MONTREAL, Jan. 25, 2022 /PRNewswire/ - Lightspeed Commerce
Inc. (NYSE: LSPD) (TSX: LSPD), the one-stop commerce platform for
merchants around the world to simplify, scale and create
exceptional customer experiences, today announced the appointments
of internationally-recognized technology entrepreneurs Nathalie Gaveau and Dale
Murray to its board of directors, bringing extensive
knowledge of the European and Asia-Pacific markets to an already
"Lightspeed has an extremely talented board of directors who are
helping guide this company forward as we scale globally," said
Lightspeed President, JP Chauvet. "These two new appointments not
only reflect Lightspeed's commitment to ingenuity and innovation,
but also our deeply-held belief that diversity of thought and
experience is key to arriving at the best strategies and
Nathalie Gaveau is a serial
entrepreneur, board member and investor. She was the co-founder of
PriceMinister, one of the largest e-commerce marketplaces in
Europe (now part of Rakuten), and
also co-founded Shopcade, a data-driven social marketplace.
"Lightspeed is inventing the tools that give local businesses a
vital edge to compete in the global economy. I'm excited by the
company's promise and the markets they serve," said Gaveau. "I am
honored to have been appointed to the board of directors and am
eager to bring my expertise to help shape Lightspeed's long term
vision and strategy."
Based in London, Nathalie is
currently President of Tailwind International Acquisition Corp.
(TWNI), a SPAC formed to take a European high-growth company public
and help supercharge it, and a Senior Advisor to BCG Digital
Ventures. She is also a Non-Executive Director of Coca-Cola
EuroPacific Partners (CCEP) and Calida AG (CALN).
Dale Murray is a successful
technology entrepreneur and has extensive board experience in
technology and finance companies in the UK, US and Asia-Pacific, including Xero, The Cranemere
Group, LendInvest, Jupiter, and RatedPeople. She co-founded and led
the software business Omega Logic.
"As I've followed Lightspeed, I've been continuously impressed
by their technology and commitment to entrepreneurship," said
Murray. "I'm thrilled to be appointed to their board and excited to
share my expertise as an entrepreneur and co-founder."
Murray was awarded the British Angel Investor of the Year in
2011 (UK Business Angels Association), and served on the Business
Taskforce for former UK Prime Minister David Cameron, and was a director at the UK
Government's Department for Business. Debretts named her as one of
the "500 most influential people in Britain" in 2015.
"Both Nathalie and Dale are highly accomplished and have
impressive resumes of innovation and entrepreneurship," said
Dax Dasilva, Lightspeed's Chief
Executive Officer and Founder. "I look forward to both working with
and learning from them."
These two new appointments bring the overall percentage of
female identifying members on Lightspeed's board of directors to
44%, surpassing the 20% at other Canadian companies and the S&P
500 benchmark of 30% in the U.S.
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale and provide exceptional customer
experiences. Our cloud commerce solution transforms and unifies
online and physical operations, multichannel sales, expansion to
new locations, global payments, financial solutions and connection
to supplier networks.
Founded in Montréal, Canada in
2005, Lightspeed is dual-listed on the New York Stock Exchange
(NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams
across North America, Europe and Asia
Pacific, the company serves retail, hospitality and golf
businesses in over 100 countries.
For more information, see www.lightspeedhq.com
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This news release may include forward-looking information and
forward-looking statements within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are statements that are predictive in nature, depend
upon or refer to future events or conditions and are identified by
words such as "will", "expects", "anticipates", "intends", "plans",
"believes", "estimates" or similar expressions concerning matters
that are not historical facts. Such statements are based on current
expectations of Lightspeed's management and inherently involve
numerous risks and uncertainties, known and unknown, including
economic factors. A number of risks, uncertainties and other
factors may cause actual results to differ materially from the
forward-looking statements contained in this news release,
including, among other factors, those risk factors identified in
our most recent Management's Discussion and Analysis of Financial
Condition and Results of Operations, under "Risk Factors" in our
most recent Annual Information Form, and in our other filings with
the Canadian securities regulatory authorities and the U.S.
Securities and Exchange Commission, all of which are available
under our profile on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov. Readers are cautioned to consider these and other
factors carefully when making decisions with respect to
Lightspeed's subordinate voting shares and not to place undue
reliance on forward-looking statements. Forward-looking statements
contained in this news release are not guarantees of future
performance and, while forward-looking statements are based on
certain assumptions that Lightspeed considers reasonable, actual
events and results could differ materially from those expressed or
implied by forward-looking statements made by Lightspeed. Except as
may be expressly required by applicable law, Lightspeed does not
undertake any obligation to update publicly or revise any such
forward-looking statements, whether as a result of new information,
future events or otherwise.
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SOURCE Lightspeed Commerce Inc.