NusaTrip Incorporated Appoints New CFO, CTO, and Chief Revenue Officer in June 2026 Executive Leadership Update

NusaTrip Inc. Announces Multiple C-Suite Changes—New CFO, CTO, CRO Appointments and COO Removal

NusaTrip Incorporated (“NusaTrip” or “the Company”), a Southeast Asia-focused travel technology company listed on the Nasdaq Stock Market LLC, has made a series of significant executive team changes, according to its latest SEC Form 8-K filing dated June 9, 2026. These executive changes, including new appointments and a key removal, are material events that shareholders should be aware of, as they may have an effect on corporate strategy, operating performance, and potentially the Company’s share value.

Key Points in the Report

Chief Financial Officer (CFO) Appointment: Loïc Gautier appointed as CFO effective June 2, 2026, with a base salary of US\$150,000, bonus eligibility, and equity-based compensation.
Chief Technology Officer (CTO) Appointment: Binglin Yu named CTO, effective June 2, 2026, with a base salary of RMB 55,000 per month.
Chief Revenue Officer (CRO) Appointment: Hongwei “Neil” Zhang to commence as CRO on June 20, 2026, with a base salary of RMB 55,000 per month and performance/milestone-based incentives.
Chief Operating Officer (COO) Removed: Ade Irawan removed from all officer, management, administrative, and platform roles effective June 2, 2026.
Failed CFO Hire: Previously announced CFO appointee Wallace Tzi Chun Foo did not accept the position for personal and family reasons.
CEO Employment Agreement: CEO Patrick Soetanto Tjin entered a new employment agreement as of June 1, 2026, with a base salary of US\$150,000 plus a minimum 25% annual bonus, subject to performance.

Details of Each Leadership Change

Chief Financial Officer Departure and Appointment

On May 20, 2026, the Company had announced the appointment of Wallace Tzi Chun Foo as CFO, contingent on finalizing terms. On May 25, 2026, Mr. Foo informed the Company he would not accept the position due to personal and family reasons; he never commenced his role, and there were no disagreements with the Company.
On June 2, 2026, the Board appointed Loïc Gautier as CFO. Mr. Gautier brings over 10 years of experience in technology, e-commerce operations, and corporate finance across Southeast Asia. He began his career at Groupon Paris (2012), joined Lazada for its Vietnam expansion, and in 2015 founded Leflair, a luxury e-commerce startup. His compensation package includes an annual base salary of US\$150,000, discretionary annual cash bonus, equity compensation, and participation in executive benefit plans. No related-party transactions or family relationships are reported.

Chief Technology Officer Appointment

On June 2, 2026, Binglin Yu was appointed Chief Technology Officer. He has more than a decade of experience in large-scale distributed systems, GDS integration, and B2B travel platforms. Before this, he was CTO at Beijing Nuosa You Technology Co., Ltd., a NusaTrip subsidiary, since April 2025, where he established the Beijing technology office. Mr. Yu will receive a base salary of RMB 55,000 per month. There are no family or related-party disclosures.

Chief Revenue Officer Appointment

Hongwei “Neil” Zhang was appointed Chief Revenue Officer, starting June 20, 2026, with a base salary of RMB 55,000 per month and eligibility for performance and milestone-based incentives. With over 20 years of experience in global aviation, airline distribution, and online travel, Mr. Zhang was most recently at Beijing Dashitong Information Technology Ltd. (INTECH TRAVEL GROUP), a key airline content supplier for NusaTrip, until September 2025. He later worked at YeePay Co., Ltd. before joining NusaTrip. No material related-party transactions beyond disclosed airline content supply.

Chief Operating Officer Removal

On June 2, 2026, the Board removed Ade Irawan as Chief Operating Officer and stripped him of all officer, management, banking, administrative, and platform functions within NusaTrip and its subsidiaries. There were no disagreements regarding Company operations, policies, or practices. Such a sweeping removal of authority is likely to have operational implications and may signal a strategic shift or refocusing of management responsibilities.

CEO Employment Agreement

NusaTrip entered a new agreement with CEO Patrick Soetanto Tjin as of June 1, 2026. He is entitled to a base salary of US\$150,000 per year and a minimum annual bonus of 25% of base salary, tied to performance goals. This formalizes executive incentives and may signal efforts to retain and motivate key leadership.

Potential Shareholder Impacts and Price-Sensitive Matters

The rapid and extensive reshuffling of the senior management team, including new CFO, CTO, and CRO appointments, and the removal of the COO, are material developments. Such changes often reflect strategic repositioning, possible turnaround efforts, or responses to operational challenges. These can be price-sensitive, especially in a technology-driven travel business where leadership execution is crucial.
The failed CFO appointment and the immediate replacement process may raise questions about succession planning and stability, though the Company acted quickly to fill the role.
None of the new appointees are reported to have related-party transactions or family connections with Company directors or executives, reducing immediate governance concerns.
The disclosure of direct links between the new CRO and a key airline content supplier (INTECH TRAVEL GROUP) is notable, but the Company reports no material conflicts beyond this business relationship.
The CEO’s new employment agreement, with substantial incentive pay, may help align leadership goals with shareholder interests but also increases fixed compensation costs.

Exhibits and Further Information

The Company has filed the full employment agreements for the new CFO, CEO, and CRO as exhibits to this Form 8-K, which investors may wish to review for additional details on the terms of their appointments.

Conclusion

These boardroom changes are significant and could impact NusaTrip’s strategic direction and market perception. Investors are advised to monitor the Company’s next filings and management commentary for further clarity on the rationale and intended outcomes of these changes.

Disclaimer:
This article is a summary and interpretation of NusaTrip Inc.’s SEC filings dated June 9, 2026. It does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making any investment decisions. The Company’s share price may be affected by the events described herein, but future performance is subject to various risks and uncertainties.