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Home Feature News

CEO of GoTo Andre Soelistyo steps down, replaced by an early Gojek investor Patrick Walujo

Syifa by Syifa
October 9, 2023
in Feature News, News, Whats on
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CEO GoTo
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In his new role as commissioner, Andre will oversee and provide strategic direction to the management of the GoTo company.

Heaptalk, Jakarta — Indonesia’s tech company PT GoTo Gojek Tokopedia announced the plan to change the Company’s board of directors and commissioners. In this case, the Company will appoint Patrick Walujo as the candidate for the Company’s President Director, replacing Andre Soelistyo, who will be nominated as Commissioner and Deputy Chairman of GoTo.

The candidature agenda will be presented at the Annual General Meeting of Shareholders (RUPST) and the Extraordinary General Meeting of Shareholders (RPUSLB), which will be held on June 30th, 2023. In his new role as commissioner, Andre will oversee and provide strategic direction to the management of the Company, which is expected to achieve its positively adjusted EBITDA target by the end of 2023 and achieve sustainable growth in the long term.

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“As an organization that its founders have historically led, GoTo has always prioritized the growth of leaders, expecting the Company can transform from leadership by founders to leadership by professionals in the long term. We have made outstanding progress, and I believe this is the right time for company leaders, including our business unit Presidents, Catherine, Hans, and Melissa, to take GoTo forward,” affirmed the President Director and Co-Founder of GoTo, Andre Soelistyo.

Andre completes his tenure after two years as CEO of GoTo. Previously, he held several top positions at Gojek and played a significant role in creating innovations, such as the logistics and financial business. He was optimistic when he launched the adjusted EBITDA target at the end of this year, as the Company gained a positive enhancement in the first quarter of 2023 performance regarding topline and bottom line sides by closing its GTV at Rp149 trillion, growing 6% YoY and obtaining its gross income up to Rp6 trillion, climbing to about 14.3%.

In 2021, Andre and other founders managed to carry out the most extensive combination in Indonesia by merging Gojek and Tokopedia as the forerunner of GoTo’s establishment. Also, he presides over the Company in the Initial Public Offering of shares on IDX. At the IPO, Andre claimed to have initiated the Gotong Royong Share Program to provide driver-partners, employees, traders, and consumers with opportunities to participate in the IPO.

As one of the early investors of Gojek and the board of commissioners of GoTo, Patrick Walujo recognized that the Company has evolved into a globally recognized company. As the President Director, Patrick will be accompanied by Thomas Husted, who will serve as the Chief Operating Officer of GoTo.

“If my candidacy is approved by the shareholders at the upcoming RUPST agenda, I will be fully dedicated to GoTo and work closely with other board of directors to drive business unit progress, continue to optimize the company’s strategy towards profitability targets, and strengthen long-term growth,” added Patrick.

Tags: Andre SoelistyoGoToGoTo CEOPatrick Walujo

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