Global-e Announces Appointment of Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, to its Board of Directors

PETAH-TIKVA, Israel, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, announced today that Mr. Gen Tsuchikawa, CEO of Sony Ventures Corporation, has joined the board of directors as an independent member, effective as of November 29, 2023.

Mr. Tsuchikawa will serve as a non-executive director and as a member of the board of directors' Compensation Committee and Nominating, Governance and Sustainability Committee, in replacement for Mr. Thomas Studd, a partner at Vitruvian Partners, who has recently stepped down from the board.

“We would like to extend our warm welcome to Mr. Tsuchikawa, who brings with him many decades of extensive corporate development and business leadership experience in a diverse set of industries, from banking and finance, through to technology and growth companies, to consumer electronics,” said Amir Schlachet, Co-Founder, CEO and Chairperson of the board of directors of Global-e. “We are certain that his vast experience and unique perspectives will serve as a great addition to our board as we continue on our high-paced global growth path. Moreover, in alignment with one of our key strategic growth pillars - geographical expansion – the addition of Mr. Tsuchikawa to the board will be a tremendous asset as we continue to expand our fast-growing presence in the Asia-Pacific region in general, and in Japan in particular,” added Mr. Schlachet.

“We would also like to take this opportunity to thank Mr. Studd for his valuable contribution as a member of the board of directors since April 2020, when Vitruvian Partners invested in the Company.”

About Mr. Gen Tsuchikawa

Mr. Tsuchikawa is the CEO and Chief Investment Officer at Sony Ventures Corporation, where he directs the venture investment arm of Sony Group Corporation, known as the Sony Innovation Fund.

He established the Sony Innovation Fund on behalf of Sony in 2016 and directs investments in transformational technologies shaping the future of business, entertainment, and society around the world. Mr. Tsuchikawa has spent nearly 20 years at Sony, where he also currently serves as a Corporate Vice President and previously served in several executive roles at Sony, leading Corporate Development, M&A, Business Development, and Investors Relations.