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Navid Veiseh
Chief Financial Officer at Heyday / ex-Amazon Leader (16 years) / Board Member
Professional Background
Navid Veiseh is a results-driven and team-oriented senior executive recognized for his outstanding contributions to some of the world’s most visionary organizations. With a remarkable track record, he has successfully delivered strong financial performance while leading large businesses worth over $10 billion, managing extensive teams consisting of more than 3,000 professionals spread across numerous geographies. Throughout his career, Navid has demonstrated unparalleled expertise in launching and scaling new ventures, significantly contributing to the establishment of businesses generating over $1 billion in revenue.
Navid's professional journey has equipped him with deep insights into various sectors, allowing him to navigate the complexities of both technical and non-technical domains. His profound strengths lie in business strategy, platform development, large-scale system integration—including mergers and acquisitions (M&A)—change management, process re-engineering, and effective problem-solving. One of his key attributes is his agility in adapting to shifting market conditions and evolving business needs, ensuring that the organizations he leads can thrive amidst challenges.
Education and Achievements
Navid Veiseh holds a strong academic foundation that has contributed to his executive success. He studied at the esteemed Albers School of Business and Economics at Seattle University, as well as the University of Washington, where he honed his skills in business management, finance, and strategic planning. His educational background provided him with a solid framework for understanding core business principles, which he has expertly applied in various high-stakes environments.
Throughout his career, Navid has taken on vital leadership roles, proving himself to be an exceptional strategist and leader. Notably, he has served as the Chief Financial Officer at Heyday, where he steered the financial strategy and contributed to the company's growth trajectory. Furthermore, he has held influential positions on various boards, including serving as a member of the Board of Directors and strategist at Sequitur Labs Inc., as well as being a board advisor at Pipe 17 and Officium Labs. His deep involvement in strategic consulting through Veiseh Consulting LLC showcases his versatility and commitment to guiding organizations toward achieving their goals.
Leadership and Team Building
Navid has built and led high-performing teams by fostering an environment that encourages innovation and initiative among team members. By leading by example, he actively engages and motivates his teams while cultivating a sense of teamwork and accountability. His keen focus on developing future leaders has resulted in numerous successful professionals in the industry, as he provides them with the guidance and tools needed to excel.
His ability to connect vision, strategy, and operational plans has proven instrumental, especially during periods of rapid growth. By leading cultural change—crucial for achieving success—Navid emphasizes the importance of effective communication and shared purpose among all stakeholders.
Delivering Results
What sets Navid apart is his unwavering commitment to driving results. He utilizes effective questioning and active listening techniques to ensure comprehensive understanding among his teams and stakeholders. With his strong persuasive skills, he articulates a clear vision for the organization, influencing key stakeholders to secure commitment and collaboration across the board.
Under his leadership, businesses have not only met but often surpassed their financial performance objectives. He has a unique ability to deliver strong performance even amid unprecedented growth, consistently aligning internal systems with market demands and ensuring operational efficiency.
Core Competencies
Navid possesses a wide array of core competencies that enhance his capacity to deliver exceptional results in his roles. These competencies include strategic planning and execution, global eCommerce fluency, leadership development, and an entrepreneurial mindset that encompasses both B2C and B2B expertise. He is dedicated to business expansion and transformation, emphasizing talent acquisition and team building to foster a customer-focused culture.
His experience spans data-driven process and product development, long-range planning, capacity planning, and the creation of annual operating plans and budgets. Navid excels in financial management, unit economics, and operations finance, showcasing his capabilities in cost reduction and process optimization. He has also demonstrated expertise in contracts, deal structuring, negotiations, relationship management, audits, regulatory compliance, and fundraising.
Navid's capability in managing P&L, balance sheet, and cash flow further underscores his financial expertise, complemented by his prowess in developing finance and operations infrastructures that pave the way for sustained growth and innovation. His extensive industry experience makes him a valuable asset in any executive position, as he embodies the best practices and benchmarks necessary for success.
Moving Forward
As Navid continues his journey in the dynamic world of business, he remains dedicated to leveraging his vast experience to drive innovation and progress. His focus on nurturing talent, fostering strategic growth, and navigating complex organizational challenges will undoubtedly lead him to new heights of achievement within the corporate landscape. With an impressive background and a commitment to excellence, Navid Veiseh stands as an inspiring figure in the realm of business leadership.