---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-068074"
form_type: "8-K"
ticker: "GBTG"
cik: "0001820872"
company_name: "Global Business Travel Group, Inc."
filed_at: "2022-06-03T23:59:59+00:00"
generated_at: "2026-06-25T04:51:52.557543+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Global Business Travel Group completes SPAC merger, starts trading as GBTG

## Summary
- Business combination closed May 27, 2022; combined entity now Global Business Travel Group, Inc.
- Class A common stock and warrants trade on NYSE under GBTG and GBTG.WS.
- Sponsor received 20.3M shares; 12.3M vested immediately, 8.1M subject to $12.50/$15.00 price targets.
- Board set at 11 directors with nominees from Amex HoldCo, Juweel, Expedia, Sponsor and independents.
- 2022 Equity Incentive Plan approved with 47.87M shares reserved; director cap $750K per year.

## SEC filing metadata
- accession: 0001104659-22-068074
- form_type: 8-K
- ticker: GBTG
- cik: 0001820872
- company_name: Global Business Travel Group, Inc.
- filed_at: 2022-06-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 3.03, 5.03, 8.01, 5.01, 5.02, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/tm2216900d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-068074
- JSON: https://secwatch.observer/filing/0001104659-22-068074.json
- Plain text: https://secwatch.observer/filing/0001104659-22-068074.txt

## Key facts
- Executive change
  James P. Bush was appointed as Class II Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class II Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Eric Hart was appointed as Class I Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class I Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  James H. Simmons III departed as Director at Global Business Travel Group, Inc..
  - Action: ceased serving
  - Role: Director
  source text: Sanjay Patel, Scott Kleinman, Jennifer Fleiss, Mitch Garber and James H. Simmons III ceased serving on APSG’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Susan Ward was appointed as Class II Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class II Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Richard Petrino was appointed as Class II Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class II Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Scott Kleinman departed as Director at Global Business Travel Group, Inc..
  - Action: ceased serving
  - Role: Director
  source text: Sanjay Patel, Scott Kleinman, Jennifer Fleiss, Mitch Garber and James H. Simmons III ceased serving on APSG’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Mitch Garber departed as Director at Global Business Travel Group, Inc..
  - Action: ceased serving
  - Role: Director
  source text: Sanjay Patel, Scott Kleinman, Jennifer Fleiss, Mitch Garber and James H. Simmons III ceased serving on APSG’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Raymond Donald Joabar was appointed as Class III Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class III Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Christopher Van Vliet was appointed as Chief Accounting Officer at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: Effective as of the consummation of the Business Combination, Paul Abbot was appointed as PubCo’s Chief Executive Officer, Andrew George Crawley was appointed as PubCo’s Chief Commercial Officer, Martine Gerow was appointed as PubCo’s Chief Financial Officer and Christopher Van Vliet was appointed as PubCo’s Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Paul Abbott was appointed as Chief Executive Officer at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Effective as of the consummation of the Business Combination, Paul Abbot was appointed as PubCo’s Chief Executive Officer, Andrew George Crawley was appointed as PubCo’s Chief Commercial Officer, Martine Gerow was appointed as PubCo’s Chief Financial Officer and Christopher Van Vliet was appointed as PubCo’s Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Gloria Guevara Manzo was appointed as Class III Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class III Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Sanjay Patel departed as Director at Global Business Travel Group, Inc..
  - Action: ceased serving
  - Role: Director
  source text: Sanjay Patel, Scott Kleinman, Jennifer Fleiss, Mitch Garber and James H. Simmons III ceased serving on APSG’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Kathleen Winters was appointed as Class I Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class I Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Jennifer Fleiss departed as Director at Global Business Travel Group, Inc..
  - Action: ceased serving
  - Role: Director
  source text: Sanjay Patel, Scott Kleinman, Jennifer Fleiss, Mitch Garber and James H. Simmons III ceased serving on APSG’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Itai Wallach was appointed as Class III Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class III Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Mohammed Saif S.S. Al-Sowaidi was appointed as Class II Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class II Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Michael Gregory (Greg) O’Hara was appointed as Class III Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class III Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Martine Gerow was appointed as Chief Financial Officer at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Effective as of the consummation of the Business Combination, Paul Abbot was appointed as PubCo’s Chief Executive Officer, Andrew George Crawley was appointed as PubCo’s Chief Commercial Officer, Martine Gerow was appointed as PubCo’s Chief Financial Officer and Christopher Van Vliet was appointed as PubCo’s Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Paul Abbott was appointed as Class I Director at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Class I Director
  source text: Effective as of the consummation of the Business Combination, Paul Abbott, Eric Hart and Kathleen Winters were appointed as Class I directors, James P. Bush, Richard Petrino, Mohammed Saif S.S. Al-Sowaidi and Susan Ward were appointed as Class II directors and Gloria Guevara Manzo, Raymond Donald Joabar, Michael Gregory (Greg) O’Hara and Itai Wallach were appointed as Class III directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm
- Executive change
  Andrew George Crawley was appointed as Chief Commercial Officer at Global Business Travel Group, Inc..
  - Action: appointed
  - Role: Chief Commercial Officer
  source text: Effective as of the consummation of the Business Combination, Paul Abbot was appointed as PubCo’s Chief Executive Officer, Andrew George Crawley was appointed as PubCo’s Chief Commercial Officer, Martine Gerow was appointed as PubCo’s Chief Financial Officer and Christopher Van Vliet was appointed as PubCo’s Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820872/000110465922068074/0001104659-22-068074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.