Red Flags Detected
- Previously Announced Cfo Declined Appointment Before Starting (new) — Wallace Foo withdrew from CFO role on May 25 due to personal and family reasons before commencing service, requiring emergency replacement search.
NUSATRIP overhauls C-suite: removes COO, appoints new CFO after prior pick declines role
Filed June 9, 2026 · Period ending June 2, 2026 · ~1 min read
Key Changes
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high
Board removed COO Ade Irawan effective June 2, stripping all officer, management, banking, and platform access across company and subsidiaries. Filing states no disagreements but comprehensive access removal suggests significant separation.
Item 5.02 verify on EDGAR → -
high
Appointed Loïc Gautier as CFO at $150K base salary after previously announced CFO Wallace Foo declined role before starting due to personal reasons. Gautier has 10+ years in Southeast Asia tech/e-commerce, founded Leflair (acquired 2021).
Item 5.02 verify on EDGAR → -
medium
Named Hongwei Zhang as Chief Revenue Officer starting June 20 at RMB 55K monthly plus performance incentives. Zhang previously worked for Beijing BaoSheng, a principal airline supplier to NUTR, raising potential conflict-of-interest questions.
Item 5.02 verify on EDGAR →
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Generated by AI · Jun 9, 2026 3:08 PM