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CXApp Inc. (Nasdaq: CXAI) Announces the Appointment of Joy Mbanugo as Chief Financial Officer

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CXApp Inc. (Nasdaq: CXAI), a leader in employee workplace experiences, has appointed Joy Mbanugo as Chief Financial Officer. With over 22 years of financial leadership experience, Mbanugo brings expertise from roles at Google Cloud, BlackRock, and E&Y. Her most recent position was CFO at ServiceRocket, where she optimized EBITDA and drove growth. At Google Cloud, she played a important role in financial planning and system transformation.

Mbanugo will oversee CXAI's financial strategy and operations as the company expands globally. CEO Khurram Sheikh expressed enthusiasm about her joining the team, citing her extensive experience in financial management and strategic planning as valuable assets for CXAI's growth and development of AI-powered workplace solutions.

CXApp Inc. (Nasdaq: CXAI), leader nelle esperienze lavorative dei dipendenti, ha nominato Joy Mbanugo come direttore finanziario. Con oltre 22 anni di esperienza nella leadership finanziaria, Mbanugo porta con sé competenze derivate da ruoli in Google Cloud, BlackRock e E&Y. La sua posizione più recente è stata quella di CFO in ServiceRocket, dove ha ottimizzato l'EBITDA e guidato la crescita. In Google Cloud ha avuto un ruolo cruciale nella pianificazione finanziaria e nella trasformazione sistemica.

Mbanugo superviserà la strategia e le operazioni finanziarie di CXAI mentre l'azienda si espande a livello globale. Il CEO Khurram Sheikh ha espresso entusiasmo per il suo ingresso nel team, citando la sua vasta esperienza nella gestione finanziaria e nella pianificazione strategica come risorse preziose per la crescita di CXAI e lo sviluppo di soluzioni lavorative alimentate dall'IA.

CXApp Inc. (Nasdaq: CXAI), líder en experiencias laborales para empleados, ha nombrado a Joy Mbanugo como directora financiera. Con más de 22 años de experiencia en liderazgo financiero, Mbanugo aporta conocimientos adquiridos en roles en Google Cloud, BlackRock y E&Y. Su último puesto fue CFO en ServiceRocket, donde optimizó el EBITDA y promovió el crecimiento. En Google Cloud, tuvo un papel importante en la planificación financiera y la transformación de sistemas.

Mbanugo supervisará la estrategia y operaciones financieras de CXAI a medida que la empresa se expande a nivel global. El CEO Khurram Sheikh expresó su entusiasmo por su incorporación al equipo, citando su amplia experiencia en gestión financiera y planificación estratégica como activos valiosos para el crecimiento de CXAI y el desarrollo de soluciones laborales impulsadas por IA.

CXApp Inc. (Nasdaq: CXAI)는 직원 작업 경험의 선두주자로 Joy Mbanugo를 최고 재무 책임자(CFO)로 임명했습니다. 22년 이상의 재무 리더십 경험을 보유한 Mbanugo는 Google Cloud, BlackRock 및 E&Y에서의 역할을 통해 축적한 전문 지식을 제공합니다. 최근에는 ServiceRocket의 CFO로서 EBITDA를 최적화하고 성장을 이끌었습니다. Google Cloud에서는 재무 계획 및 시스템 변혁에서도 중요한 역할을 했습니다.

Mbanugo는 CXAI의 재무 전략 및 운영을 감독할 것입니다 회사가 글로벌로 확장됨에 따라. CEO Khurram Sheikh는 그녀의 합류에 대한 열정을 표현하며, 재무 관리 및 전략 계획에 대한 그녀의 광범위한 경험이 CXAI의 성장과 AI 기반 업무 솔루션 개발을 위한 귀중한 자산이 될 것이라고 언급했습니다.

CXApp Inc. (Nasdaq: CXAI), leader dans l'expérience des employés au travail, a nommé Joy Mbanugo au poste de directrice financière. Forte de plus de 22 ans d'expérience en leadership financier, Mbanugo apporte son expertise acquise dans des rôles chez Google Cloud, BlackRock et E&Y. Son dernier poste était celui de CFO chez ServiceRocket, où elle a optimisé l'EBITDA et favorisé la croissance. Chez Google Cloud, elle a joué un rôle essentiel dans la planification financière et la transformation des systèmes.

Mbanugo supervisera la stratégie et les opérations financières de CXAI alors que l'entreprise s'étend à l'international. Le PDG Khurram Sheikh a exprimé son enthousiasme quant à son intégration au sein de l'équipe, citant sa vaste expérience en gestion financière et planification stratégique comme des atouts précieux pour la croissance de CXAI et le développement de solutions de travail alimentées par l'IA.

CXApp Inc. (Nasdaq: CXAI), ein führendes Unternehmen in der Mitarbeitererfahrung, hat Joy Mbanugo zur Chief Financial Officer (CFO) ernannt. Mit über 22 Jahren Erfahrung in der finanziellen Führung bringt Mbanugo Fachwissen aus Positionen bei Google Cloud, BlackRock und E&Y mit. Ihre letzte Position war CFO bei ServiceRocket, wo sie das EBITDA optimierte und das Wachstum förderte. Bei Google Cloud spielte sie eine entscheidende Rolle in der Finanzplanung und Systemtransformation.

