Zapata Computing Welcomes Sumit Kapur as CFO, Effective May 20, 2024, Succeeding Mimi Flanagan, Who is Leaving the Company for Personal Reasons
Portfolio Pulse from Benzinga Newsdesk
Zapata Computing Holdings Inc. (NASDAQ:ZPTA), an Industrial Generative AI company, announced Sumit Kapur as the new CFO effective May 20, 2024. Kapur, with a background in AI, investment banking, and scaling businesses, is expected to support Zapata AI's expansion across various industries. He succeeds Mimi Flanagan, who is leaving for personal reasons. Kapur's previous role was CFO at 3Degrees, where he significantly scaled the business.
May 13, 2024 | 8:17 am
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Sumit Kapur's appointment as CFO of Zapata Computing is expected to leverage his extensive experience in AI, investment banking, and business scaling to drive the company's growth and expansion across new industries.
Sumit Kapur's proven track record in scaling businesses and his expertise in AI and finance are likely to be viewed positively by investors, potentially leading to increased investor confidence and a positive impact on ZPTA's stock price in the short term.
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