Please ensure Javascript is enabled for purposes of website accessibility

American Express Picks a President

By Rich Smith - Apr 16, 2013 at 10:35AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Vice Chairman Edward Gilligan promoted.

American Express (AXP 3.12%) 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.

link

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

American Express Company Stock Quote
American Express Company
AXP
$161.31 (3.12%) $4.88

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
338%
 
S&P 500 Returns
119%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/17/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.