Boku, Inc.
("Boku"
or the "Company")
Retirement of
CFO
Boku (AIM: Boku), a leading provider
of global mobile payment solutions, announces that its Chief
Financial Officer ("CFO"), Keith Butcher has notified the board of
his intention to retire from the Company following the completion
of an extended notice period, allowing for a smooth transition to
his successor.
Keith will step down from the board
of the Company, and therefore will not put himself up for
re-election as a director, at the forthcoming AGM on 22 May 2024.
He will remain an employee until October 2024, and thereafter as a
consultant to the business until April 2025.
A process to appoint a successor to
Keith as CFO is underway and a further announcement will be made in
due course.
Stuart Neal, CEO of Boku, commented: "Keith indicated some time ago that he was considering
stepping down as a full-time director of the Company. He deferred
any decision to allow the Company to effect a smooth transition of
the CEO role following the retirement of Jon Prideaux at the end of
2023. I want to personally thank Keith for his contribution to Boku
over the past six years, a time of considerable success for the
Company."
Richard Hargreaves, Boku's Chair, said:
"On behalf of the board I would like to thank
Keith for helping to steer Boku to its current strong financial
position. We wish him well for the future and the board are working
to find a suitable replacement. The Company is in a strong position
to capitalise on its significant momentum in leading the world in
aggregating Local Payment Methods for many of the world's largest
companies."
For further
enquiries:
|
Boku, Inc.
Stuart Neal, Chief Executive
Officer
|
+44 (0)20
3934 6630
|
|
Investec Bank plc (Nominated Advisor & Joint
Broker)
Edward Knight / Nick Prowting /
Cameron MacRitchie
|
+44 (0)20
7597 5970
|
|
Peel Hunt LLP (Joint Broker)
Paul Gillam / Adam
Telling
|
+44 (0)20
7418 8900
|
|
IFC
Advisory Limited (Financial PR & IR)
Tim Metcalfe / Graham Herring /
Florence Chandler
|
+44 (0)20
3934 6630
|
Note to
Editors:
Boku Inc. (AIM: BOKU) is a leading global
provider of mobile payment solutions. Boku's mobile-first payments
network, including mobile wallets, direct carrier billing, and
account to account/real-time payments schemes, reaching over 7.5
billion mobile payment accounts through a single
integration.
Customers that trust Boku to simplify sign-up,
acquire new paying users and prevent fraud include global leaders
such as Amazon, Meta Platforms, Google, Microsoft, Netflix, Sony,
Spotify and Tencent.
Boku Inc. was incorporated in 2008 and is
headquartered in London, UK, with offices in the US, India, Brazil,
China, Estonia, France, Germany, Indonesia, Japan, Singapore,
Spain, Taiwan and Vietnam.
To learn more about Boku Inc., please visit:
https://www.boku.com