American Express Picks a President

American Express (NYSE: AXP  ) has promoted Edward P. Gilligan, vice chairman and head of a business-to-business group, to the position of president, effective immediately.

He will remain responsible for AmEx's global consumer, small business, merchant, network, risk and banking groups. CEO Kenneth I. Chenault credited Gilligan with "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."

Gilligan, 53, joined the company in 1980 and has been vice chairman since 2007. He will continue to report to Chenault.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2365683, ~/Articles/ArticleHandler.aspx, 9/29/2016 1:31:06 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,171.26 -167.98 -0.92%
S&P 500 2,153.00 -18.37 -0.85%
NASD 5,274.74 -43.81 -0.82%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 1:15 PM
AXP $63.48 Down -0.74 -1.15%
American Express CAPS Rating: ****