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Posted 06 June, 2023

CXApp Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:CXAI in a 8-K filed on 06 June, 2023.


  The Board of Directors of the Company approved, effective as of June 5, 2023, the appointment of Khurram P. Sheikh, the current Chief Executive Officer, as Interim Chief Financial Officer of the Company.  

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Overview of CXApp Inc.
Business/Consumer Services • Shell companies
CXApp, Inc. engages in the provision of workplace experience solutions. Its solutions are used in workplace experience, employee engagement, desk and meeting room reservations, workplace analytics, occupancy management, content delivery, corporate communications and notifications, event management, live indoor mapping, and wayfinding and navigation. The company was founded on September 19, 2022 and is headquartered in Palo Alto, CA.
Market Cap
$38.8M
View Company Details
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Departure of Chief Financial Officer and Appointment of Interim Chief Financial Officer


On May 31, 2023, Michael Angel provided formal notice of his resignation as Chief Financial Officer of CXApp Inc. (the "Company"). Effective June 5, 2023, Mr. Angel's tenure as Chief Financial Officer concluded, and his employment with the Company will cease to be in an executive capacity. Mr. Angel will continue to remain employed as a non-executive employee of the Company until June 30, 2023.


Mr. Angel's resignation was for personal reasons and not a result of a disagreement relating to the Company's operations, policies or practices.


The Board of Directors of the Company approved, effective as of June 5, 2023, the appointment of Khurram P. Sheikh, the current Chief Executive Officer, as Interim Chief Financial Officer of the Company.


The Company has initiated the process of identifying a qualified individual to assume the role of Chief Financial Officer and is actively seeking a suitable candidate to fill the vacancy.


Appointment of Chief Technology Officer


Effective June 6, 2023, Naresh Soni was appointed to serve as Chief Technology Officer of the Company. Prior to joining the Company, Mr. Soni has been involved in ground-breaking artificial intelligence (AI) and augmented reality (AR) innovations across the technology sector with leading technology companies like Nokia, AT&T Bell Labs and IBM, and also held the position of Chief Technology Officer of Interdigital, Inc. Mr. Soni holds a Master of Science in Electrical and Computer Engineering from the University of Texas, Austin and has completed the executive management program on innovation from the MIT Sloan School of Management.