Sharda Caro del Castillo, Global Fintech and Payments Leader, Joins Payoneer’s Board of Directors
21 Marzo 2023 - 2:30PM
Business Wire
Heather Tookes to step down from Payoneer’s
Board of Directors
Payoneer (NASDAQ: PAYO), the financial technology company
empowering the world’s small and medium-sized businesses to
transact, do business and grow globally, today announced changes to
its Board of Directors.
- Sharda Caro Del Castillo joins the Payoneer Board of
Directors effective March 17. Caro Del Castillo also serves as a
member of the Risk and Compensation Committees of the Board. Caro
Del Castillo has over 25 years of experience leading both business
and legal teams and brings an extensive background in payments,
financial services, and regulations and compliance to Payoneer’s
Board. She most recently served as the Chief Legal Officer at
Affirm. Prior to that, she has been the Global Head of Payments at
Airbnb, Payments Counsel and Head of Payments Platform at Square,
and Product and Regulatory counsel at PayPal, among other roles.
She also serves on the Board of Directors of GoFundMe and
Forter.
- Heather Tookes stepped down from her role as Board
member, effective March 17. The resignation was not the result of
any disagreement with the Board of Directors or the Company. Tookes
has been a member of Payoneer’s Board of Directors since 2021 and
is a finance professor at the Yale School of Management.
“We are thrilled to welcome Sharda Caro Del Castillo to the
Payoneer Board of Directors and look forward to the deep experience
she brings and the value she will add to Payoneer,” said Avi Zeevi,
Chairman of the Board of Directors of Payoneer. “I would like to
thank Heather for her contributions to Payoneer. Her strong
leadership, commitment, and strategic insights helped guide the
company’s growth. While we will miss her, this is a natural
evolution of our Board and I remain confident we have a strong,
diverse Board that will help govern Payoneer for its future
success.”
“I am honored to join Payoneer’s Board of Directors at such an
exciting time for the company,” said Sharda Caro Del Castillo. “I
am looking forward to working alongside our Board members and
company management to continue to deliver on the Payoneer mission
of providing a financial operating account for entrepreneurs and
businesses around the world to do business across borders.”
About Payoneer Payoneer is the financial technology
company empowering the world’s small and medium-sized businesses
(SMBs) to transact, do business and grow globally. Payoneer was
founded in 2005 with the belief that talent is equally distributed,
but opportunity is not. It is our mission to enable any business
and entrepreneurs anywhere to participate and succeed in the global
digital economy. Since our founding, we have built a global
financial platform that has already made it easier for millions of
SMBs, particularly in emerging markets, to pay and get paid, manage
their funds, and grow their business.
Forward-Looking Statements This press release includes,
and oral statements made from time to time by representatives of
Payoneer, may be considered “forward-looking statements” within the
meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally relate to future events or Payoneer’s future
financial or operating performance. For example, projections of
future volume, revenue, transaction cost and adjusted EBITDA are
forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may,” “should,”
“expect,” “intend,” “plan,” “will,” “estimate,” “anticipate,”
“believe,” “predict,” “potential” or “continue,” or the negatives
of these terms or variations of them or similar terminology. Such
forward-looking statements are subject to risks, uncertainties, and
other factors which could cause actual results to differ materially
from those expressed or implied by such forward-looking statements.
These forward-looking statements are based upon estimates and
assumptions that, while considered reasonable by Payoneer and its
management, as the case may be, are inherently uncertain. Factors
that may cause actual results to differ materially from current
expectations include, but are not limited to: (1) changes in
applicable laws or regulations; (2) the possibility that Payoneer
may be adversely affected by geopolitical and other economic,
business and/or competitive factors; (3) Payoneer’s estimates of
its financial performance; (4) the outcome of any legal
proceedings; and (5) other risks and uncertainties set forth in
Payoneer’s Annual Report on Form 10-K for the period ended December
31, 2022 and future reports that Payoneer may file with the SEC
from time to time. Nothing in this press release should be regarded
as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward-looking statements will be
achieved. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. Payoneer
does not undertake any duty to update these forward-looking
statements.
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