Rokas Sidlauskas
About Rokas Sidlauskas
Rokas Sidlauskas served as Group Chief Marketing Officer (CMO) of Society Pass (SOPA), reporting directly to the Group CEO with remit over marketing, business development, sales, social media, and product development coordination across all business units, including partnership development, merchant and user acquisition, and revenue generation across SOPA’s ecosystem . He holds a BA in European Studies & Politics from the University of the West of England (Bristol, UK) and began his career in London in commercial roles; later co-founded GO.CARE (medical tourism within Hello Health Group), served as VP of Sales at Ensogo, and co-founded the Lion&Lion digital marketing agency in Kuala Lumpur . Age was disclosed as 38 as of March 31, 2024; his tenure as CMO ended April 30, 2025 when he resigned to pursue other opportunities and the Board eliminated the CMO role .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| GO.CARE (Hello Health Group) | Co‑Founder; led corporate development, operations, marketing | 2018 | Built medical tourism business; multi‑functional leadership |
| Ensogo | VP of Sales | — | Commercial growth leadership in e‑commerce |
| Lion&Lion (Kuala Lumpur) | Co‑Founder | — | Established digital marketing capabilities |
| Various (London) | Commercial roles | — | Early‑career commercial experience |
External Roles
- No public company board or committee roles disclosed for Sidlauskas; SOPA’s director slates in 2024 and 2025 do not include him .
Fixed Compensation
Multi‑year reported compensation for Sidlauskas:
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Salary/Bonus ($) | $23,341 | $106,500 | $114,000 |
| Stock Awards ($) | $22,000 | $60,000 | $60,000 |
| Option Awards ($) | — | — | — |
| Total ($) | $45,341 | $166,500 | $174,000 |
Notes:
- No disclosure of base salary rate, target bonus %, or actual annual cash bonus for Sidlauskas beyond the aggregate Salary/Bonus amounts shown above .
Performance Compensation
- SOPA discloses stock awards amounts for Sidlauskas ($60,000 in both FY 2023 and FY 2024), but does not provide grant dates, share counts, fair values per share, vesting schedules, or whether awards are RSUs/PSUs; no options are reported for him in these years .
| Incentive Type | Metric/Plan | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Stock Awards | Not specified | — | — | — | $60,000 (FY23); $60,000 (FY24) | Not disclosed |
| Options | None disclosed | — | — | — | — | — |
- No performance metric framework (e.g., revenue growth, EBITDA, TSR) tied to Sidlauskas’s pay is disclosed in the filings reviewed .
Equity Ownership & Alignment
Beneficial ownership as of August 6, 2024 (record date for 2024 proxy):
| Holder | Common Shares | % of Common | Series X Super Voting Preferred | % of Series X | % of Voting Stock |
|---|---|---|---|---|---|
| Rokas Sidlauskas (CMO) | 9,043 | * | — | — | * |
Notes:
- The proxy marks percent ownership figures for certain individuals as “Nonmeaningful” (“*”), indicating extremely small percentages relative to shares outstanding (2,970,696 common at that record date) .
- No disclosure of vested vs. unvested share breakdown, pledged shares, or compliance with stock ownership guidelines for Sidlauskas. SOPA states it does not currently have hedging/offsetting policies for declines in equity value, at the company level .
Employment Terms
- Resignation: The Board accepted Sidlauskas’s resignation as Group CMO effective April 30, 2025; the Board simultaneously removed the Group CMO position from the management team. The filing states the resignation was not due to any disagreement with the Company .
- Contract specifics (start date, term, severance, change‑of‑control, non‑compete, non‑solicit, garden leave, consulting arrangements) are not disclosed for Sidlauskas in the reviewed filings .
Investment Implications
- Role elimination and departure: Sidlauskas’s exit and the removal of the CMO position (April 30, 2025) suggest a leaner management structure; no disagreement flagged reduces governance red‑flag risk typically associated with contentious departures .
- Modest pay and limited reported ownership: Reported compensation was modest with consistent stock awards and no options; beneficial ownership was non‑meaningful by SOPA’s proxy characterization, implying limited direct alignment via equity at the record date reviewed .
- Data gaps on incentives: Lack of disclosed performance metrics, vesting schedules, or ownership guidelines complicates pay‑for‑performance analysis and visibility into potential insider selling pressure; no pledging/hedging policy at the company level may be a governance consideration .
- Actionable monitoring: Given the departure, monitor future filings for any consulting arrangements or subsequent equity transactions by Sidlauskas (e.g., Forms 4), and assess whether marketing functions have been redistributed effectively under SOPA’s reconfigured leadership to mitigate execution risk .