NAVN · Navan, Inc.

The departure of Anne Giviskos from her dual role as Senior Vice President, Strategic Finance and Chief Accounting Officer represents a significant change in Navan's financial leadership structure. Her responsibilities will be absorbed by existing CFO Aurélien Nolf, who will now serve as both chief financial officer and principal accounting officer, consolidating financial oversight under a single executive. The company has structured the transition to provide Ms. Giviskos with severance benefits under her existing Change in Control and Severance Agreement, specifically for a 'Qualifying Non-CIC Termination,' indicating a planned departure rather than a termination for cause. This leadership consolidation may streamline financial reporting and decision-making processes, though investors should monitor for any potential disruptions during the transition period.