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Top related persons:
Amy Butte - 2 Ariel Cohen - 2 Cohen - 2 Butte's - 1 Rich Liu - 1 Cohen wouldn't - 1 he's - 1
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Navan U.S
Top related orgs:
Navan - 2 New York Stock Exchange - 2 CNBC - 2 SAP - 1 American Express - 1 Navan Travel - 1

Search resuls for: "Amy Butte"


2 mentions found


☆ $9.2 billion fintech Navan appoints ex-NYSE exec as CFO ahead of anticipated IPO
  + stars: | 2024-06-03 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
Navan has hired a former New York Stock Exchange executive as its new chief financial officer, ahead of the anticipated IPO of the $9.2 billion travel and expense management platform. Amy Butte, who was NYSE's CFO between 2004 and 2006, will join Navan as its new CFO in June. Founded by entrepreneur Ariel Cohen, Navan is a platform that helps employees at companies big and small to manage their expenses and travel bookings. Last month, Cohen, Navan's CEO, told CNBC the firm is "not far" from an IPO, adding that the company expects to hit profitability this year. Navan was named as a CNBC Disruptor 50 company in May.
Persons: Amy Butte, Butte's, Ariel Cohen, Cohen Organizations: Navan, New York Stock Exchange, SAP, American Express, CNBC Locations: Navan
☆ $9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
  + stars: | 2024-05-20 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Asked about when Navan would choose to go public, the firm's CEO and co-founder Ariel Cohen said the company is close to reaching that milestone. "We can see the signals," he said, adding that Navan has been adjusting its leadership structure and making changes to its board in a signal of maturity. Last month saw Navan announce the return of Rich Liu, formerly Navan's chief revenue officer and "an expert on scaling companies from seed to IPO and beyond," to the business as CEO of Navan Travel, the company's travel division. While Cohen wouldn't commit to a date for Navan's eventual IPO, he said the business was "not far" from being ready for a stock market listing. The company is on track to become cash-flow positive and achieve profitability for the first time this year, he said.
Persons: Ariel Cohen, Rich Liu, Amy Butte, Cohen, Cohen wouldn't, he's Organizations: Navan, CNBC, Navan Travel, New York Stock Exchange Locations: Navan, U.S
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