RYVYL appoints Gene Jones as Interim CFO, replacing Mary Lay Hoitt

RYVYL Inc.

Gene Jones appointed Interim CFO effective June 1, 2023, replacing Mary Lay Hoitt.
Compensation: $375/hour plus 3% admin fee to SeatonHill; ESA can be terminated with 30 days notice.
Jones previously provided consulting services under separate agreement; SeatonHill paid $92,410.32 since March 15, 2023.
Jones collaborated on the 2021 and 2022 financial restatements and compliance filings for RYVYL.
Jones is a partner at SeatonHill Partners, a CFO services firm.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed (interim)

Gene Jones

Interim Chief Financial Officer

RVYL · RYVYL Inc.

Effective: 2023-06-01
Filed: June 6, 2023, 7:59 PM ET

appointed Gene Jones as the Company’s Interim Chief Financial Officer, effective as of June 1, 2023

Departed

Mary Lay Hoitt

Chief Financial Officer

RVYL · RYVYL Inc.

Effective: 2023-06-01
Successor: Gene Jones
Filed: June 6, 2023, 7:59 PM ET

replacing Mary Lay Hoitt who left the Company on the same day.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Gene Jones was appointed as Interim Chief Financial Officer at RYVYL Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

appointed Gene Jones as the Company’s Interim Chief Financial Officer, effective as of June 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Lay Hoitt departed as Chief Financial Officer at RYVYL Inc..

Action: left
Role: Chief Financial Officer

Exact text from the filing

replacing Mary Lay Hoitt who left the Company on the same day.

View on SEC.gov

RYVYL Inc. filing history →

Source: SEC EDGAR

accession 0001185185-23-000615

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