American Express Global Business Travel Appoints New CEO
Bruce Parkinson, Open Jaw
American Express Global Business Travel (GBT) has announced that Paul Abbott will assume the role of Chief Executive Officer, effective 1OCT. Abbott replaces Doug Anderson who is stepping down after three years.
The company says it is now poised for its next phase of rapid organic growth and M&A activity fueled by technology investments, customer service and focus.
“Over the past three years, GBT accomplished its technology transformation, M&A/Integration plans and commercial growth goals while delivering record performance and achieving clear status as the world’s leading business partner for managed travel,” said Greg O’Hara, Executive Chairman of the Board, American Express Global Business Travel.
“Doug steered GBT through the acquisition of HRG last year, which was the industry’s largest ever, as well as a full cultural transformation that has led to 18,000 of the most engaged team members in the business. He leaves GBT in an outstanding place to build on its strengths as it continues to invest in a bright future.”
Abbott joins from American Express, where he is currently Chief Commercial Officer, Global Commercial Services, the company’s global B2B Payments Business. He has also served on the GBT board for the last four years.
“It is a privilege to lead a talented team committed to delivering exceptional service and investing significantly in growth and technology-led innovation,” said Abbott. “I look forward to engaging with colleagues, customers, and suppliers as we collaborate to advance the business travel experience together.”
Abbott has spent 18 years in the travel business, having started his career at British Airways and working in the corporate travel business at American Express. In his 24 years at American Express, he served in increasingly senior roles across various business units of the Company.
Bruce Parkinson Editor-in-Chief
An observer and analyst of the Canadian and international travel industries for over 25 years, Bruce uses the pre-dawn hours to prepare a daily news and information package to keep industry members up to date.