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Navan, a leading travel and expense management platform valued at $9.2 billion, today announced the appointment of Amy Butte as its new Chief Financial Officer. Butte, who previously served as CFO of the New York Stock Exchange from 2004 to 2006, will officially join Navan in June 2024. She has been serving as the company’s Audit Committee Chair since April.
Amy Butte brings a wealth of experience to Navan, having held key roles as a banker, research analyst, board director, and CFO. Her extensive financial expertise and strategic vision will be instrumental as Navan prepares for its highly anticipated initial public offering (IPO).
“Amy’s impressive track record and deep understanding of financial markets make her an invaluable addition to our executive team,” said Ariel Cohen, CEO of Navan. “Her leadership will be critical as we continue to grow and prepare for our IPO.”
Founded by Ariel Cohen, Navan offers a comprehensive platform that simplifies expense management and travel bookings for businesses of all sizes. The company competes with industry giants such as SAP Concur, American Express, TravelPerk, Brex, and Ramp. Navan has been recognized for its innovative approach and was named a CNBC Disruptor 50 company in May 2024.
Amy Butte’s appointment comes at a pivotal time for Navan. The company is focused on refining its financial strategy and achieving profitability, with CEO Ariel Cohen recently stating that Navan is “not far” from an IPO.
