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American Express Announces Organization and Leadership Changes.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
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n. 1. Voice; speech; language.
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 J. Squeri, executive vice president and chief information officer.)

The corrected release reads:

AMERICAN EXPRESS American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  ANNOUNCES ORGANIZATION AND LEADERSHIP CHANGES

American Express Company Chairman and Chief Executive Officer Kenneth I Kenneth I (Kenneth mac Alpin), d. 858, traditional founder of the kingdom of Scotland. He succeeded his father, Alpin, as king of Dalriada (the kingdom of the Gaelic Scots in W Scotland) and c. . Chenault Chenault or Chennault is a surname, and may refer to:
  • Kenneth Chenault, chairman of American Express
  • Claire Lee Chennault, US military aviator, leader of the Flying Tigers

This page or section lists people with the surname Chenault.
 today announced management changes to reflect a reorganization of the company into two distinct customer-focused groups.

Effective July 1, these two new businesses will be headed by:

* Alfred F. Kelly, Jr., who is promoted to president of American Express Company. He will head the Global Consumer Group.

* Edward P. Gilligan, who is promoted to vice chairman of American Express Company. He will head the Global Business-to-Business Group.

Mr. Kelly and Mr. Gilligan will report to Mr. Chenault.

Mr. Kelly's new position includes worldwide responsibility for the consumer card business, the customer service network, small business, the pre-paid business, consumer travel, and risk, information management and banking. Mr. Kelly previously served as Group President, Consumer, Small Business and Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or . He joined the American Express Strategic Planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.  department in 1987, was named a vice president of Technologies in 1988 and has held a series of increasingly senior positions at the company since then.

Mr. Gilligan's new position includes worldwide responsibility for the merchant business, the network services business, the commercial card business, business travel and international banking. He previously served as Group President, American Express International and Global Corporate Services Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners. . He joined American Express in 1980 in Finance and has held a number of key positions in the Travel, Corporate Services and Card businesses.

Also, as part of this new organization structure, Judson C. Linville is promoted to president and chief executive officer of the U.S. Consumer business. He will report to Mr. Kelly. In addition to continuing as head of the Consumer Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card.  Group, Mr. Linville will also be responsible for the U.S Service Delivery Network, the U.S. Consumer Travel Network and the Travelers Cheque and Pre-paid Services Group. Mr. Linville joined American Express in 1989 and has since held a diverse set of roles including marketing and general management positions in Corporate Services, Service Delivery and Consumer Card.

"Over the past several years, American Express has delivered industry-leading growth by focusing on the global payments marketplace. We have invested in innovative new products and capabilities that have helped us to gain share in a highly competitive marketplace," said Mr. Chenault. "We believe that organizing our business around customer-focused groups will better position us for growth and broaden our executive leadership team."

The Company also announced an Operating Committee that will be responsible for developing the company's strategic direction and policies. Messrs. Chenault, Kelly, Gilligan, and Linville will serve as members of the committee. Other members are: L. Kevin Cox, executive vice president, Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , Ashwini Gupta, chief risk officer and president of Risk, Information Management and Banking, Daniel T. Henry, executive vice president and acting chief financial officer, Louise M. Parent, executive vice president and general counsel, and Stephen J. Squeri, executive vice president and chief information officer. The Operating Committee replaces the Global Leadership Team.

The following management changes were also announced today.

William H. Glenn was named president of the Global Establishment Services Group, reporting to Mr. Gilligan. He has worldwide responsibility for building the merchant network that serves both the proprietary business and network issuing partners.

Douglas E. Buckminster was named president, International Consumer Business, reporting to Mr. Kelly. He is responsible for the international consumer card, lending, insurance and product marketing functions.

American Express Company (www.americanexpress.com) is a leading global payments, network and travel company founded in 1850.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 2007
Words:615
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