Payoneer appoints John Caplan as Co-CEO, to become sole CEO by end of 2023

Payoneer Global Inc.

John Caplan appointed Co-CEO and director effective May 25, 2022; will partner with current CEO Scott Galit.
Caplan to assume sole CEO role by end of 2023; Galit to continue in a strategic role.
Caplan's compensation includes $475k base salary, 100% target bonus, 2M RSUs, up to 2.5M performance RSUs, 500k options.
Caplan previously served as President of North America and Europe at Alibaba.com; founded OpenSky.
Severance provides 12 months base salary continuation and continued equity vesting if terminated without cause or for good reason.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

John Caplan

Co-Chief Executive Officer

PAYO · Payoneer Global Inc.

Effective: 2022-05-25
Filed: May 25, 2022, 7:59 PM ET

On May 24, 2022, the Board of Directors (the “Board”) of Payoneer Global Inc. (the “Company”) approved the appointment of John Caplan, age 52, as the Company’s Co-Chief Executive Officer, effective as of May 25, 2022.

Role change

Scott Galit

Co-Chief Executive Officer

PAYO · Payoneer Global Inc.

Effective: 2022-05-25
Filed: May 25, 2022, 7:59 PM ET

In connection with Mr. Caplan’s appointment, the Company’s current Chief Executive Officer, Scott Galit, will serve as Co-Chief Executive Officer of the Company, alongside Mr. Caplan, effective as of May 25, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Caplan was appointed as Co-Chief Executive Officer at Payoneer Global Inc..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On May 24, 2022, the Board of Directors (the “Board”) of Payoneer Global Inc. (the “Company”) approved the appointment of John Caplan, age 52, as the Company’s Co-Chief Executive Officer, effective as of May 25, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Galit changed role as Co-Chief Executive Officer at Payoneer Global Inc..

Action: will serve as
Role: Co-Chief Executive Officer

Exact text from the filing

In connection with Mr. Caplan’s appointment, the Company’s current Chief Executive Officer, Scott Galit, will serve as Co-Chief Executive Officer of the Company, alongside Mr. Caplan, effective as of May 25, 2022.

View on SEC.gov

Payoneer Global Inc. filing history →

Source: SEC EDGAR

accession 0000950103-22-009177

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