Remitly names Sebastian Gunningham as new CEO

Remitly Global Inc. (NASDAQ: RELY) appointed Sebastian J. Gunningham as chief executive officer and board member, effective February 19, 2026, the company announced.

Gunningham succeeds co-founder Matt Oppenheimer, who will continue as chairman of the board after leading the company for nearly 15 years. The transition represents a planned leadership change as Remitly seeks to capitalize on growth opportunities in cross-border financial services.

The new CEO brings experience from Amazon, where he served as senior vice president and member of the executive S-Team for more than a decade, leading marketplace, payments, search and fulfillment businesses. He most recently served as chairman of Santander Consumer Finance and vice chairman of Openbank.

"Sebastian is the right leader to guide Remitly through its next chapter," Oppenheimer said in a statement. "He brings deep expertise in technology and financial services, along with a proven track record of leading innovative, high-growth businesses at scale within complex multinational environments."

Gunningham previously held executive roles at Oracle and Apple and served as CEO of Material Bank and vice chair and co-CEO of WeWork. He holds a degree in mathematical sciences from Stanford University.

The board will comprise ten directors with Gunningham's addition, seven of whom are independent. Lead Independent Director Phillip Riese said the board found "the right leader for the next growth phase" of the company.

Remitly operates a money transfer platform serving customers across more than 175 countries. The company also released fourth-quarter and full-year 2025 earnings results that exceeded revenue and adjusted EBITDA guidance, according to the press release.

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