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AvidXchange CEO, Michael Praeger, Named One of Charlotte’s 2022 “Most Admired CEOs” By Charlotte Business Journal

May 11, 2022
Most Admired CEO Awards

AvidXchange announced today that Chief Executive Officer (CEO) & Co-Founder, Michael “Mike” Praeger, was selected for Charlotte Business Journal’s “2022 Most Admired CEO” award. These awards recognize established local leaders who have a strong vision for their companies, have shown commitment to culture in the workplace and made significant contributions to the Charlotte community.

Mike is the Co-Founder and CEO of AvidXchange, and since starting the company more than 20 years ago, he has led its growth to more than 1,600 employees, 8,000+ customers and more than 825,000 suppliers nationwide. Additionally, he led the company through it’s initial public company, listing AvidXchange on Nasdaq on October 13, 2021.

Before establishing AvidXchange, Mike co-founded PlanetResume.com, a technology career enhancement and recruiting site that successfully completed its merger with CareerShop.com in November 1999. Prior to that, he co-founded and served as CEO of InfoLink Partners, a software company specializing in automating the tax billing and collection functions for municipalities. Mike also served as an associate with Summit Partners, a Boston-based venture capital and buyout partnership with more than $1 billion under management.

Nominations were open to the public December 2021 – April 2022, and came from members of the business community, within the honorees’ organizations and externally; and all honorees were selected by Charlotte Business Journal’s editorial team.

Mike and other honorees will be featured in a special report in the June 17th issue of the Charlotte Business Journal. To find out more about the award, click here.

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