Spendesk Appoints Alfonso Marone as Executive Chairman to Strengthen Governance and Accelerate Value Creation

LONDON--(BUSINESS WIRE)--Feb 12, 2025--

Spendesk, the leading spend management and procurement platform for mid-market companies, announces the appointment of Alfonso Marone as Executive Chairman of the Board. This strategic governance change underscores Spendesk’s commitment to driving innovation for customers and profitable growth in 2025.

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Alfonso Marone brings nearly 30 years of global experience in strategic leadership, business innovation, and corporate development. A former KPMG UK Equity Partner, Marone is the founder of London-based advisory firm Point79 and a graduate of INSEAD, holding both an MBA and Corporate Governance qualifications. Over the course of his executive and advisory career, he has worked with Fortune 50 and FTSE 250 organisations, including Euromoney Institutional Investor PLC (now Delinian), NBCUniversal, and O2, as well as top-tier investment firms, focusing on B2B technology, data, analytics, and the information sector.

Marone’s appointment comes at a pivotal time, as Spendesk invests heavily in procurement software solutions and prepares to launch a suite of new AI-enhanced capabilities. His appointment strengthens Spendesk’s leadership team by splitting the roles of Founder, Chair, and CEO among three complementary leaders.

“This new structure enables us to harness the visionary leadership of Founder Rodolphe Ardant, the operational expertise of CEO Axel Demazy, and my strategic oversight to enhance governance and drive attractive value for Spendesk,” said Marone. “I have really enjoyed partnering with Rodolphe and Axel over the past few months, and I am honoured to officially join Spendesk’s Board as Executive Chairman. The company’s work in building the first procure-to-pay platform for mid-market companies in the UK and Europe is truly inspiring.”

Since beginning his collaboration with Spendesk, Marone has focused on developing and overseeing a comprehensive value creation plan with a clear path to profitability in 2025. In his role, Marone chairs the Board of Directors, acting as a critical link between shareholders – including General Atlantic, Index, Eight Roads, Hexa, and Tiger Global – and the executive team. Additionally, he collaborates closely with the Founder to foster innovation in Office-of-the-CFO solutions, drive strategic partnerships, and steer the company toward a path of expansion, value creation, and eventual liquidity for its shareholders.

Axel Demazy, CEO of Spendesk, expressed his enthusiasm: “Alfonso’s leadership brings a fresh perspective and a unique ability to align our shareholders and executive team. His guidance marks a significant step in enhancing governance and unlocking value for both customers and stakeholders.”

About Spendesk

Spendesk is the leading spend management and procurement platform that transforms company spending. By simplifying procurement, payment cards, expense management, invoice processing, and accounting automation, Spendesk sets the new standard for spending at work. Its single, intelligent solution makes efficient spending easy for employees and gives finance leaders the full visibility and control they need across all company spend, even in multi-entity structures. Trusted by thousands of companies, Spendesk supports over 200,000 users across brands such as SoundCloud, Gousto, SumUp, and Bloom & Wild. With offices in London, Paris, Berlin, and Madrid, Spendesk also puts community at the heart of its mission. CFO Connect, backed by Spendesk, is the largest European network of finance leaders, with more than 12,000 members.

For more information, visit: https://www.spendesk.com/en/press/

Alfonso Marone. (Photo: Business Wire)

BRISBANE, Australia (AP) — Top-ranked Aryna Sabalenka captured her second consecutive Brisbane International title and 22nd career singles crown after a straight-sets victory over Marta Kostyuk on Sunday.

Sabalanka appeared in her third straight Brisbane final and the Belarusian looked in comfortable surroundings as she won 6-4, 6-3 in Pat Rafter Arena.

The Brisbane International is a tuneup for the Australian Open which begins next Sunday.

Kostyuk went hard early by attacking Sabalenka’s second serve, clawing back an early break with sublime drop shots that briefly rattled the world No. 1.

However, Sabalenka’s relentless intensity and match smarts proved decisive as she exploited the oppressive Brisbane humidity with punishing baseline rallies to clinch the opening set in 40 minutes.

Kostyuk wilted under the physical strain and Sabalenka accelerated in the second set.

With a mix of raking groundstrokes and deceptive drop shots, she forced a mounting error count from the Ukrainian to close out the match without dropping a set all week.

After the victory, Sabalenka looked down the court at Kostyuk and kissed both biceps, a likely nod to previous comments by Kostyuk that she possessed higher testosterone levels than other players.

Kostyuk has said the comments last year were taken out of context but increased the tensions between the pair since the Ukrainian's refusal to shake Sabalenka's hand after a match at the 2023 French Open.

The post-match trophy presentation was frosty. Kostyuk spoke passionately about her homeland but notably declined to mention Sabalenka by name.

“I want to say a few words about Ukraine,” Kostyuk said. “I play every day with a pain in my heart. There are thousands of people who are without light and warm water right now, it’s minus-20 degrees outside right now, so it’s very, very painful to live this reality every day.

"I was incredibly moved and happy to see so many Ukrainian fans and flags here this week … slava Ukraini (glory to Ukraine).”

Sabalenka, meanwhile, congratulated Kostyuk, stating she hoped they would meet in another final soon. She also took a cheeky dig at her boyfriend Georgios Frangulis.

“Hopefully soon I will call you somehow else,” Sabalenka said looking at Frangulis in the player's box. “That just put extra pressure, right?”

Later, Daniil Medvedev also won his 22nd singles title after easing past Brandon Nakashima 6-2, 7-6 (1) in the men's final.

The Russian dominated the American in the tiebreaker, claiming the first five points.

AP tennis: https://apnews.com/hub/tennis

Aryna Sabalenka of Belarus poses with the winners trophy after winning the women's final match against Marta Kostyuk of Ukraine 6-4, 6-3, at the Brisbane International tennis tournament in Brisbane, Australia, Sunday, Jan. 11, 2026. (AP Photo/Tertius Pickard)

Aryna Sabalenka of Belarus, right, hugs her support team after winning the women's final match against Marta Kostyuk of Ukraine 6-4, 6-3, at the Brisbane International tennis tournament in Brisbane, Australia, Sunday, Jan. 11, 2026. (AP Photo/Tertius Pickard)

Marta Kostyuk of Ukraine reacts after missing a shot during the women's final match against Aryna Sabalenka of Belarus at the Brisbane International tennis tournament in Brisbane, Australia, Sunday, Jan. 11, 2026. (AP Photo/Tertius Pickard)

Aryna Sabalenka of Belarus plays a shot during the women's final match against Marta Kostyuk of Ukraine at the Brisbane International tennis tournament in Brisbane, Australia, Sunday, Jan. 11, 2026. (AP Photo/Tertius Pickard)

Aryna Sabalenka of Belarus waves to the crowd after winning the women's final match against Marta Kostyuk of Ukraine 6-4, 6-3, at the Brisbane International tennis tournament in Brisbane, Australia, Sunday, Jan. 11, 2026. (AP Photo/Tertius Pickard)