Aman Narang

Career

1. 2024 – now
   Toast, Inc.src
   Chief Executive Officer; director
   CEO since January 2024; director since January 2021 (also December 2011 to December 2015 and June 2017 to June 2018)
2. 2021 – 2023
   Toast, Inc.src
   Co-President and Chief Operating Officer
   COO June 2021 to December 2023, alongside the Co-President title; took the company public in September 2021 with Comparato as CEO
3. 2012 – 2021
   Toast, Inc.src
   Co-President
   Co-President from December 2012 (until December 2023)
4. 2011 – 2012
   Toast, Inc.src
   Co-Founder; director
   The founders' letter in the prospectus dates the start to 2011; board seat from December 2011. His title before the December 2012 Co-President appointment is not stated

Undated in the sources

• Endeca Technologies (acquired by Oracle in 2011)src, Product management; led the mobile business unit

Not located: Start date and length of the Endeca/Oracle product-management role not located; his title from founding (2011) to December 2012 not stated in any filing read

Achievements

• Co-founded Toast in 2011 with Steve Fredette and Jonathan Grimm, MIT alumni who had worked together at Endecasrc
• Co-President from December 2012 and COO from June 2021; became CEO on 2024-01-01 when Chris Comparato stepped downsrc
• Toast's GAAP net income went from a $246m loss in FY2023, the year before he became CEO, to $19m in FY2024 and $342m in FY2025src
• The 2026 proxy reports about 164,000 locations at end-2025 after a record 30,000 net additions, and entry into Australiasrc
• Took a $20,000 salary from the 2021 IPO through 2023; in 2025 asked the board for a smaller equity award, citing dilution, and got $10.0msrc

Education

• Massachusetts Institute of Technology, BS Computer Sciencesrc
• Massachusetts Institute of Technology, MS Computer Sciencesrc

Background

• Family Neither the 2026 proxy nor the 2021 IPO prospectus carries an Item 401(d) family-relationships statement for him; the 2026 related-party section lists no transaction beyond executive paysrc
• Founder One of three co-founders; with fellow co-founder and President Stephen Fredette he controls a large block of the 10-vote Class B stock (Narang 32.2% of Class B and 18.4% of voting power, Fredette 40.0% and 22.5%); the third co-founder, Jonathan Grimm, holds 18.0% of Class Bsrc
• Other Holds shares through the Narang Family Trust and in 2026 set up a charitable remainder trust (Starlight 2026) that received 300,000 converted Class B shares as an estate-planning giftsrc