RYVYL appoints Mary Lay Hoitt as Interim CFO replacing J. Drew Byelick

RYVYL Inc.

Mary Lay Hoitt appointed Interim CFO effective March 9, replacing J. Drew Byelick who resigned.
Hoitt is a partner at SeatonHill; RYVYL will pay SeatonHill $51,500 per month.
Hoitt has experience with financial restatements and raising over $50M in PIPE financing.
Company is in the process of restating previously issued financial statements and filing 2022 annual report.

item 5.02 item 8.01 item 9.01

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Appointed (interim)

Mary Lay Hoitt

Interim Chief Financial Officer

RVYL · RYVYL Inc.

Effective: 2023-03-09
Filed: March 14, 2023, 7:59 PM ET

On March 8, 2023, RYVYL Inc. (the “Company”) appointed Mary Lay Hoitt as the Company’s Interim Chief Financial Officer, effective as of March 9th.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Lay Hoitt was appointed as Interim Chief Financial Officer at RYVYL Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On March 8, 2023, RYVYL Inc. (the “Company”) appointed Mary Lay Hoitt as the Company’s Interim Chief Financial Officer, effective as of March 9th.

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RYVYL Inc. filing history →

Source: SEC EDGAR

accession 0001185185-23-000206

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