---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-001601"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:05:26.308553+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001185185-25-001601
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518525001601/0001185185-25-001601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518525001601/rvyl8k103025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-001601
- JSON: https://secwatch.observer/filing/0001185185-25-001601.json
- Plain text: https://secwatch.observer/filing/0001185185-25-001601.txt

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