Coda Unveils New Leadership Team Following Recharge Acquisition
Shane Happach continues as CEO, joined by a C-suite featuring former Recharge executives, including Fabian Spaargaren (EVP B2C) and Martine Tiemersma (COO).
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Coda has announced its new executive leadership team and board composition following the acquisition of Recharge, a European prepaid payments platform.
The combined company will operate under the Coda brand, integrating capabilities across payments, consumer storefronts, and digital content distribution.
The parent entity will consolidate operations under the Coda brand. Meanwhile, Recharge’s established consumer-facing brands (including Recharge.com, Startselect, and Giftcloud) will continue to operate within the global portfolio.
According to the company, the move brings together B2B and B2C capabilities. The goal is to build a unified global infrastructure that streamlines how digital products are discovered and purchased.
Shane Happach continues as Chief Executive Officer of the combined organisation.
The new executive team includes former Recharge leaders, with Fabian Spaargaren appointed as EVP B2C and Martine Tiemersma joining as Chief Operating Officer.
Rounding out the leadership team, Zac Liew joins as Chief Commercial Officer B2B, alongside Mike Feldkamp as Chief Technology Officer, Abhi Sharma as Chief Financial Officer, Linda Lee as SVP People, and Liz Adam as VP Corporate Affairs.
In the boardroom, Michael Kent assumes the role of Chairman, transitioning from his previous chairmanship at Recharge.
Günther Vogelpoel, the outgoing CEO of Recharge, will move to a non-executive director role at the end of the year. The board retains representatives from investors Apis Partners, GIC, Insight Partners, and Smash Capital.
Shane Happach
“Bringing our teams and capabilities together gives us a stronger foundation … We now operate with more scale, deeper expertise, and a shared focus on powering the future of digital commerce,” said Happach.
Kent noted that the company now possesses the necessary leadership and unified infrastructure to define the direction of the digital commerce industry.