JAKARTA, RAKYAT NEWS – PT GoTo Gojek Tokopedia Tbk. (GOTO), a prominent Indonesian technology company, announced its CEO Patrick Walujo’s commitment to remain in his leadership role until 2029. This decision reflects Patrick’s dedication to driving GOTO’s long-term growth and profitability.

The Board of Commissioners has approved a performance-based retention package for Patrick as part of this agreement. He expressed confidence in the company’s team and vision, emphasizing its potential to lead Indonesia’s digital transformation. “As we enter the new year and aim for sustainable growth, I am optimistic that together we can strengthen our position as Indonesia’s leading technology company for years to come,” Patrick stated on Monday (January 6).

Agus D.W. Martowardojo, President Commissioner of GOTO, praised Patrick’s leadership, highlighting the company’s transformative journey under his tenure. According to Agus, this progress has paved the way for significant benefits for shareholders and stakeholders.

Under Patrick’s guidance, GOTO achieved a positive adjusted EBITDA in Q4 2023, marking a significant milestone. The company remains on track to achieve its performance goals for the entire year of 2024, with growth and profitability trends continuing to improve.

Agus expressed his enthusiasm for Patrick’s commitment to GOTO’s long-term future, stating, “I am proud to see Patrick dedicate himself to this company’s promising future. I look forward to working closely with him to deliver sustained value for all stakeholders in the coming years.”

The announcement comes amidst several notable developments for GOTO. The company has recently gained attention for its improving profitability, as indicated by Patrick’s previous statements on achieving financial milestones.

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