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Butn Co-Founder Walter Rapoport Steps Down as Co-CEO, Moves to Board

6:01pm on Friday 4th of July, 2025 AEST Financial Services
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Butn Co-Founder Walter Rapoport Steps Down as Co-CEO, Moves to Board

6:01pm on Friday 4th of July, 2025 AEST
Key Points
  • Walter Rapoport retires as Co-CEO after nearly a decade
  • Transition to Non-Executive Director effective 30 September 2025
  • Board waives continued employment vesting condition for 50% of recent options
  • Rael Ross remains as sole CEO and Executive Director
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