other material
confidence high
sentiment neutral
materiality 0.15
Remitly reclassifies director Phillip Riese from Class III to Class I to equalize board classes
Remitly Global, Inc.
- Two directors decided not to stand for re-election, causing unequal board class sizes.
- Phillip Riese resigned from Class III and was reappointed as Class I director, term ending at 2022 Annual Meeting.
- Reclassification effective April 14, 2022; no break in service.