American Express GBT Picks New CEO to Lead Tech Growth

American Express Global Business Travel announced Paul Abbott as the company’s new CEO, a sign that it plans to focus more aggressively on tech development.Abbott, who currently serves as chief commercial officer of global account services for American Express, will replace CEO Doug Anderson on October 1. Over the past two years, Abbott has led the growth of American Express’ business-to-business payment system, introducing new online and mobile products.In its announcement, American Express Global Business Travel states that it is ready for a new phase of organic growth and acquisitions, which will be fueled by investment in digital technology.