Exclusive: Traveel starting engine 2.1 billion dollars appoints the financial manager

Melamud is the new financial manager of Denver, a start -up company for travel technology with the support of telescope partners, BlackstonePhond and Perma. He leaves the investor seat to join the full -time executive team in the engine, which serves more than a million commercial passengers, according to the company. It exceeded 1,000 employees – from 700 at the beginning of 2024 – and expands quickly during Strategic using artificial intelligence For growth fuel.

The first connection to Melamud was the engine at the plate level. In 2024, while he is a manager at Permira, a global investment company specialized in private and credit stocks, he decided to join the engine board. He said, referring to many small and medium -sized companies with an inadvertent travel reservation – “within 16 years of investment, I have never faced such a total market for green opportunities,” he said in reference to many small and medium -sized companies with an inadvertent travel reservation – “Within 16 years of investment, I have never faced such a total market for green opportunities.”

Melamud led the C series, with Baymerra investing $ 140 million, which paid the engine rating to $ 2.1 billion in September 2024.

The engine is a modern travel platform designed for small and medium -sized companies, as well as groups. Melanoud explained that its prominent advantage offers the prices of hotels available to the public and a wide range of exclusive companies (closed prices “) that cannot be reached for the general public. He said that these negotiating rates, with average and 26 % savings, are obtained through the engine market, partnerships and wholesaler. Companies are logging in to access this closed ecosystem, while maintaining these exclusive prices is confidential and separate from the prices of public hotels.

The platform is free for use, with no contracts, lower or lower fees. Melamud also refers to the engine’s direct invoice feature, which extends companies to a week to two weeks. He said this allows companies with frequent travelers to settle payments twice a month, such as the salary cycle every two weeks.

Before he became a prolific investor, Melamud started his career nearly 20 years ago as an analyst for investment banking services in Lehman Brothers and Barclays. He said that assuming the role of the engine’s financial manager was “purely fate.”

“I didn’t attend this year, believing that I would become a financial manager in the middle of the year,” he pointed out.

During a board meeting with the engineer and CEO Elijah Waline, they discussed how the company did not have the financial manager at that time. Melamud has always enjoyed deep diving into challenges. Since joining the engine, he is no longer on the company’s board or with Permira.

Is the public subscription to the engine? “As long as we are building strong works that address this market, we will have two options,” said Melamud. “But at the present time, it is not something that we are actively thinking.”

Regarding the upcoming risks and opportunities, he said: “The current total environment has much greater fluctuations, which can challenge our customers’ ability to plan. But the engine opportunity is to reduce this friction.”

In his spare time, Melamud focuses on his family. “I have three young children, and they are in ages that are still new,” he said.

Sherrill Istra
[email protected]

Leaders

Eric Christil EVP and CFO are set from Bloomin ‘Brands, Inc. (NASDAQ: BLMN), Mother’s brand company including Outback Steakouse. Christiel joined the company on August 4 for a transitional period and will take over the role of the financial manager on September 8. The current financial director, Michael Healy, will take over the newly -established role for EVP, strategy and transformation. Christiel brings nearly two decades of financial leadership in the food and beverage sector, including its role as SVP, financial manager of the Campbell snacks department and many leadership roles in Pepsico.

Michael Graham Financial Director has been appointed Zoominfo (NASDAQ: GTM), a database of business and intelligence, as of August 1. O’Brien has worked as temporary financial manager since September 2024. Before that, he has held various roles in the company since December 2017, and has recently been the VP & A since 2023.

A big deal

The first appearance of 2025 Fortune 100 appeared in the business list this morning, with graceful obstacles, the brand name, the Fortune 500 executives, and the behind -the -scenes power players. The twelfth classification of the most influential people in the business world is 28 companies worldwide, including financing, technology, retail and cars.

This list measures strength and influence, and although the clear value is a factor, luck He was more interested in the leader’s ability to form ideas and actions around them. The first place is Jensen Huang, founder and CEO of NVIDIA. Under the leadership of Huang, it has recently become the first company to exceed the ceiling of a market worth $ 4 trillion, driven by increasing demand for artificial intelligence chips. This landmark emphasizes the pivotal role of NVIDIA in the Tuwaidi artificial intelligence boom, which transforms the global scene of technology and the operation of many other major technology companies that show executive managers in our list. Jensen faces competition from well -known companies and startups, but nothing poses a serious threat to NVIDIA’s domination – yes.

deepen

“Elon Musk maintains the title as the highest-paid CEO in history with a $ 26 billion payment package-and the only thing he must do is to appear for two years.” new luck a report Written by Amanda Girut.

From the report: “Tesla Council approved on Sunday a” temporary prize “of 96 million shares restricted to CEO Elon Musk. Original 2018 Moonshot Mega-GrantAnd, which has already reached $ 56 billion, was linked to the Dilayer courts over the past seven years after the judge EliminatePayment package – twice. Since then, Tesla has moved to Texas from Delaware, and the Board of Directors has approved regulations that require any investor who wants to challenge Musk’s salaries to obtain 3 % of Tesla shares. The amount equals about 3 billion dollars, which helps to vaccinate Tesla against frequent challenges of Musk’s salary plan. ”

Hearing

“If we can bridge the gap for nine major cases, this will create 27 million years of healthy life annually – or about three additional health days every year for every woman on this planet.”

-doctor. Anita Zaidi, Head of the Gender Equality Department at the Gates Foundation, is written in a luck Category Entitled “Why Investing in Women’s Health is a good thing to work.”