American Express Global Business Travel

American Express Global Business Travel (GBT) is a multinational travel and meetings program management company headquartered in New York, New York. GBT has 13,500 employees in 133 countries.[1][2] Paul Abbott has been the CEO of GBT since October 1, 2019.[3]

American Express Global Business Travel
TypePrivate
Headquarters
New York, New York
,
United States
Area served
Worldwide
ServicesCorporate travel management, Event Management
Number of employees
13,500
Websitewww.amexglobalbusinesstravel.com

About

GBT is headquartered in New York, New York with additional offices in 133 countries.

Leadership[4]
  • CHIEF EXECUTIVE OFFICER: Paul Abbott
  • CHIEF COMMERCIAL OFFICER: Andrew Crawley
  • CHIEF FINANCIAL OFFICER: Martine Gerow
  • CHIEF RISK/COMPLIANCE OFFICER: Si-Yeon Kim
  • CHIEF LEGAL OFFICER, CORPORATE SECRETARY AND GLOBAL HEAD OF MERGERS AND ACQUISITIONS: Eric J. Bock
  • CHIEF REVENUE OFFICER: Michael Qualantone
  • CHIEF INFORMATION TECHNOLOGY OFFICER: David Thompson
  • CHIEF PEOPLE OFFICER: Patricia Huska
  • EVP PRODUCT & STRATEGY: Evan Konwiser
  • CHIEF TRANSFORMATION OFFICER, SVP: Boriana Tchobanova
  • VP OF BUSINESS PLANNING OFFICE OF THE CEO: Joakim Johansson

Ownership History

In 2014 American Express divested their Global Business Travel division for an investment of $900 million to an investor group creating American Express Global Business Travel. The investment group was led by Certares LP and included Qatar Holdings, Macquarie Capital and funds managed by BlackRock and Teacher Retirement System of Texas.[5] American Express maintained 50-percent ownership of the newly created American Express Global Business Travel (GBT).[6]

In December 2021, American Express Global Business Travel (GBT) announced they would be going public via a SPAC. GBT is merging with the Special Purpose Acquisition Company Apollo Strategic Growth Capital, backed by Apollo Global Management.[7] Following the close of the merger, expected in the first half of 2022, the company will trade on the New York Stock Exchange with the symbol GBTG.[8]

Acquisitions

References
  1. "ESG 2020 Report" (PDF).
  2. "About Us". Amex GBT - United States. Retrieved 2022-03-23.
  3. Leposa, Adam (2019-09-20). "AmEx GBT Names Paul Abbott New CEO". Travel Agent Central. Retrieved 2022-03-23.
  4. "BCD Travel: Travel Weekly". www.travelweekly.com. Retrieved 2022-03-23.
  5. Sharf, Samantha. "American Express To Spin Off Business Travel Division Into Joint Venture". Forbes. Retrieved 2022-03-23.
  6. Sharf, Samantha. "American Express To Spin Off Business Travel Division Into Joint Venture". Forbes. Retrieved 2022-03-23.
  7. Ramkumar, Amrith (2021-12-03). "WSJ News Exclusive | AmEx Global Business Travel Going Public Through $5.3 Billion Merger With Apollo SPAC". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-03-23.
  8. Reuters (2021-12-03). "AmEx Global Business Travel to go public via $5.3 bln Apollo SPAC deal". Reuters. Retrieved 2022-03-23.
  9. "Amex GBT Acquires KDS". www.businesstravelnews.com. Retrieved 2022-03-23.
  10. "Amex GBT buys Finnish firm SMT: Travel Weekly". www.travelweekly.com. Retrieved 2022-03-23.
  11. Ltd, Jacobs Media Group. "American Express Global Business Travel acquires Banks Sadler". Travel Weekly. Retrieved 2022-03-23.
  12. Whyte, Patrick; February 9th, Skift; EST, 2018 at 5:38 AM (2018-02-09). "American Express Global Business Travel Agrees to Buy Hogg Robinson Group". Skift. Retrieved 2022-03-23.
  13. Sheivachman, rew; August 13th, Skift; EDT, 2019 at 12:00 PM (2019-08-13). "Amex GBT Signs Deal With Kanoo Travel in Middle East Push". Skift. Retrieved 2022-03-23.
  14. "Amex GBT Acquires German Small & Midsize Enterprise Travel Agency". www.businesstravelnews.com. Retrieved 2022-03-23.
  15. Parsons, Matthew; October 12th, Skift; EDT, 2020 at 8:00 AM (2020-10-12). "Amex GBT Pushes Ahead Into Automated Bookings With a Chatbot Acquisition". Skift. Retrieved 2022-03-23.
  16. "Amex GBT Acquires Ovation Travel Group". TravelPulse. Retrieved 2022-03-23.
  17. "Amex GBT Completes Egencia Acquisition". www.businesstravelnews.com. Retrieved 2022-03-23.
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