American Express Names Edward P. Gilligan President

Mon Apr 15, 2013 9:07am EDT

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NEW YORK--(Business Wire)--
American Express Company (NYSE: AXP) today announced the promotion of Edward P.
Gilligan to president, effective immediately. The company`s global consumer,
small business, merchant, network, risk and banking groups will continue to
report to him. 

Mr. Gilligan, 53, has served as vice chairman of American Express since 2007
when he was named head of a Business-to-Business group responsible for the
company`s relationships with merchants, corporations and bank partners globally.
He took on his current responsibilities in 2009. 

Mr. Gilligan, who joined the company in 1980, led several different American
Express businesses earlier in his career. In 1995, he was named business unit
president of Commercial Card and Business Travel for the United States. He was
named group president in 2002 and relocated to London, overseeing the
International Consumer Card business and the company`s global portfolio of
Payment and Travel Services for corporate clients. 

Mr. Gilligan continues to report to Kenneth I. Chenault, chairman and chief
executive officer. Also continuing to report to Mr. Chenault are Daniel H.
Schulman, group president, Enterprise Growth; Stephen J. Squeri, group
president, Global Services; and the executive officers who head the company`s
staff groups. 

"Today`s appointment recognizes the important role Ed has played over the last
four years in helping to lead our largest business group out of the recession
and gaining ground on the competition during a period of profound change in the
payments industry," said Mr. Chenault. "Under his leadership, we`ve brought the
global network and card groups closer together to enhance the way we deliver
value to cardmembers and build business for merchants. Ed has been leading a
successful drive to grow our share of online spending. He`s energized the
organization with a series of digital partnerships that reach customers through
a range of social media channels, and he`s expanded our international business
into new areas of loyalty marketing. 

"On behalf of all our colleagues throughout American Express, I want to
congratulate Ed on a well-deserved promotion and look forward to working with
him for many years to come." 

Mr. Gilligan is a graduate of New York University. He lives in New York with his
wife, Lisa, and their four children. 

About American Express

American Express is a global services company, providing customers with access
to products, insights and experiences that enrich lives and build business
success. Learn more at americanexpress.com and connect with us on
facebook.com/americanexpress, foursquare.com/americanexpress,
linkedin.com/companies/american-express, twitter.com/americanexpress, and
youtube.com/americanexpress. 

Key links to products and services: charge and credit cards, business credit
cards, travel services, gift cards, prepaid cards, merchant services, business
travel, and corporate card.

Media:
American Express Company
Marina H. Norville, +1-212-640-2832
marina.h.norville@aexp.com
or
Mike O`Neill, +1.212-640-5951
mike.o'neill@aexp.com

Copyright Business Wire 2013