Global-e Appoints Two New Senior Executives

Rhea-AI Summary

Global-e Online (NASDAQ: GLBE), a leader in Direct-To-Consumer global eCommerce enablement, has promoted Tomer Gold to EVP, Head of the Channels and SMB Division, and Siddharth Jain to EVP, Technology of the Channels and SMB Division. Tomer Gold, previously VP of Corporate Development, has a strong background in finance and business strategy, including a notable stint at Goldman Sachs. Siddharth Jain, who previously served as SVP of Engineering, has been important in driving technological advancements within the company. These promotions come as Rob Keve and Michael Bryzek, former leaders of the Channels and SMB Division, depart. Global-e’s CEO, Amir Schlachet, and President, Nir Debbi, expressed confidence in the new appointees’ abilities to advance the company’s strategic goals and maintain its leadership in the global e-commerce market.

Positive

• Promotion of experienced leaders to key executive roles.
• Tomer Gold's proven track record in corporate development and finance.
• Siddharth Jain's significant contributions to technological advancements.

Negative

• Departure of Rob Keve and Michael Bryzek, who were pivotal in developing the Channels and SMB Division.

PETACH TIKVA, Israel, July 9, 2024 /PRNewswire/ -- Global-e Online Ltd. (NASDAQ: GLBE), the leader of Direct-To-Consumer global eCommerce enablement, announced today the promotions of Tomer Gold to the role of EVP, Head of the Channels and SMB Division and Siddharth Jain to serve as EVP, Technology of the Channels and SMB Division.

Tomer Gold is set to lead the company's Managed Markets partnership, having previously served as the VP of Corporate Development at Global-e since 2021. With a rich background in finance and business strategy, Tomer has a proven track record of driving significant corporate initiatives and growth, including the acquisition of Flow Commerce which transformed into the Channels and SMB Division. Prior to Global-e, Tomer worked in investment banking at Goldman Sachs for 5 years.

Siddharth Jain will head up Technology of the Channels and SMB Division, following his successful role serving as the Senior Vice President of Engineering at this division since 2022, and beforehand as Senior Vice President of Engineering at Flow Commerce, which was acquired by Global-e. His strategic vision and leadership have been pivotal in the company's technological advancements and team expansions, building upon his many years of prior experience in technological leadership position across different industries.

Tomer will be replacing Rob Keve, who served as EVP, Head of the Channels and SMB Division, and Siddharth will be taking over for Michael Bryzek, who led Technology of the Channels and SMB Division.

"We are thrilled with the promotions of Tomer and Siddharth as they transition into their new roles at Global-e. Their extensive experience and visionary leadership are invaluable assets that will drive the division and our company forward. We are confident that their contributions will be instrumental in achieving our strategic goals and enhancing our position as leaders in the global e-commerce market," said Amir Schlachet, CEO of Global-e.

"We would also like to take the opportunity to thank Rob Keve and Michael Bryzek, the founders of Flow Commerce Inc., which was acquired by Global-e. We are grateful for their valuable contributions at Global-e over the past two and a half years, as we created the revolutionary solution to power Shopify Managed Markets (formerly known as Markets Pro) offering which is based on the technology and infrastructure built at Flow Commerce coupled with GLBE broader data and solution capabilities," said Nir Debbi, President of Global-e.

About Global-e Online Ltd.

Global-e (NASDAQ: GLBE) is the world's leading platform enabling and accelerating global, Direct-To-Consumer ecommerce. The chosen partner of over 1,000 brands and retailers across the United States, Europe and Asia, Global-e makes selling internationally as simple as selling domestically. The company enables merchants to increase the conversion of international traffic into sales by offering online shoppers in over 200 destinations worldwide a seamless, localized shopping experience. Global-e's end-to-end ecommerce solutions combine best-in-class localization capabilities, big-data best-practice business intelligence models, streamlined international logistics and vast cross-border experience, enabling international shoppers to buy seamlessly online and retailers to sell to, and from, anywhere in the world. For more information, please visit: www.global-e.com.

Press Contact:
Headline Media
Justine Rosin
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+1 786-233-7684

Investor Contact:
Erica Mannion or Mike Funari
Sapphire Investor Relations, LLC
IR@global-e.com
+1 617-542-6180

 

View original content:https://www.prnewswire.com/news-releases/global-e-appoints-two-new-senior-executives-302191835.html

SOURCE Global-e

FAQ

Who are the new executives appointed by Global-e (GLBE) in July 2024?

Global-e appointed Tomer Gold as EVP, Head of the Channels and SMB Division, and Siddharth Jain as EVP, Technology of the Channels and SMB Division.

What roles did Tomer Gold and Siddharth Jain previously hold at Global-e (GLBE)?

Tomer Gold was the VP of Corporate Development, and Siddharth Jain was the Senior Vice President of Engineering at the Channels and SMB Division.

Why did Global-e (GLBE) promote Tomer Gold and Siddharth Jain?

Global-e promoted Tomer Gold and Siddharth Jain due to their extensive experience and proven leadership in their respective fields, aiming to drive the company’s strategic goals.

What impact could the executive changes at Global-e (GLBE) have on the company?

The new executive appointments could bring fresh perspectives and strengthen leadership, although the departure of pivotal leaders like Rob Keve and Michael Bryzek might pose continuity challenges.

What is the significance of the Channels and SMB Division at Global-e (GLBE)?

The Channels and SMB Division, enhanced by the acquisition of Flow Commerce, plays a critical role in Global-e’s market offerings, including the Shopify Managed Markets solution.