Payoneer announces John Caplan as CEO, Bea Ordonez as CFO
“I’m honored to assume the CEO role and sincerely appreciate Scott’s guidance and friendship as we worked through this successful transition.”
Payoneer Global has announced the appointment of John Caplan as Chief Executive Officer, effective March 1, 2023, while co-CEO Scott Galit prepares to become a Senior Advisor and continue to serve on the Board of Directors.
In addition, Bea Ordonez, Payoneer’s Deputy CFO who joined the Company on January 16, 2023, has been appointed Chief Financial Officer, effective March 1, 2023.
“Long track record of delivering real value for our customers”
John Caplan joined Payoneer as co-CEO in May 2022 after over four years as President, North America & Europe at Alibaba.com, which he joined through the acquisition of OpenSky, a NY-based firm he founded and led since 2009.
Scott Galit, Co-CEO at Payoneer, said: “Our record 2022 results build on our long track record of delivering real value for our customers and consistent revenue and adjusted EBITDA growth. I am incredibly excited about Payoneer’s future and look forward to staying involved in my new role. My transition with John has gone very smoothly and I have full confidence that John, Bea, and the strong team we have will continuously strive to make it easier for SMBs to succeed in global commerce and deliver value for our customers, employees, and shareholders for many years to come.”
Avi Zeevi, Chairman of Payoneer’s Board of Directors, commented: “Scott has been a remarkable leader for Payoneer and during his tenure, he has made Payoneer a trusted global brand and delivered an impressive track record of accomplishments and growth for the Company. On behalf of the shareholders, employees, and the entire Board, I would like to thank Scott for his service to date. John will build on this strong foundation and lead Payoneer into its next chapter of growth. John has already demonstrated his strong leadership and we are excited about his increased focus on profitable growth. On behalf of the entire Board, I want to thank both Scott and John for their commitment to supporting a thoughtful and smooth transition over the past 9 months.”
John Caplan, Co-CEO, added: “I’m honored to assume the CEO role and sincerely appreciate Scott’s guidance and friendship as we worked through this successful transition. Payoneer has a trusted brand, global footprint, and benefits from strong network effects and scaled infrastructure, which puts us in a position of strength to capture the significant growth opportunities we have. I’m excited to lead the company into our future and believe our talented and dedicated team of colleagues around the world will successfully execute and deliver on our plans.”
Bea Ordonez promoted to CFO after top roles at Webster Bank, Sterling National Bank, OTC Markets Group, Convergex
Bea Ordonez, the incoming Chief Financial Officer of Payoneer, joined the payments solutions company in January 2023 after one year as Chief Innovation Officer at Webster Bank and another year as CFO, Executive Vice President and member of the Executive Leadership Team at Sterling National Bank.
Prior to that, she was Chief Financial Officer at NY-based OTC Markets Group, which delivers price transparency in over 10,000 OTC securities. Her longest run was at Convergex, where she was COO and Managing Director of the execution and clearing services firm for more than 13 years.