Flywire Appoints Former Bank of America Chief Audit Executive Christine Katziff to Board and Audit Committee

summarizeSummary

Flywire Corporation announced the appointment of Christine Katziff, a former Bank of America Chief Audit Executive, to its Board of Directors and Audit Committee, enhancing governance and financial oversight.

check_boxKey Events

• New Independent Director Appointed

  Christine Katziff, former Chief Audit Executive at Bank of America, was appointed to Flywire's Board of Directors as a Class I director, effective March 25, 2026.

• Board Expansion and Audit Committee Role

  The Board expanded from eight to nine directors, and Ms. Katziff was appointed to the Audit Committee, bringing significant financial and risk expertise.

• Director Compensation Detailed

  Ms. Katziff will receive an annual cash retainer of $45,000 and an initial restricted stock unit award valued at $350,000, with annual RSU awards thereafter, consistent with the company's non-employee director compensation plan.

auto_awesomeAnalysis

The appointment of Christine Katziff, with her extensive background in financial services, risk management, and audit leadership from Bank of America, is a significant positive for Flywire's corporate governance. Her expertise will be particularly valuable on the Audit Committee, strengthening the company's oversight of financial rigor, risk, and compliance as it continues to scale and navigate evolving industry risks. This move signals a commitment to robust internal controls and strategic growth, following the company's recent strong financial results but also disclosed substantial risks.