PT GoTo Gojek Tokopedia Tbk (“GoTo Group”, IDX: GOTO) has announced the resignation of several key members of its Board of Commissioners and Board of Directors. The company made the announcement on 2 May 2025.

Two resignations were submitted on 30 April 2025.

Thomas Kristian Husted resigned from his role as Vice President Director, with plans to remain focused on supporting GoTo Financial.

Nila Marita Indreswari resigned from her position as Director to pursue interests outside the company.

On 2 May 2025, two additional resignations were received.

Garibaldi Thohir resigned as Commissioner to focus on his family business.

Pablo Malay resigned as Director and is being nominated to serve as Commissioner, subject to shareholder approval.

Shareholder Approval to Be Decided in AGMS

All four individuals will remain in their current roles until the resignations are approved by shareholders at GoTo’s upcoming Annual General Meeting of Shareholders (AGMS). Details regarding the AGMS will be announced shortly.

GoTo also stated that, depending on the nomination process, the company will propose new appointments to the Board of Commissioners and Board of Directors, including nominations for additional Independent Commissioners, at the same meeting.

Compliance with Regulatory Guidelines

The company confirmed that it will comply with all applicable regulations, including Financial Services Authority (OJK) Regulation No. 33/POJK.04/2014 regarding Directors and Commissioners of Public Companies, and Regulation No. 15/POJK.04/2020 on the Planning and Organization of Shareholders Meetings for Public Companies.

Analysts Say Leadership Changes Are Routine

According to Kiwoom Sekuritas analyst Abdul Azis, the resignations are a common practice in public companies.

“Resignations must be approved by shareholders at the AGMS, as directors and commissioners are appointed in that forum. In previous AGMS, GoTo has already made several changes to its board,” he said.

Azis also noted that the replacement of board members is a standard annual agenda item for most publicly traded companies.

PHOTO: GOJEK

This article was created with AI assistance.