Reed & Mackay CEO Fred Stratford will retire in October after 13 years with the company. He will be replaced by Nina Herold.
Herold, currently Chief Operating Officer of parent company Navan, will join Reed & Mackay at the beginning of August, before officially assuming the role of CEO on October 1.
“I am honoured to take on this role at such a pivotal moment in Reed & Mackay’s journey,” she said.
“I have greatly enjoyed getting to know Fred and his leadership team since the acquisition, and look forward to working closely with the entire team as we aim to drive value for our clients. Moving forward, I am confident we will continue to build on Reed & Mackay’s legacy of providing exceptional service, while providing enhanced technology that exceeds client expectations.”
Ariel Cohen, CEO and co-founder of Navan, said: “On behalf of the entire company, I want to extend our extreme gratitude to Fred Stratford for his exceptional leadership over his tenure as CEO.
“I am confident that Nina is the right person to lead Reed & Mackay into the next phase of their growth journey. Nina is a proven leader and well-positioned to deliver on the significant benefits that come from combining Reed & Mackay’s first-class service with Navan’s industry-leading tech. We wish Fred the best as he enters his well-earned retirement, and I look forward to supporting Nina as she steps into her new role.”
Stratford echoed the confidence in his successor.
“Having worked alongside Nina for the last four years, I am confident in the value that she will bring to Reed & Mackay and delighted to hand over the reins to her for the next phase of the journey,” he said.
