— Digital remittance company Remitly hired Spyro Karetsos as its new chief compliance officer.
Karetsos previously held the same role at Google, where he was most recently chief legal officer. He also spent time at TD Ameritrade, SunTrust, Vanguard, and Goldman Sachs in various executive roles.
Seattle-based Remitly reported revenue of $269.1 million in its most recent quarter, up 32% year-over-year. The company’s stock is down more than 30% this year.
Last month Remitly hired Ronit Peled as its new chief people officer.
— Saurabh Tiwary, a longtime executive at Microsoft, joined Google as a vice president and general manager of Cloud AI.
Tiwary spent 11 years at Microsoft, most recently in a corporate vice president position leading a team that helped build Microsoft’s Copilot products and services. He previously worked at Google from 2010-2013 as a software engineer.
Other key personnel changes across the Pacific Northwest tech ecosystem:
— Craig Saunders, a former director at Amazon, joined London-based Builder.ai as vice president of artificial intelligence. Earlier this year the company hired former Microsoft leader Vahé Torossian as president and chief partner officer.
— Sam Cook, a former design leader at Seattle startup Fixie.ai, joined Microsoft as a principal product design manager.
— Rolanda Fu and Rasik Parikh joined Madrona as investors. Fu was previously at EY-Parthenon and Parikh worked at Cascadia Capital.
— Todd Ludwig joined Valid8 Financial as executive vice president for sales. He was previously at DataVisor, Shape Security, IBM, HP Enterprise, and Akamai. Valid8 is co-headquartered in Seattle and Boulder, Colo.
— Regan Zeebuyth joined Seattle startup Syndio as vice president of communications. Zeebuyth previously worked at Amazon and Starbucks.
— Seattle-based startup studio Madrona Venture Labs hired Elizabeth Webber as product lead. She previously worked at Outreach, Rover, and Amazon.
— Jake Milstein joined Contrast Security as vice president of corporate communications. He previously was chief marketing officer and chief revenue officer at Critical Insight.
