WSJ MARKETS ALERT: American Express CEO Kenneth Chenault to Step Down
Stephen Squeri,’81 to replace him
I believe that Stephen is a member of the Class of 1981.
McEneney, Mike (MC1953)
[JR: Thanks, Mike. Much appreciated.]
Squeri, Stephen [MC1981]
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> From: “WSJ.com Editors”
> Date: October 18, 2017 at 4:36:43 PM EDT
> Subject: WSJ MARKETS ALERT: American Express CEO Kenneth Chenault to Step Down
> The Wall Street Journal Markets Alert
> American Express CEO Kenneth Chenault to Step Down
Kenneth Chenault, the head of American Express and one of the country’s most prominent African-American corporate leaders, will step down as chairman and chief executive Feb. 1, capping a 16-year run at the iconic card company as it grapples with a new wave of competition.
The 66-year-old executive will be succeeded as CEO by Stephen Squeri, a three-decade AmEx veteran who previously ran its division in charge of corporate cards.
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