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American Express Names Jeffrey Campbell Chief Financial Officer

Stocks in this article: AXP

American Express Company (NYSE: AXP) today announced the appointment of Jeffrey C. Campbell as executive vice president and chief financial officer. Mr. Campbell, 52, will lead the company’s Finance organization and represent American Express to investors, lenders and rating agencies. He will also become a member of the company’s Operating Committee.

Mr. Campbell will succeed Daniel T. Henry, 64, who as previously announced, will retire later this year after a distinguished 23-year career with American Express.

Mr. Campbell will join American Express next month as executive vice president, Finance. He will assume CFO duties in early August after the company completes its financial filings for the second quarter.

Mr. Campbell joins American Express from McKesson Corporation, where he was executive vice president and chief financial officer of the largest health care services company in the United States. He played a central role at McKesson as it grew and expanded its leadership in health care distribution and technology over the last decade. Mr. Campbell joined McKesson as CFO in 2003.

Before joining McKesson, Mr. Campbell served as chief financial officer of AMR Corporation and its subsidiary, American Airlines, where he helped the business successfully navigate significant financial challenges. He joined AMR in 1990 and progressed through a range of senior management roles, including head of European operations based in London for several years. He was named CFO in 2002.

“Jeff is among the most respected leaders in finance, with deep experience as the CFO of large organizations in complex industries. He knows how to generate shareholder value, facilitate growth, develop strong teams and build flexible financial models. His broad experience in addressing competitive and market challenges will also help us as we continue to invest in our growth initiatives to reach new customers and drive commerce,” said American Express Chairman and Chief Executive Officer Kenneth I. Chenault.

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