# Boku, Inc. Changes to strengthen board

- Link: https://www.directorstalkinterviews.com/boku-inc-changes-to-strengthen-board/412794253
- Published: 2019-10-01T07:07:05+01:00
- Author: Giles Arbor

**Boku Inc.** (LON: BOKU), the world’s leading independent direct carrier commerce
company, today announced important changes to its executive team. Stuart Neal, Chief
Finance Officer will be moving internally to lead the new Identity division with
the responsibility of growing revenue as its Chief Business Officer with effect 
from 1 October 2019.

The Board also announced the appointment of Keith Butcher as CFO with effect from
1 October 2019. Keith has been an Independent Non-Executive Director and Chairman
of Boku’s Audit Committee since 2017. Stuart will remain an executive member of 
the Board until a replacement Non-Executive Director has been appointed. A search
for a suitable Independent Non-Executive Director to replace Keith is well advanced
and an announcement on an appointment will be made in due course.

Keith knows the Company well and has had considerable experience as an AIM company
CFO and of online payments businesses. His experience includes six years as CFO 
of AIM quoted online payments company DataCash Group plc, during its period of rapid
growth and ultimate sale to MasterCard for $520m. More recently, he was CFO of London
Stock Exchange listed payments company Paysafe Group plc (formerly Optimal Payments
plc), which grew its market capitalisation from £40 million to £2 billion during
his tenure, through a combination of organic growth and a number of acquisitions
including the €1.1 billion acquisition of Skrill. Keith was awarded AIM CFO of the
year at the Quoted Company Awards in 2014 and joins from payments company GPS (Global
Processing Services) where he was CFO.

**Jon Prideaux, Boku CEO, commented:**

> “Stuart has always hankered after a more hands on commercial role and so his decision
> to lead efforts to grow our Identity business is one that I welcome wholeheartedly.
> I thank him for his work as CFO: He has already made an outstanding contribution
> to the success of the Company, including his role in the November 2017 IPO.
> “I am delighted also that a CFO of Keith’s credentials and calibre has decided
> to step into an executive role at the Company. It has a been a pleasure to serve
> on the Board alongside him for the past two years and I look forward to working
> with him more closely as CFO as the Company embarks on the next stages of its 
> growth story.”

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