AMERICAN EXPRESS COMPANY (NYSE:AXP) Files An 8-K Submission of Matters to a Vote of Security Holders

AMERICAN EXPRESS COMPANY (NYSE:AXP) Files An 8-K Submission of Matters to a Vote of Security Holders

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Item 5.07 Submission of Matters to a Vote of Security Holders

(a)
The annual meeting of the shareholders of American Express
Company (the “Company”) was held on May 1, 2017. A quorum was
present at the meeting as required by the Companys By-laws. The
matters that were voted upon at the meeting, and the number of
votes cast for or against, as well as the number of abstentions
and broker non-votes, as to each such matter, where applicable,
are set forth below.
Abstentions and broker non-votes were counted for purposes of
determining whether a quorum was present but were not counted as
votes cast on any matter. For matters 2, 3, 5 and 6, the
percentages for and against each matter reflect all of the votes
cast.
(b)
1. Election of Directors.
VOTES FOR
VOTES AGAINST
ABSTENTIONS
BROKER NON-VOTES
Charlene Barshefsky
712,761,298
10,276,072
1,460,258
81,492,976
John Brennan 715,839,629 8,034,869 623,130
81,492,976
Ursula Burns
701,758,663
21,938,459
800,506
81,492,976
Kenneth Chenault
680,723,959
39,432,794
4,340,875
81,492,976
Peter Chernin
694,697,934
28,950,400
849,294
81,492,976
Ralph de la Vega
715,757,076
8,132,787
607,765
81,492,976
Anne Lauvergeon
710,957,980
12,967,437
572,211
81,492,976
Michael Leavitt
713,145,185
10,773,651
578,792
81,492,976
Theodore Leonsis
714,649,076
8,994,126
854,426
81,492,976
Richard Levin
714,495,475
9,392,958
609,195
81,492,976
Samuel Palmisano
702,600,649
21,353,002
543,977
81,492,976
Daniel Vasella
713,972,360
9,920,974
604,294
81,492,976
Robert Walter
690,520,415
31,456,356
2,520,857
81,492,976
Ronald Williams
698,455,192
25,180,000
862,436
81,492,976
All 14 of the Companys nominees for director received over a
majority of votes cast.
-2-
2. Votes regarding ratification of appointment of
PricewaterhouseCoopers LLP as the Companys independent registered
public accounting firm for 2017 were as follows:
VOTES FOR
VOTES AGAINST
ABSTENTIONS
% FOR
% AGAINST
BROKER NON-VOTES
788,043,017
17,416,648
530,939
97.84%
2.16%
-0-
3. Votes on an advisory resolution to approve executive
compensation were as follows:
VOTES FOR
VOTES AGAINST
ABSTENTIONS
% FOR
% AGAINST
BROKER NON-VOTES
524,854,221
193,550,074
6,093,333
73.06%
26.94%
81,492,976
4. Votes on an advisory resolution to approve the frequency of
future advisory votes on executive compensation were as follows:
1 YEAR
2 YEARS
3 YEARS
ABSTENTIONS
BROKER NON-VOTES
678,632,915
1,057,391
44,021,719
785,603
81,492,976
5. Votes on a shareholder proposal seeking shareholder action
by written consent were as follows:
VOTES FOR
VOTES AGAINST
ABSTENTIONS
% FOR
% AGAINST
BROKER NON-VOTES
278,804,500
444,199,668
1,493,460
38.56%
61.44%
81,492,976
6. Votes on a shareholder proposal to require gender pay equity
disclosure were as follows:
VOTES FOR
VOTES AGAINST
ABSTENTIONS
% FOR
% AGAINST
BROKER NON-VOTES
82,247,190
623,072,947
19,177,491
11.66%
88.34%
81,492,976
(d)
Disclosure Regarding Frequency of Shareholder Advisory Vote on
Executive Compensation:
A majority of the votes cast by shareholders voted, on an
advisory basis, to hold an advisory vote to approve executive
compensation every year. In line with this recommendation by
our shareholders, the Board of Directors has decided that it
will include an advisory shareholder vote on executive
compensation in its proxy materials every year until the next
advisory vote on the frequency of shareholder votes on
executive compensation, which will occur no later than our
Annual Meeting of Shareholders in 2023.
-3-


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 up +0.37 at 79.60 with 3,458,137 shares trading hands.

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