Ryvyl Inc. on March 27, 2026, Board of Directors appointed Steven Fletcher as a director, filling a vacancy. Mr. Fletcher will serve on the audit committee, has been determined to be an independent member and is expected to remain on the board, following the merger. Mr. Fletcher brings more than 20 years of investment banking experience, having begun his banking career at Goldman Sachs, where he held several leadership roles, including Head of the Private Placement Group, Head of the IT Services sector, and Co-Head of the Hardware, Storage, EMS, and Internet Infrastructure sectors.
He began his career at Deloitte & Touche as a CPA, and received his M.B.A. from the Wharton School of the University of Pennsylvania. Mr. Fletcher has extensive expertise in debt and equity financing, strategic transactions, capital allocation, capital markets, and corporate financial management, particularly within the digital media sector. He also brings significant corporate governance experience through prior board service, including as an independent director of atVenu, LifeSignals Inc., a healthcare technology company and Lee Enterprises, a provider of local news with more than 350 weekly and specialty publications across 72 markets in 25 states, where he is Chairman of the Audit and Risk Committees, and a member of the Compensation Committee.
Mr. Fletcher was also a co-founder and Co-Head of the Digital Media Group and Head of the Software Group at GCA Savvian, a global investment bank, and since 2018 has served as CEO of Explorer Parent LLC, a firm that sponsors special purpose acquisition companies (SPACs), including seven SPAC IPOs. Mr. Fletcher has a 27-year relationship advising RTB?s founding team, dating back to Rivals.com while at Goldman Sachs. He led the sale of Scout.com to News Corp.
and 5to1 to Yahoo, where he worked with founder Heckman on the nine-figure Interclick acquisition and the AOL/Yahoo/MSN joint advertising venture. More recently he worked with the team at Arena Group/Maven, and now Roundtable.
