Kenneth Chenault
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Amex Travel Sales, Card Billings Increase As Expenses Rise
… improving credit quality and payments from the settlement of litigation with MasterCard and Visa," Amex chairman and CEO Kenneth Chenault said in prepared remarks. "Now, with credit losses at historical lows and settlement payments ending in the second and …
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DOJ Sues Amex Over Card Merchant Incentives
… continue that effort and, if successful, allow merchants more freedom to benefit their customers." Amex chairman and CEO Kenneth Chenault claimed DOJ would give unfair advantage to Visa and MasterCard, which have lower merchant fees. Chenault in a memo to …
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Amex Seeks Prepaid Revolution Through Buy
… technologies that can extend our leadership beyond the traditional payments arena," American Express chairman and CEO Kenneth Chenault said in a statement. "We are committed to using our global brand recognition, marketing reach and network expertise …
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Gilligan Optimistic On Travel Return (With Web-Only Excerpts)
… internally at American Express, does the placement of the corporate payment and business travel into a direct line to Kenneth Chenault signal a different focus on these units going forward? Gilligan: No, I don't think so. We just reorganized and Anré …
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American Express Company said it agreed to acquire Web-based payments provider Revolution Money from Revolution LLC
… shareholder and chairman Ted Leonsis would become a "special advisor to American Express" and work with Amex chairman and CEO Ken Chenault "on overall digital and online payments strategy," according to the company. Revolution Money accounts are insured by …
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Amex Sees Corp. Card Volume Rise From Q2, But Travel Steady
… American Express' 2009 business travel sales have remained largely flat through the first three quarters, chairman and CEO Kenneth Chenault said there are "indications that spending by corporate cardmembers is beginning to pick up." American Express Global …
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Amex Leadership Shift Puts Chenault Closer To Travel
… month announced that its business travel and commercial card leaders now report directly to chairman and chief executive Kenneth Chenault . The move comes as company president Alfred Kelly Jr., who led the consumer and small business card divisions, announced …
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American Express cut the COO position in its business travel group and named Priyan Fernando EVP of a new firmwide global operations unit
… global heads of commercial card (Anre Williams) and travel (Charles Petruccelli) reporting directly to CEO and chairman Ken Chenault . Their former boss, vice chairman Ed Gilligan, has taken on consumer and small business responsibilities given up by departing …
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Amex Restructures Senior Management
… American Express today announced the leadership of both units now will report directly to chairman and chief executive Kenneth Chenault . The company also announced that president Alfred Kelly Jr., who led the consumer and small business card divisions …
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Amex To Cut 10% Of Workforce, CWT To Move Some Transaction Support To India
… in the wake of last week's quarterly earnings report, which showed a 24 percent drop in third-quarter profit. CEO Kenneth Chenault said then that the company would be launching significant expense reduction efforts this quarter ( BTNonline , Oct. 21 …