Mbanugo wird die finanzielle Strategie und die Betriebsabläufe von CXAI überwachen, während das Unternehmen global expandiert. CEO Khurram Sheikh äußerte sich begeistert über ihren Beitritt zum Team und nannte ihre umfangreiche Erfahrung in der Finanzverwaltung und strategischen Planung als wertvolle Ressourcen für das Wachstum von CXAI und die Entwicklung KI-gestützter Arbeitsplatzlösungen.

Positive
  • Appointment of experienced CFO with 22 years of financial leadership
  • New CFO has previous experience at major tech companies like Google Cloud
  • Potential for improved financial strategy and operations during global expansion
  • New CFO's expertise in optimizing EBITDA and driving growth
Negative
  • None.

Experienced Finance Executive with previous leadership roles at Google Cloud, BlackRock and E&Y

PALO ALTO, CA / ACCESSWIRE / August 19, 2024 / CXApp Inc. (Nasdaq:CXAI), the global technology leader in employee workplace experiences today announced the appointment of Joy Mbanugo as Chief Financial Officer (CFO), effective immediately, reporting to Chairman and CEO Khurram Sheikh. Mrs. Mbanugo will oversee the company's financial strategy and operations as it continues its rapid growth and global expansion, transforming workplaces worldwide.

Joy Mbanugo brings over 22 years of financial leadership experience to CXAI, demonstrated by a proven track record of steering organizations through significant periods of transformation and growth. Prior to joining CXAI, she served as the Chief Financial Officer at ServiceRocket, where she was instrumental in optimizing EBITDA through strategic cost management, cash preservation, and driving topline growth. Joy also played a critical role in shaping and executing the company's go-to-market strategy, aligning financial resources with sales and marketing initiatives to drive sustainable growth. Prior to ServiceRocket, Joy had a leading role in financial planning, analysis, and reporting for cloud partnerships at Google Cloud. At Google, she not only optimized profit margins on major deals but also significantly contributed to one of the largest financial system transformations in the company's history which significantly enhanced global financial efficiency and business intelligence. Additionally, Joy brings significant experience in treasury and tax management, having overseen comprehensive corporate tax strategies, intercompany transactions, and global cash management of over $100 billion, ensuring robust compliance and optimization of financial resources.

"On behalf of the entire team at CXAI, we are thrilled to welcome Joy Mbanugo as our Chief Financial Officer," said Khurram Sheikh, Founder, Chairman & CEO of CXAI. "Joy's extensive experience in financial management and strategic planning will be invaluable as we continue to scale our business and develop a new category in software focused on employee experiences. We conducted a thorough search across Silicon Valley and are fortunate to have someone of her caliber join our team at this exciting juncture."

Mrs. Mbanugo expressed excitement about joining CXAI at a pivotal time in its growth trajectory. "CXAI is leading the charge in transforming workplace environments through innovative AI-powered solutions. I am excited to join this dynamic team of innovators. My focus will be on driving strategic financial initiatives that align with our ambitious growth trajectory, enhancing value for our shareholders, and positioning CXAI as the leading force in the future of work. Partnering with Khurram and the CXAI team, I am looking forward to this journey of shaping the future of work."

Khurram Sheikh concluded, "CXAI has been at the forefront of revolutionizing the employee experience, offering cutting-edge solutions that help organizations foster a more engaging and productive workplace. As the company continues to expand its offerings and global footprint, Joy's leadership will play a crucial role in driving continued financial performance and being a partner to me in executing our business plans. We are all looking forward to Joy's help in taking CXAI to the sky and beyond!"

About CXApp Inc.
CXApp Inc., is the global technology leader in employee workplace experiences. The Company is headquartered in the SF Bay Area and operates the CXAI SaaS platform that is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the workplace for enhanced experiences across people, places and things.

CXApp's customers include major Fortune 1000 Global Companies in the technology, financial services, consumer, healthcare, and media entertainment verticals.

www.cxapp.com

CXApp Inc.: marketing@cxapp.com

SOURCE: CXApp Inc.



View the original press release on accesswire.com

FAQ

Who is the new CFO of CXApp Inc. (CXAI)?

Joy Mbanugo has been appointed as the new Chief Financial Officer of CXApp Inc. (CXAI), effective immediately.

What is Joy Mbanugo's professional background before joining CXAI?

Joy Mbanugo has over 22 years of financial leadership experience, including roles at Google Cloud, BlackRock, E&Y, and most recently as CFO at ServiceRocket.

How might Joy Mbanugo's appointment impact CXAI's financial strategy?

Mbanugo's experience in optimizing EBITDA, driving growth, and managing large-scale financial operations is expected to enhance CXAI's financial strategy and support its global expansion efforts.

What are CXAI's main products or services?

CXAI specializes in AI-powered solutions for transforming workplace environments and enhancing employee experiences.

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