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As Navan navigates stock pressure in its first months as a public company, the board has tapped a finance leader from Lyft as chief financial officer.
Navan appointed Aurélien Nolf as chief financial officer, effective March 2, four months after its IPO. Anne Giviskos has been serving as interim CFO.
Nolf serves as vice president and head of financial planning and analysis and investor relations at Lyft. The appointment comes roughly two months after Navan parted ways with its previous CFO following its public listing.
Navan’s shares are currently trading around $10, well below their 52-week high of more than $22. The company’s market capitalization stands at roughly $2.5 billion.
Unusual Timing Raises Questions
The leadership transition drew attentio
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