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Jan 17, 2024 · GoTo Announces Executive Leadership Change; Names Rich Veldran CEO. Business Wire. Wed, Jan 17, 2024, 6:00 AM3 min read. Veldran, a veteran of the company, to take over leadership of GoTo,...
Jan 17, 2024 · Mr. Veldran will lead the company, implementing its strategy for growth, while continuing to oversee GoTo’s global finance organization. Mr. Veldran joined as GoTo’s Chief Financial Officer more than three years ago and has played a pivotal role in realizing GoTo’s vision to make IT easy.
- Jen Mathews
Jun 14, 2023 · Incoming GoTo CEO Patrick Walujo is planning to head the Indonesian technology company only temporarily and resign after improving profitability, as he splits his time between it and a...
- Who Is Patrick Walujo?
- Why Now?
- What Else Is Goto Doing to Meet Its Profitability Targets?
Walujo founded private equity firm Northstar Group in 2003. His firm was one of the earliest backers of ride-hailing giant Gojek. Gojek merged with e-commerce company Tokopediato form GoTo in 2021. Walujo sits on GoTo’s board of commissioners, which holds a supervisory role over the board of directors. Before Northstar, he served stints at investme...
Thursday’s (Jun 8) announcement marks GoTo’s second leadership shake-up since the start of the year. In the February management reshufflein which Walujo was appointed as commissioner, GoTo also made several changes to its leadership structure. Notably, group president Patrick Cao left his post to run a company endowment fund, and Tokopedia co-found...
Like its peers, GoTo has implemented aggressive cost-cutting measures, including cutting over 1,000 jobs. Soelistyo in February brought forward its profitability target to Q4 2023, with plans to revamp its ride-hailing and e-commerce commission schemes, and to develop higher-margin services such as new fintech products. The then CEO said the compan...
Jun 30, 2023 · Patrick Walujo, managing partner of Northstar Group, was appointed as the new president director and CEO of GoTo.
- Lokesh Choudhary
Jun 8, 2023 · In a significant leadership shakeup, Indonesian tech giant GoTo has announced that Andre Soelistyo will step down from his role as the group’s chief executive officer. GoTo Group commissioner Patrick Walujo, who is the founder of private equity firm Northstar Group, will take over as the new CEO, according to a company statement.
Jan 17, 2024 · Mr. Veldran will lead the company, implementing its strategy for growth, while continuing to oversee GoTo’s global finance organization. Mr. Veldran joined as GoTo’s Chief Financial Officer more than three years ago and has played a pivotal role in realizing GoTo’s vision to make IT easy.
