1. Startups

Patrick Walujo was lined up as the new GoTo main director

Replacing Andre Soelistyo who will become Commissioner and Deputy Chairman of GoTo

PT GoTo Gojek Tokopedia Tbk (IDX: GOTO) announced Sugito Walujo or better known as Patrick Walujo as a candidate for the company's President Director following the nomination of Andre Soelistyo as Commissioner and Deputy Chairman.

The nomination agenda will be submitted at the Annual General Meeting of Shareholders (AGMS) and Extraordinary General Meeting of Shareholders (EGMS) on 30 June 2023 regarding changes to the composition of the Company's Board of Commissioners and Directors.

GoTo said that Andre Soelistyo would be resigning from his position as the Main Director of GoTo. Apart from Patrick, the company also announced Thomas Husted as a candidate for Deputy Main Director of GoTo.

Through his new role, Andre will oversee and provide strategic direction towards positive adjusted EBITDA which is targeted to be realized by the end of 2023, as well as long-term growth.

GoTo Group Commissioner Patrick Walujo revealed, in the last few months, the Board of Commissioners has continued to closely coordinate with GoTo management to ensure the implementation of the strategy achieves the profitability target.

"As one of the first investors Gojek and Commissioner GoTo, I've always had great faith in the company. If my nomination is approved by shareholders at the upcoming AGMS, I will be fully dedicated to GoTo and work closely with the rest of the board of directors to drive business unit progress, optimize strategy towards profitability targets, and strengthen the foundation for long-term growth."

Furthermore, Patrick has in-depth experience of GoTo and its ecosystem, including the investment landscape and the technology sector in Indonesia and globally. Patrick's understanding has been built since the beginning of his journey when he became the first investor in Gojek.

Besides that, Thomas Husted is also a veteran Gojek, will assume the role of Chief Operating Officer (COO). Thomas previously served as Director of Finance Gojek in the 2017-2021 period, and plays an important role in the merger Gojek and Tokopedia.

New role

Meanwhile, GoTo's Co-Founder and Main Director Andre Soelistyo said that GoTo seeks to prioritize the growth of leaders so they can move from the leadership of the founders to leadership by professionals in the long term.

"GoTo's achievements to date are the result of the hard work of many parties, including world-class leaders who are now running the GoTo business. I believe now is the right time for leaders, including our business unit presidents, Catherine, Hans and Melissa, to take GoTo forward," Andre said in an official statement.

He believes GoTo will be a catalyst for positive change and maintain values ​​to improve the quality of life and bring progress in the ecosystem, including driver partners, traders and consumers.

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Summarizing his journey, Andre served as President Gojek in 2015. He was later appointed co-CEO Gojek in 2019. Over Gojek and Tokopedia officially merged in 2021, he was again appointed as the Main Director of the GoTo Group.

Andre is also known as the initiator of the Gotong Royong Share Program, which provides opportunities for driver partners, traders and consumers, as well as employees, to participate in the GoTo IPO.

In addition to the nomination of directors, GoTo also proposed transferring the duties and powers of the Board of Commissioners at this AGMS, namely Agus DW Martowardojo to become President Commissioner and Garibaldi Thohir to become Commissioner.

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