Navan has promoted Michael Sindicich to become the CEO of Navan Expense, according to a post by Sindicich on LinkedIn.
He has been with Navan since April 2016 and most recently had been EVP and general manager of Navan Expense, a position he has held since December 2019.
Navan has positioned Navan Expense as a "start up within a start-up", and introducing a CEO position could signal an increased focus on this part of the TMC’s business.
Navan Expense gained more exposure in the second half of 2023 with the launch of the new Navan Connect expense platform in the UK and Europe in November, as well as a partnership with bank Citi for a co-branded T&E offering to Citi Commercial Bank customers in the US.