Payoneer Announces New CEO and Leadership Structure

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Business Partners Having a Meeting at the Office
Credit: pexels.com, Business Partners Having a Meeting at the Office

Payoneer has announced a new CEO, but who is it? Scott Galit is the new CEO of Payoneer, replacing the previous CEO, Eyal Shohat.

Galit brings a wealth of experience in the financial services industry, having held leadership positions at various companies. He is well-equipped to lead Payoneer into its next phase of growth.

Under Galit's leadership, Payoneer is expected to continue its expansion and innovation in the cross-border payments space.

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New Leadership

Payoneer's new CEO, Joel Yang, took over in 2020, bringing with him a wealth of experience in the fintech industry.

He previously held a senior leadership position at PayPal, where he played a key role in driving the company's global expansion.

Yang's appointment marked a significant shift in Payoneer's leadership, bringing a fresh perspective to the company's strategy and direction.

Under his leadership, Payoneer has continued to grow and expand its services, with a focus on digital payments and cross-border transactions.

Credit: youtube.com, Payoneer co-CEOs on building a 100-year company

Yang has stated that he aims to build on Payoneer's strengths in the online payments space, while also exploring new opportunities in emerging markets.

Payoneer's board of directors has expressed confidence in Yang's ability to drive the company's growth and success, citing his extensive experience and expertise in the fintech sector.

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Org Chart

At the top of Payoneer's organizational chart is Avi Zeevi, the Chairman of the Board, who provides strategic oversight and guidance.

The CEO of Payoneer is John Caplan, responsible for executing the company's vision and operational strategy.

Reporting directly to Avi Zeevi is John Caplan, the Chief Executive Officer.

Bea Ordonez serves as the Chief Financial Officer, managing financial health.

Arnon Kraft is the Chief Operating Officer, overseeing global operations.

Assaf Ronen and Adam Cohen collaborate as the Chief Platform Officer and Chief Growth Officer, driving platform innovation and market expansion.

Tsafi Goldman and Micheal Sheehy are the Chief Legal and Regulatory Officer and Chief Compliance Officer, respectively, ensuring adherence to legal and regulatory standards.

Elana Brickner focuses on fostering a positive workplace culture and talent management.

John Davis is the Chief Transformation Officer, overseeing strategic transformation initiatives to keep the company agile and innovative.

CEO Announcement

Credit: youtube.com, Episode 429 | John Caplan, CEO of Payoneer

Payoneer's new CEO is John Caplan, who took over on March 1, 2023.

John Caplan's appointment as CEO was announced on February 27, 2023, and he will be leading the company into its next chapter of growth.

Scott Galit, who previously served as Co-CEO, will continue to serve on the Board of Directors and become a Senior Advisor to the Company.

Bea Ordonez, Payoneer's Deputy CFO, has been appointed as the new CFO, also effective March 1, 2023.

John Caplan has already demonstrated his strong leadership and has a clear vision for the company's future, which includes capturing significant growth opportunities.

Payoneer has a strong foundation to build on, thanks to Scott Galit's leadership, which has made the company a trusted global brand with impressive growth and revenue.

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Frequently Asked Questions

Who is the owner of Payoneer?

Payoneer is owned by its founder, Yuval Tal, who serves as the company's president.

What is the salary of Payoneer CEO?

The salary of Payoneer's CEO is a small portion of their total yearly compensation, which is $9.83M. This amount is comprised of a relatively small base salary and a much larger bonus component.

George Murphy

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George Murphy serves as a seasoned Assigning Editor, overseeing a wide range of financial articles. His expertise lies in high-frequency trading strategies, where he provides in-depth analysis and insights to his readers. Under his guidance, the publication has garnered recognition for its authoritative and forward-looking coverage in the financial sector.

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