AMERICAN EXPRESS COMPANY (NYSE:AXP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Express Company (the Company) elected John J. Brennan as a
director of the Company. Mr. Brennan will serve as a member
of the Audit and Compliance Committee and the Risk Committee.
A copy of the press release announcing the election of Mr.
Brennan is attached as Exhibit 99.1 to this Current Report on
Form 8-K.
employees and/or have equity interests in companies with whom
the Company had entered into ordinary course business
relationships prior to his election as a director of the
Company and with whom the Company may enter into additional
ordinary course relationships from time to time. These may
include ordinary course merchant relationships to which these
companies accept the Companys charge and credit card products
and pay the Company fees when their customers use these cards,
as well as use of the Companys cards and financial and other
products and services, including extensions of credit, on terms
and conditions similar to those available to other customers
generally. From time to time, the Company may enter into joint
marketing or other relationships with one or more of these
companies in the ordinary course that encourage their customers
to apply for and use the Companys cards. The Company may also
provide ordinary course Corporate Card, travel and other
payments services to some of these companies for which these
companies pay fees to the Company. The Company may also engage
in other commercial transactions with these companies and pay
or receive fees in those transactions.
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Exhibit
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Description
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99.1
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Press Release dated January 24, 2017, regarding the
election of John J. Brennan to the Companys Board of Directors. |
About AMERICAN EXPRESS COMPANY (NYSE:AXP)
American Express Company is a services company. The Company’s principal products and services are charge and credit payment card products, and travel-related services offered to consumers and businesses around the world. The Company’s segments include U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS). The USCS segment includes the U.S. Consumer Card Services business and travel services in the United States. The ICNS segment includes the International Consumer Card Services business, Global Network Services (GNS) business and travel services outside the United States. The GCS segment includes the Global Corporate Payments (GCP) business, small business services businesses in the United States and internationally, merchant financing products and foreign exchange services operations. The GMS segment includes the Global Merchant Services business and global loyalty coalition businesses. AMERICAN EXPRESS COMPANY (NYSE:AXP) Recent Trading Information
AMERICAN EXPRESS COMPANY (NYSE:AXP) closed its last trading session down -0.51 at 76.92 with 4,024,267 shares trading hands.
