WeCommerce Promotes Alex Persson to Chief Executive Officer; Chris Sparling Appointed Chairman of the Board

WeCommerce Holdings Ltd. for merchants, is pleased to announce the promotion of Alex Persson to Chief Executive Officer and the appointment of Chris Sparling as Chairman of the Board, effective immediately. Andrew Wilkinson, previously WeCommerce’s Chairman of the Board, will continue to serve as a director of the Company.

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“I look forward to continuing to work closely with our talented colleagues, Chris and Andrew, the Board and our shareholders to realize the shared vision to capitalize on the significant growth opportunity ahead for ecommerce.”

“It is my great pleasure to announce Alex as CEO of WeCommerce”, said WeCommerce Chairman Chris Sparling. “Since Alex joined us last year, he has overseen our M&A efforts and worked extensively with our growing portfolio of companies. He led our CFO search, built a world-class team at WeCommerce and positioned the Company for growth in 2022 and beyond. I look forward to continuing to work closely with Alex as Chairman to build WeCommerce into the premier provider of ecommerce software and tools and furthering our vision as the capital provider of choice for ecommerce technology entrepreneurs everywhere.”

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Andrew Wilkinson said, “Chris and I have been incredibly impressed with Alex since he joined us last year and it quickly became obvious that he was ready to step up to the plate and take on the CEO role. Alex has been instrumental in our growth so far and we’re excited to see where he takes the business in the coming years.”

“I am truly honored to lead our extraordinary company as WeCommerce’s Chief Executive Officer,” said Alex Persson. “I look forward to continuing to work closely with our talented colleagues, Chris and Andrew, the Board and our shareholders to realize the shared vision to capitalize on the significant growth opportunity ahead for ecommerce.”

Mr. Persson joined WeCommerce in 2020, overseeing acquisitions and managing the Company’s portfolio of leading ecommerce technology companies. He has spent the bulk of his career working with Jefferies Financial Group’s senior management in various investing and operating roles. Mr. Persson has a B.S. from the University of Virginia and an M.B.A. from the Stanford Graduate School of Business.

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