Ameriprise Financial Elects Warren D. Knowlton to Board of Directors.MINNEAPOLIS -- Ameriprise Financial Ameriprise Financial, Inc. (NYSE: AMP) is a company offering financial advice and products. It is the successor to American Express Financial Advisors (AEFA), which was a subsidiary of the American Express Company. , Inc. (NYSE NYSE See: New York Stock Exchange :AMP) announced today that its board of directors elected Warren D. Knowlton to the board. Mr. Knowlton, 60, brings extensive financial, operational and management experience to the board. Until mid-2006, Mr. Knowlton served as chief executive officer of The Morgan Crucible Company plc, a leading U.K.-based materials company with global operations, while also serving on the company's board of directors. Prior to joining Morgan Crucible plc, Mr. Knowlton held senior leadership positions with Pilkington plc and Owens Corning in both the U.S. and in international markets. Mr. Knowlton has served as a director on the Smith & Nephew plc board since 2000, serving as chairman of the audit committee since 2001. "We are extremely pleased to welcome Warren to the board," said Jim Cracchiolo, chairman and chief executive officer. "His extensive experience leading international businesses as well as his high standards of professional corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. will further strengthen the quality and independence of the board." "I am excited by the opportunity to join such a strong board and help one of the leading financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and services companies evolve as an independent, public company," said Mr. Knowlton. Ameriprise Financial, Inc. is a leading financial planning and services company with more than 12,000 financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. The company's financial advisors deliver tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The company specializes in meeting the retirement-related financial needs of the mass affluent. Financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal and investments are available through Ameriprise Financial Services, Inc. Member NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, visit www.ameriprise.com. [c] 2006 Ameriprise Financial, Inc. All rights reserved. |
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