Strategic Meetings Summit London, 26 September,
September 29 2022, Kimpton Fitzroy London
Friday 30 September 2022, JW Marriott Grosvenor
American Express Global Business Travel has completed its $900 million joint venture (JV) deal with a raft of new senior appointments.
Amex’s business travel division is now 50% owned by American Express with the other half of the JV being controlled by an investor group led by New York-based Certares.
Three new executive appointments have also been announced to add to the existing team of board chairman Greg O’Hara and CEO Bill Glenn.
Joining the JV will be Norma Corio as chief financial officer, Pat Bourke as chief administrative officer and JoAnne Kruse, who takes the role of chief human resources officer.
Glenn said: “American Express Global Business Travel now has the resources to further innovate and change the way that business travel operates.
“Our immense data repository will deliver even greater value to our customers and partners. With our expanding footprint worldwide and new capabilities, we will continue to offer clients global reach complemented by local expertise.”
The deal to spin off Amex’s business travel division as a separate entity was first revealed in September 2013.