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Expensify COO Resigns as Board Elevates Engineering Leader

Story Highlights
  • On December 29, 2025, Expensify’s COO Anu Muralidharan resigned, with her duties shifting to Chief Strategy Officer Daniel Vidal under a transition the company expects will not disrupt operations.
  • Expensify filled the resulting board vacancy by appointing Director of Engineering Carlos Alvarez Divo to the board and key committees, signaling reliance on internal leadership for governance continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Expensify COO Resigns as Board Elevates Engineering Leader

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Expensify ( (EXFY) ) has shared an update.

On December 29, 2025, Expensify, Inc. announced that Chief Operating Officer and board member Anu Muralidharan resigned from all her roles effective the same day, with the company stating her departure did not stem from any disagreement over operations, policies, or practices. Chief Strategy Officer and director Daniel Vidal assumed her COO responsibilities, with Muralidharan assisting in the transition, and the company indicated it did not expect any disruption to its operations or strategic roadmap; Expensify also entered into a separation agreement granting her $550,000 in exchange for a release of claims and ongoing compliance with agreed covenants. On the same date, the board appointed longtime engineering executive Carlos Alvarez Divo, currently Director of Engineering, to fill the board vacancy and join the Executive and Compensation Committees through the 2026 annual meeting, reinforcing internal succession by elevating a key technical leader who will not receive additional board compensation but will be covered by the company’s standard director indemnification protections.

The most recent analyst rating on (EXFY) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Expensify stock, see the EXFY Stock Forecast page.

Spark’s Take on EXFY Stock

According to Spark, TipRanks’ AI Analyst, EXFY is a Neutral.

Expensify’s overall stock score reflects significant financial challenges, including declining revenue and persistent losses, which weigh heavily on its valuation. Technical indicators suggest a bearish trend, further impacting the score. However, positive cash flow metrics and optimistic earnings call guidance provide some potential for future improvement.

To see Spark’s full report on EXFY stock, click here.

More about Expensify

Expensify, Inc. operates in the financial technology sector, providing software tools for expense management and related business financial workflows. The company focuses on streamlining corporate expenses, reimbursements, and related back-office functions for businesses through its technology platform.

Average Trading Volume: 483,313

Technical Sentiment Signal: Sell

Current Market Cap: $144.2M

See more insights into EXFY stock on TipRanks’ Stock Analysis page.

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