, /PRNewswire/ — Ivalua, a global leader in spend management, today announced that its founder, David Khuat-Duy, is assuming a newly created role of Chief AI Officer, passing the CEO position to Franck Lheureux, who has served in executive roles at Ivalua for the past 7 years, most recently as CRO. The shift in executive positions is intended to further accelerate the business impact of Generative AI within Ivalua and for its customers while ensuring continued rapid growth and customer satisfaction. David will continue to serve as Executive Chairman of Ivalua’s Board.
The advances in Generative AI have created tremendous opportunities for organizations to improve efficiency, decision-making and reduce costs. Ivalua has invested heavily in delivering innovative agentic AI capabilities embedded in its Source-to-Pay platform. Its unique approach ensures maximum security, usability and flexibility in defining and refining use cases. By focusing his efforts in this new role, David will be able to better …