AvidXchange Holdings, Inc. announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman will continue to oversee the transformation of the company's service and fulfillment operations around standardization, sourcing and automation. Additionally, Doug Anderson has joined AvidXchange, Inc. as Chief Product Officer to lead the company's product strategy and innovation. Feldman joined AvidXchange in 2019 as Senior Vice President of Operations.

Prior to joining the company, Feldman spent over three decades in the financial services industry with globally renowned institutions, including Bank of America and Capital One, transforming operational environments, leading effective cross-functional teams and driving innovation. With more than 20 years of experience, Anderson brings a wealth of expertise in product strategy, management, design, analytics and operations at scale. His product career spans across multiple domains including consumer, enterprise, multi-sided marketplaces, travel and real estate.

In his most recent position as Chief Product Officer at Pacaso, Andersons strategic vision and leadership were instrumental in developing an innovative and patented platform for second home ownership. Prior to that, at SAP Concur, he scaled product management, growing the team from seven to 150 global employees while simultaneously achieving 6X revenue growth. Both Feldman and Anderson will report to Dan Drees.

Feldman is based in Charlotte, North Carolina where AvidXchange is headquartered. Anderson is based in San Francisco, California.