft, PayPal.
- Mehta receives $290k base salary, up to 875k RSUs or $12M value (4-yr vest), plus $2M cash payment (2-yr vest).
- Munipalli remains through Sept 30, 2024 for orderly transition; no accounting disagreements.
- EVP Rene Yoakum to retire effective Dec 31, 2024; oversees transition of duties.

## SEC filing metadata
- accession: 0000950103-24-011327
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000095010324011327/0000950103-24-011327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000095010324011327/dp215746_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-011327
- JSON: https://secwatch.observer/filing/0000950103-24-011327.json
- Plain text: https://secwatch.observer/filing/0000950103-24-011327.txt

## Key facts
- Executive change
  Hemanth Munipalli resigned as Chief Financial Officer at Remitly Global, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Hemanth Munipalli will resign from his position with the Company effective August 19, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000095010324011327/0000950103-24-011327-index.htm
- Executive change
  Rene Yoakum departed as EVP, Customer and Culture at Remitly Global, Inc..
  - Action: retire
  - Role: EVP, Customer and Culture
  source text: Rene Yoakum, the Company’s EVP, Customer and Culture provided notice that she will retire from the Company effective December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000095010324011327/0000950103-24-011327-index.htm
- Executive change
  Vikas Mehta was appointed as Chief Financial Officer at Remitly Global, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On July 29, 2024, the Board of Directors (the “Board”) of Remitly Global, Inc. (the “Company”) approved the appointment of Vikas Mehta as Chief Financial Officer (“CFO”) of the Company, effective as of Mr. Mehta’s commencement of employment with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000095010324011327/0000950103-24-011327-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.