REG - Wise PLC - Management update

WiseAnnouncement

10/05/2023 09:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230510:nRSJ9401Ya&default-theme=true

RNS Number : 9401Y  Wise PLC  10 May 2023

 

 

Wise plc

10 May 2023

 

Management update

 

Wise CEO, Kristo Käärmann, has announced his intention to take sabbatical
leave from September 2023 until December 2023. He will be spending this time
with his growing family, having recently welcomed their second son.

 

Wise offers all colleagues the chance to take paid sabbatical leave after
every four years of service. This will be the first time Kristo has taken
sabbatical.

 

Chief Technology Officer, Harsh Sinha, will stand in for Kristo in the
interim. Harsh has led the engineering team at Wise since he joined in 2015,
and also brings decades of experience building and scaling product and
supporting operations at iconic companies.

 

You can read more about Kristo's announcement in his blog post on our website:
https://wise.com/gb/blog/my-first-sabbatical
(https://wise.com/gb/blog/my-first-sabbatical)

 

Enquiries

Martyn Adlam - Head of Owner Relations

martyn.adlam@wise.com

 

Sana Rahman - Global Head of Communications

press@wise.com

 

Brunswick Group

Charles Pretzlik / Sarah West / Nick Beswick / Daniel Holgersson

Wise@brunswickgroup.com

+44 (0) 20 7404 5959

 

About Wise

Wise is a global technology company, building the best way to move and manage
money around the world. With Wise Account and Wise Business, people and
businesses can hold over 50 currencies, move money between countries and spend
money abroad. Large companies and banks use Wise technology too; an entirely
new cross-border payments network that will one day power money without
borders for everyone, everywhere. However you use the platform, Wise is on a
mission to make your life easier and save you money.

 

Co-founded by Kristo Käärmann and Taavet Hinrikus, Wise launched in 2011
under its original name TransferWise. It is one of the world's fastest growing
tech companies and is listed on the London Stock Exchange under the ticker
WISE.

 

Over 16 million people and businesses use Wise. Today we process on average
£9 billion in cross-border transactions every month, saving customers around
£1.5 billion a year.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDGIGDULDBDGXG