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

ME Staff 8-k

8 years ago

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

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.