Payoneer Announces Appointment of Two Additional Board Members | Business and finance

NEW YORK – (BUSINESS WIRE) – July 20, 2021–

Payoneer Global Inc. (“Payoneer”) (NASDAQ: PAYO), the business technology company that powers payments and growth for the new global economy, today announced that Heather Tookes and Rich Williams have been appointed to its board administration. Professor Tookes will also be a member of the audit and compensation committees and Mr. Williams will be a member of the audit and risk committees.

“We are honored to welcome Heather and Rich as independent directors to our board,” said Scott Galit, CEO of Payoneer. “Heather brings considerable expertise in the area of ​​corporate finance and capital markets based on her extensive research and teaching at the Yale School of Management and brings a wealth of experience to the board of directors of public companies since moving to KCG Holdings (NYSE: KCG). Rich’s impressive career includes significant experience in e-commerce, technology, marketing, financial services, and corporate governance. We look forward to their expert advice as we work together to grow Payoneer as a public company.

Professor Tookes is Professor of Finance at the Yale School of Management and has been on the faculty of the Yale School of Management since 2004. She also currently serves on the Board of Directors of Ariel Investments and previously served on the Board of Directors. by KCG Holdings. Professor Tookes holds a doctorate. in Finance from Cornell University and a BA in Economics from Brown University.

Mr. Williams was CEO of Groupon from 2015 to 2020. Previously, he led various global marketing and advertising teams at Amazon and spent seven years developing marketing programs and technologies at Experian. Mr. Williams is currently CEO of Alkuri Global Acquisition Corp (Nasdaq: KURI) and CEO of The Value Studio. He studied aerospace engineering and political science at the University of Southern California.

Payoneer (NASDAQ: PAYO) is the leading global partner for digital commerce, around the world. From borderless payments to limitless growth, Payoneer promises any business, in any market, the technology, connections and confidence to participate and thrive in the new global economy.

Since 2005, Payoneer has imagined and designed a truly global ecosystem so that the whole world can realize its potential. Fueling the growth of clients ranging from aspiring entrepreneurs in emerging markets to the world’s largest digital brands like Airbnb, Amazon, Google, Upwork and Walmart, Payoneer offers a world of opportunities available to you.

Forward-looking statements

This press release may include, and oral statements made from time to time by representatives of Payoneer, may be considered “forward-looking statements”. Forward-looking statements generally relate to future events or to the future financial or operational performance of Payoneer. In some cases, you may identify forward-looking statements by words such as “may”, “should”, “expect”, “intend”, “” “” “” estimate “,” anticipate “, “Believe”, “predict,” “These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements are based on estimates and assumptions which, although considered reasonable by Payoneer and its management, are inherently uncertain. Factors that could cause actual results to differ materially from current expectations include, without limitation, the risks and uncertainties set forth in the section entitled “Risk Factors” and “Caution Regarding Forward-Looking Statements”, as well as any other risks and uncertainties contained in the final prospectus / proxy statement filed by Payoneer on June 1, 2021. Nothing in this press release should be construed as a representation by any person that the forward-looking statements set forth herein will be realized or that any of the expected 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 on which they are made. Payoneer does not undertake any obligation to update these forward-looking statements.

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SOURCE: Payoneer Global Inc.

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PUB: 07/20/2021 8:00 a.m. / DISC: 07/20/2021 8:01 a.m.

Copyright Business Wire 2021.

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