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Los Angeles Times Names Phonexa’s Lilit Davtyan ‘CEO of the Year’ Award Winner

Press release: for immediate release

Nov 16, 2023

The Los Angeles Times has named Phonexa Chief Executive Officer Lilit Davtyan as the 2023 CEO of the Year in the midsize-large company category

The distinguished honor was announced at the 2023 Inspirational Women Forum and Leadership Awards hosted by LA Times B2B Publishing at The Beverly Hilton in Los Angeles on Wednesday, November 7.

The full-day event featured a series of dynamic panel discussions and culminated with a dinner and awards program recognizing accomplished female leaders from corporations and nonprofit organizations across Los Angeles County. 

"I’m so honored to receive this prestigious CEO of the Year award from the Los Angeles Times,” said Davtyan. “This recognition is a testament to the hard work and dedication of our entire global team at Phonexa. It's a reminder that success is a collective effort, and I'm grateful for the trust and support of our employees, partners, and customers. This award will motivate us to continue our pursuit of excellence and innovation across the performance marketing industry, and we remain committed to making a positive impact on our industry and the community."

Earlier in the day during the LA Times event, Davtyan moderated a panel titled “Innovation to Impact: Building a Stronger Future By Fostering a Culture of Empowerment” as experts shared how they've successfully advanced their careers within some of the most competitive industries and organizations in the world. 

The discussion featured a diverse collective of speakers, including Christine Duque, Global Partner, Customer Transformation, IBM; Melissa McGuire, Director, Google Cloud Enterprise, Google; Jen Wei, Vice President, Communications and Corporate Development, Belkin; career strategist and executive coach Jill Griffin. 


This honor from the Los Angeles Times continues an impressive 2023 for Davtyan.

In November, Davtyan was named a finalist for the “The 2023 Tech Trailblazers Awards” in the Female CxO Trailblazer category. The Tech Trailblazers Awards is an independent UK-based global awards program dedicated to the enterprise technology startup ecosystem and is now in its 12th edition. 

Earlier this year, Davtyan was recognized as one of the esteemed honorees for the 2024 Women of Impact Awards by Women Impact Tech. The Top 50 Women of Impact acknowledges remarkable women who have exerted substantial influence within the tech industry, thus paving the way for more women to pursue careers in this field. She also participated in the “Women In Leadership: How to Succeed & Pave it Forward” panel and served as a keynote speaker at the Women Impact Tech Conference in San Francisco.

The latest recognition comes on the heels of a busy 2022 for the seasoned executive, which was marked by an impressive streak of accomplishments. 

Davtyan was named a nominee for the Los Angeles Business Journal's Women's Leadership Awards and a finalist for the San Fernando Valley Journal's 2022 Women's Leadership Awards. She was also named one of the Top 100 Accountants in Los Angeles by the LABJ.

Previously serving as Phonexa's CFO, Davtyan possesses a unique background as a CPA, demonstrated by her journey to assume the role of CEO at Phonexa in 2021. 

Davtyan has transcended the confines of traditional accounting, illustrating that CPAs are not limited to a single career path. Her professional trajectory has been marked by a progressively diverse collection of prestigious recognitions and awards from highly regarded publications and organizations.

Over the past three years, Davtyan earned the title of "CFO of the Year" from LABJ in 2020, received a subsequent nomination for the same award in 2021, and garnered another nomination for the CFO Leadership Award from the Los Angeles Times. She also secured the Gold Winner accolade in the "Woman Leadership of the Year" category at the TITAN Business Awards and was honored as "Executive of the Year" at LABJ's Women's Leadership Series & Awards in 2021.

In her current capacity as CEO, Davtyan directs Phonexa's overarching growth strategies, forging valuable partnerships with enterprise companies. Beyond her CEO role, her track record of success extends to her contributions and active membership in reputable groups like the Forbes Business Council and CHIEF, a private network dedicated to empowering female leaders.

Before obtaining her CPA license, Davtyan earned her B.B.A. from Woodbury University and her Master of Business Taxation from the Marshall School of Business at the University of Southern California.

For more information about Davtyan, connect with her on LinkedIn.