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

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By Reuters
Ex-CEO of Indonesia's Gojek ex-CEO to keep stake as 'passive shareholder' - spokesman
Nadiem Makarim, founder of the Indonesian ride-hailing and online payment firm Gojek waves to journalists as he arrives at the Presidential Palace in Jakarta, Indonesia, October 21, 2019. REUTERS/Willy Kurniawan   -   Copyright  WILLY KURNIAWAN(Reuters)
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JAKARTA (Reuters) – 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)

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