GOTO - Board resignations; Hans Patuwo nominated as new CEO

GOTO - Board resignations; Hans Patuwo nominated as new CEO GoTo Gojek Tokopedia (GOTO) received multiple Board resignations on 24 Nov 2025, including President Director Sugito Walujo. GOTO nominated Hans Patuwo, currently COO and President of ODS, as the new President Director & CEO, to be approved at the 17 Dec 2025 EGMS. The company also reported the resignations of Ade Mulyana (Director) and Commissioners Pablo Malay and Winato Kartono, with Andre Soelistyo and Santoso Kartono nominated as replacements. (Source : Company) Comment : GOTO’s leadership reset may smooth the path for a potential Grab Gojek merger. Patrick Walujo’s resignation follows investor pressure, with Hans Patuwo, COO and President of On Demand Services, nominated as CEO. A Gojek veteran since 2018, he previously led driver operations, GoTo Financial, and held senior roles at McKinsey across the US, China, and Singapore. Reports suggest Danantara Indonesia may join as a special minority with veto rights over pricing and driver welfare, while GoTo Financial could be spun off and sold to Ant Financial. The transition improves alignment across stakeholders and raises the likelihood of M&A and asset separation in the near term.