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Get filing alertsNUSATRIP appoints Ade Irawan as COO, replacing departing Albert Nicolas
Filed May 13, 2026 · Period ending May 13, 2026 · ~1 min read
Key Changes
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Albert Nicolas resigned as Chief Operating Officer effective May 13, 2026. The company states the departure was not due to any disagreement with management, operations, policies or practices.
Item 5.02 verify on EDGAR → -
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Ade Irawan appointed as new COO effective May 13, 2026. Irawan has been with NUSATRIP since 2019, most recently serving as Commercial Manager, bringing internal operational continuity to the role.
Item 5.02 verify on EDGAR → -
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New COO employment agreement runs for 3 years with annual base salary of $26,000 plus bonus plan eligibility. The relatively modest compensation may reflect the company's size or regional market standards.
Item 5.02 verify on EDGAR →
Summary
NUSATRIP executed a leadership transition at the COO level, with Albert Nicolas departing and internal promotion Ade Irawan stepping into the role. The company emphasized this was an amicable separation with no underlying disputes. Irawan's seven-year tenure and progression through commercial and operational roles suggests management is prioritizing institutional knowledge and continuity during the transition.
For retail investors, executive changes at the COO level can signal operational shifts or strategic pivots, though this appears to be a planned succession. The modest $26,000 annual salary for a C-suite role is noteworthy and may reflect NUSATRIP's stage as a smaller company or compensation norms in its operating region. Watch for the next quarterly earnings call or investor update to understand whether this leadership change accompanies any strategic or operational adjustments in how the travel platform manages its day-to-day business.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
NUTR appointed Ade Irawan as COO effective May 13, 2026, replacing Albert Nicolas who resigned from the position.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
On May 13, 2026, the Company entered into an employment agreement with Mr. Irawan (the “COO Employment Agreement”), which provides that Mr. Irawan’s employment will be 3 years after the date thereof. Under the COO Employment Agreement, Mr. Irawan will be entitled to an annual base salary of $26,000 and will be eligible to participate in the Company bonus plan.
The new COO's employment agreement is for 3 years with an annual base salary of $26,000 plus eligibility for the company bonus plan. This compensation structure provides insight into the company's executive pay levels.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 9, 2026 · How we verify