LuxWire(@LuxWire):Silvia is parting ways with its CFO, COO and Chief Legal Officer at once. All three leave by Oct 21 by mutual agreement, with $500K severance each. The new interim CFO and new COO both come from Professional Capital Management, a firm tied to Pompliano, and a cost-cutting program is expected to save more than $10M a year from lower compute and personnel costs, vendor renegotiation and cheaper executive hires. Source: Silvia 8-K, Oct 20, 2026

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LuxWire@LuxWire

2026.10.20 23:17

Silvia is parting ways with its CFO, COO and Chief Legal Officer at once. All three leave by Oct 21 by mutual agreement, with $500K severance each. The new interim CFO and new COO both come from Professional Capital Management, a firm tied to Pompliano, and a cost-cutting program is expected to save more than $10M a year from lower compute and personnel costs, vendor renegotiation and cheaper executive hires. Source: Silvia 8-K, Oct 20, 2026