An initial public offering (IPO) moves fast, and much of it is handled by bankers, lawyers and others who do it for a living. For Erika White, chief marketing officer at Navan, the risk for a CMO is getting so caught up in the checklist that marketing misses its chance to make the moment count. Having been through IPOs at Affirm and Navan, she uses the moment to set the company apart, treating it as a signal of staying power to enterprise customers, who buy on reputation.

White explains why she expects every marketer to know the business metrics in the company's S-1 filing and earnings reports, and why any marketing activity that can't be tied to one of them needs a conversation. She also discusses why a public company's marketing team needs both early employees who believed in the mission and people who have operated at scale, and why close partnership with the founder matters when positioning is effectively "on file forever."

Plus, how she defends experimentation once budgets face more scrutiny and her advice for CMOs heading toward an IPO: learn the company's story and love it, because they'll be telling it a lot.

Dig deeper:

~The strategic branding lesson hidden inside SpaceX's IPO

~Performance marketing vs. brand-building—how the best brands weave them together

~The Ad Age CMO Survival Guide

Companies facing a major technology shift don't need to be scared into it or buried in product specs, says Ada Agrait, SAP's global chief marketing officer. They need a partner that will see them through the transformation. And even when a sale runs through a buying committee, marketers are still selling to people. Agrait says SAP's own customers have moved past fear about AI and are asking which partners can help them transform, and she explains how that insight shaped SAP's recent campaigns with BBDO New York.

She also breaks down how SAP is adapting to AI-driven search. That includes answer engine optimization (AEO), generative engine optimization (GEO), Google AI Overviews and AI Mode, and a pilot of advertising in ChatGPT. For CMOs who feel out of their depth on AI, her advice starts with the data layer. Of roughly 100 AI pilots SAP's marketing team has run, about 40 have worked.

Agrait also explains why mid-size companies want enterprise-grade solutions and why SAP's 50-plus years of running finance, HR and supply chain processes is an asset rather than baggage. Drawing on 17 years at Microsoft, she shares how she brought a consumer marketing mindset to business-to-business marketing, including humor, clear value propositions and treating customers like humans.

Dig deeper:

~How CMOs are building AI-ready teams without burning out Gen Z

~How CMOs should navigate AI opportunities and risks

~Raja Rajamannar on why CMOs must become enterprise growth leaders

~Meet 13 B2B creators brands are betting on in 2026

~7 standout B2B campaigns from 2025 that prove the space doesn't have to be stodgy

Firehouse Subs is the fourth-largest sub chain in North America, competing against rivals with bigger media budgets and a larger share of voice. Its guests visit for occasions rather than out of habit, anywhere from once a month to three times a year. For Carolina Berti, chief marketing officer for the U.S. and Canada, growth means more visits, not bigger checks.

Berti explains how the 1,500-unit chain pairs linear TV for awareness in newer markets with a heavier bet on social media. Its core guests are families and sports fans 35 and older, but Gen Z already makes up about 9% of customers, a share she wants to grow. As Firehouse plans to add more than 100 stores a year, local marketing teams work with franchisees to build demand before each opening. She also describes drawing on the media, technology and purchasing scale of parent company Restaurant Brands International while resisting a one-size-fits-all corporate playbook.

Berti discusses why Firehouse picked Camp+King as its new creative agency and how its first national partnership, with Major League Baseball, combines national awareness with a youth program that brings the brand into local communities. She also shares how revamping the steak and cheese melt brought guests back more often and why a firefighter heritage, backed by more than $112 million in foundation donations to first responders, gives Firehouse something bigger rivals can't copy.