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GoTo nominates Northstar cofounder Patrick Walujo as its new CEO
Venture capitalist Patrick Walujo was the first external investor in Gojek back in 2014, long before the ride-hailing company merged with e-commerce firm Tokopedia.
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Patrick Walujo, cofounder and managing partner of private equity firm Northstar. (PT GoTo Gojek Tokopedia/-)
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enture capitalist Patrick Walujo has been nominated as new CEO of homegrown tech giant PT GoTo Gojek Tokopedia, the company announced on Thursday.
The proposal will be raised for approval at the annual shareholders' meeting (RUPST) and the extraordinary shareholders' meeting (RUPSLB) on June 30, finalizing the change from Patrick’s previous post as commissioner of the tech company.
If approved, Patrick will replace the existing CEO Andre Soelistyo, who is set to become the firm's commissioner. In the new role, Andre will oversee and give strategic direction for the firm's management to pursue the company's financial and sustainability targets.
"The progress we have made is built on the work of countless people, including the world-class leaders who currently run the business. As a historically founder-led organization, GoTo has always prioritized the development of leaders, so we can move beyond founders toward long-term professionalization," Andre said in a statement on Thursday.
Read also: GoTo aims to hit profitability milestones earlier than expected
Patrick was the first external investor in Gojek, back before its merger with Tokopedia, after pouring an undisclosed amount of investment into the ride-hailing start-up in 2014. The deal was made even before the company released its mobile app in 2015.
Aside from his position as GoTo's commissioner, Patrick is also the cofounder and managing partner at private equity firm Northstar Group and sits on the board of commissioners of major telecommunications company Indosat Ooredoo Hutchison.
