Ecommerce

Commerce Technology Company Payoneer Makes New Appointments

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Payoneer Global Inc. (“Payoneer”) (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Heather Tookes and Rich Williams were appointed to its Board of Directors. Prof. Tookes will also serve as a member of the Audit and Compensation Committees and Mr. Williams will serve as 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, Chief Executive Officer of Payoneer. “Heather brings considerable expertise in corporate finance and capital markets based on her extensive research and teaching at the Yale School of Management and brings strong public company board experience from her time with KCG Holdings (NYSE: KCG). Rich’s impressive career includes significant experience in ecommerce, technology, marketing, financial services and corporate governance. We look forward to their expert guidance as we work together to grow Payoneer as a public company.”

Prof. Tookes is a 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 Ariel Investments and previously served on the board of KCG Holdings. Prof. Tookes holds a Ph.D. in Finance from Cornell University and a B.A. in Economics from Brown University.

Mr. Williams served as CEO at Groupon from 2015-2020. Previously he ran a variety of global marketing and advertising teams at Amazon and spent seven years developing marketing programs and technologies at Experian. Mr. Williams currently is 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.

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