Recent Updates — BRR

Silvia, Inc. separated from Chief Legal Officer Kyle Wood, Chief Operating Officer Megan Pacchia, and Chief Financial Officer Renae Cormier on October 20, 2026. Each received $500,000 in severance and vested equity. The company appointed Caroline Hennigar as the new COO and Catalina Abbey as interim CFO to lead an aggressive cost-cutting initiative expected to generate more than $10 million in annualized savings through personnel reductions and operational efficiencies. Silvia, Inc. is a publicly traded agentic finance firm that provides AI-powered personal finance tools.