- Pleo appoints Søren Westh Lonning as new CFO.
- Lonning, previously an advisor, joins during a period of high growth.
- Despite a workforce cut a year ago, Pleo signals growth with new features.
- Launches auto top-up, multi-entity management, and cashback solutions.
- Lonning’s role aims to complement the existing leadership for strategic goals.
- With 20+ years of financial leadership, Lonning held CFO positions at Chr Hansen, WS Audiology, and Danish Endurance.
- Some speculate CFO appointment prepares for a possible stock market floatation.
- CNBC reports Pleo is considering an IPO, but no definitive plans are set until 2025.
- CEO Jeppe Rindom emphasizes that IPO is not in motion yet, despite being an important consideration.
Søren Westh Lonning joins B2B spend management platform Pleo as CFO
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