---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-042087"
form_type: "8-K"
ticker: "FLYW"
cik: "0001580560"
company_name: "Flywire Corp"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:20:27.139688+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Flywire appoints Cosmin Pitigoi as CFO effective March 4, 2024

## Summary
- Pitigoi replaces Michael Ellis, who announced planned transition in August 2023.
- Base salary of $410,000, annual target bonus of $300,000, and $9.25M RSU grant.
- Up to $35,000 relocation reimbursement to Boston within first 12 months.
- Pitigoi previously SVP Finance at PayPal Holdings, Inc., with over a decade at eBay and PayPal.

## SEC filing metadata
- accession: 0001193125-24-042087
- form_type: 8-K
- ticker: FLYW
- cik: 0001580560
- company_name: Flywire Corp
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580560/000119312524042087/0001193125-24-042087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580560/000119312524042087/d468059d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-042087
- JSON: https://secwatch.observer/filing/0001193125-24-042087.json
- Plain text: https://secwatch.observer/filing/0001193125-24-042087.txt

## Key facts
- Executive change
  Michael Ellis changed role as Chief Financial Officer at Flywire Corp.
  - Action: transitioned
  - Role: Chief Financial Officer
  source text: As of the Effective Date, Mr. Pitigoi will be replacing Michael Ellis as the Chief Financial Officer of Flywire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580560/000119312524042087/0001193125-24-042087-index.htm
- Executive change
  Cosmin Pitigoi was appointed as Chief Financial Officer at Flywire Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On February 22, 2024, Flywire Corporation (“Flywire”) announced that Cosmin Pitigoi will join Flywire as Chief Financial Officer and as its principal financial and principal accounting officer, effective March 4, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580560/000119312524042087/0001193125-24-042087-index.htm

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