Co-founder Dave Waiser to leave Gett after a decade as CEO
Co-founder Dave Waiser to leave Gett after a decade as CEO
In March of this year, Gett announced that it is canceling its SPAC merger with Rosecliff Acquisition Corp I, saying that "recent market volatility" is what led it to its decision
Over a decade since he founded the company, Dave Waiser is leaving corporate ground transportation management company Gett to build a new company. Waiser, who has served as the company’s CEO since its founding, will be appointed Head of Advisory for the Board and will assist the Board in the strategic direction of the company.
In March of this year, Gett announced that it is canceling its SPAC merger with Rosecliff Acquisition Corp I, saying that "recent market volatility" is what led it to its decision.
Max Krasnykh and Matteo de Renzi, who were previously COO and Managing Director of GTM and UK, respectively, will replace Waiser as co-CEOs. Gett’s global Executive Committee will also include the current CFO Aliaksei Aneichyk and current MD of Gett Israel Mark Oun, among other senior leaders in the business.
“Gett is my third startup and I had the privilege to be its CEO for the past 10 years – I’m very proud of the team and the company’s incredible achievements,” said Waiser. “As the company’s mission is clear and the performance is strong, it is the right moment for me to focus on building a new venture. I will continue to support Gett in an advisory capacity. With Max and Matteo at the helm, the company is in good hands; I have worked with them for over six years and I’m confident they can take the business to the next level.”
Calcalist has also learned that a significant number of the company’s investors, including the Vostok fund, have acquired Gett’s debt to Russian bank Sberbank. The debt, estimated at $160 million, was considered particularly problematic as the Russian bank had gone bankrupt due to recent sanctions. Following the purchase, which was believed to have been made at a discount, the investors received a larger share of the company.
Gett currently serves a third of the Fortune 500 in over 1,500 cities across the world. The company has raised $800 million to date.
