Fredi Nisan resigns as RYVYL director, retires as CEO; Oliva appointed interim CEO

RYVYL Inc.

Fredi Nisan resigned as director effective Oct 30, 2025, and will retire as CEO Oct 31, 2025; no disagreement with the company.
Board appoints CFO/Director George Oliva as Interim CEO, effective Oct 31, 2025, immediately following Nisan's retirement.
George Oliva, age 64, joined RYVYL as CFO in Oct 2023, named director Sept 2025; has over 30 years senior finance experience.

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