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MarketScreener Homepage  >  Equities  >  Nyse  >  American Express Company    AXP

AMERICAN EXPRESS COMPANY

(AXP)
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American Express : Names Mohammed Badi Chief Strategy Officer

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10/09/2018 | 01:45pm EDT

By Colin Kellaher

American Express Co. (AXP) on Tuesday said it named Mohammed Badi chief strategy officer, a newly created executive-committee level position, effective Oct. 29.

The New York credit-card company said Mr. Badi is currently senior partner, managing director and global leader of the payments practice and transaction banking at management-consulting firm Boston Consulting Group.

American Express said it created the new post to increase its focus on strategic planning and corporate development activities, which it plans to separate into two distinct groups.

Executive Vice President Lisa Marchese, who heads its corporate development and strategic planning group, will continue to report to Chief Financial Officer Jeff Campbell and retain responsibility for corporate development and the Amex Ventures team, the company said.

AmEx said its strategic planning team, headed by Jon Gantman, will now report to Mr. Badi.

Write to Colin Kellaher at colin.kellaher@wsj.com

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Financials ($)
Sales 2019 43 614 M
EBIT 2019 12 393 M
Net income 2019 6 656 M
Debt 2019 -
Yield 2019 1,33%
P/E ratio 2019 15,27
P/E ratio 2020 13,48
Capi. / Sales 2019 2,32x
Capi. / Sales 2020 2,15x
Capitalization 101 B
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 119 $
Spread / Average Target -1,3%
EPS Revisions
Managers
NameTitle
Stephen J. Squeri Chairman & Chief Executive Officer
Jeffrey C. Campbell Chief Financial Officer & Executive Vice President
Marc D. Gordon Chief Information Officer & Executive VP
Charlene Barshefsky Independent Director
Peter F. Chernin Independent Director
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