Published on 22/10/2019 1:19:07 PM | Source: Reuters

Ex-CEO of Indonesia`s Gojek ex-CEO to keep stake as `passive shareholder` - spokesman

Posted in Top Stories| #World Market

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JAKARTA - Gojek's ex-CEO and co-founder Nadiem Makarim, who is leaving the ride-hailing and payments company to join President Joko Widodo's cabinet, will keep his stake in the company but without any advisory or executive role, a Gojek spokesman said on Tuesday.

"He will be a passive shareholder. No role within the business and no influence on the company," the spokesman said.

Gojek said on Monday that President Andre Soelistyo and the other co-founder Kevin Aluwi would replace Makarim as co-CEOs.



(Reporting by Fanny Potkin; Editing by Susan Fenton)