PEXA appoints Russell Cohen as PEXA Group MD & CEO

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Stock Pexa Group Ltd (PXA.ASX)
Release Time 17 Dec 2024, 8:30 a.m.
Price Sensitive Yes
 PEXA appoints Russell Cohen as PEXA Group MD & CEO
Key Points
  • Russell Cohen, seasoned Asia Pacific tech executive, appointed as new PEXA Group MD & CEO
  • Brings deep expertise in scaling platform businesses and driving commercial transformation
  • Succeeds Glenn King, who will step down after leading PEXA's growth and listing on ASX
Full Summary

PEXA Group Ltd (ASX: PXA) has announced the appointment of Russell Cohen as its new Group Managing Director and Chief Executive Officer (Group MD & CEO), effective 31 March 2025. Mr Cohen is currently the Group Managing Director of Operations at multinational technology company Grab, leading business performance, operations, platform safety, market expansion and a team of 3000 across seven countries. He has also played a pivotal role in that company's strategic growth throughout the Asia Pacific region. Before joining Grab, Mr Cohen served as Board Director and Vice President of Business Development and Corporate Strategy at SoftBank C&S in Tokyo, a role he assumed after SoftBank's acquisition of Brightstar Corp. At Brightstar, he was Regional Managing Director for Asia, overseeing nine markets, and founded the company's Greater China operations in Hong Kong. PEXA Group Chair Mark Joiner said the appointment of Mr Cohen, a seasoned Asia Pacific tech executive, followed a rigorous external search process to appoint a leader who would build on the progress achieved by the company over the past five years under the leadership of Mr Glenn King. Mr King will step down from his role on 28 February 2025, following the release of the Group's results for the half year ended 31 December 2024. Mr King will assist through Mr Cohen's transition in an advisory capacity up until the end of June 2025.