GOTO Founders to Withdraw: How Much Stock Do They Own?

Several founders of PT GoTo Gojek Tokopedia (GOTO) will be stepping down from their positions. These include William Tanuwijaya and Melissa Siska Juminto, commissioners and directors of GoTo Gojek Tokopedia, whose resignations the Indonesia Stock Exchange (BEI) will approve effective June 11, 2024.

According to *Katadata*, William and Melissa's departures from GoTo Gojek Tokopedia will be announced during the Annual General Meeting of Shareholders (RUPS Tahunan) and Extraordinary General Meeting of Shareholders (RUPS Luar Biasa).

William Tanuwijaya, along with Leontinus Alpha Edison, founded Tokopedia on August 17, 2009. William did not detail his next steps after leaving GoTo Gojek Tokopedia. He only mentioned the possibility of creating another "campus" with a more significant impact than Tokopedia.

On the Gojek side, Andre Soelistyo will resign from the board of commissioners of GoTo Gojek Tokopedia on June 11, 2024. "He will focus on other fields," the company stated in a public disclosure.

Andre previously served as Managing Director of Northstar Group, a company that has invested in Gojek since 2015. Later, Andre became Gojek's co-CEO with Kevin Aluwi after Nadiem Makarim stepped down.

(Read *Katadata*: [Gojek and Tokopedia Left by Founders, Here's the Latest News](https://katadata.co.id/digital/startup/66556bc37e85f/gojek-dan-tokopedia-ditinggal-para-pendiri-berikut-kabar-terbaru))

So, how much stock do these departing executives own in GOTO?

Based on data from the BEI and RTI, William Tanuwijaya held more than 12.58 billion shares as of April 30, 2024. Another name under him holds 7.29 billion shares.

Meanwhile, Andre Soelistyo owns 6.73 billion shares and 2.61 billion shares. Like William and Andre, Melissa also has two names listed in GOTO shares, each holding 3.99 billion shares and 1.08 billion shares. All three names are controlling shareholders (P).

In addition, shareholdings of more than 5% are held by SVF GT Subco Singapore with 91.10 billion shares. This is followed by Taobao China Golding Limited with 88.53 billion shares and PT Saham Anak Bangsa (P) with 26.88 billion shares.

Public shares are 2.85 billion registered shares and 939.66 billion unregistered shares.

The following is the composition of GOTO shareholders as of April 30, 2024, as reported by BEI and RTI:

Shareholders (Commissioners and Directors):

* William Tanuwijaya 12,588,634,432 shares
* William Tanuwijaya 7,296,224,541 shares
* Andre Soelistyo 6,734,025,100 shares
* Andre Soelistyo 2,617,530,184 shares
* Kevin Bryan Aluwi 3,272,789,432 shares
* Kevin Bryan Aluwi 1,050,000,000 shares
* Melissa Siska Juminto 3,993,358,227 shares
* Melissa Siska Juminto 1,087,292,195 shares
* Garibaldi Thohir 1,054,287,487 shares
* Wei-Jye Jacky Lo 652,554,166 shares
* Hans Patuwo 574,829,533 shares
* Catherine Hindra Sutjahyo 493,717,692 shares
* Agus D.W. Martowardojo 169,585,462 shares
* Sugito Walujo 267,250,000 shares
* Pablo Malay 247,851,117 shares

Shareholdings over 5%, treasury stock, and public shares:

* SVF GT Subco (Singapore) Pte. Ltd. 91,102,207,128 shares
* Taobao China Holding Limited 88,531,124,993 shares
* PT Saham Anak Bangsa 26,888,988,841 shares
* Treasury stock 10,264,665,616 shares
* Registered public shares 2,858,899,747 shares
* Unregistered public shares 939,663,846,943 shares

(Read also: [GoTo Transactions Rp606 Trillion in 2023, This is the Strongest Business Segment](https://databoks.katadata.co.id/datapublish/2024/03/20/transaksi-goto-rp606-triliun-pada-2023-ini-segmen-bisnis-terkuat))