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Paul Abbott

Paul Abbott

Chief Executive Officer of Amex GBT

Appears in 1 story

Notable Quotes

In partnership with Long Lake, Amex GBT will continue to invest heavily in these capabilities and continue to set the gold standard for customer excellence.

Stories

AI holding companies buy their way into corporate services

Money Moves

Continuing as CEO under Long Lake ownership

Two years ago, Long Lake was buying suburban homeowners-association managers. On May 4, 2026, Long Lake agreed to take American Express Global Business Travel private for $6.3 billion, paying a 60% premium. The deal acquires the world's largest corporate travel platform as part of a new venture-backed strategy that uses AI software to absorb traditional service companies.

Updated May 31