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American Express Global Business Travel Announces Executive Appointments

Stocks in this article: AXP

Following the announcement that the joint venture for American Express Global Business Travel (“GBT” or “the Company”) has been completed, today the Company announced new members of its executive team. In addition to the previous appointments of Greg O’Hara as Chairman of the Board and Bill Glenn as President and Chief Executive Officer, the Company has named Pat Bourke as Chief Administrative Officer, Norma Corio as Chief Financial Officer, and JoAnne Kruse as Chief Human Resources Officer.

“I am delighted to welcome Pat, Norma, and JoAnne to GBT during this exciting period of transformation,” said Bill Glenn. “Together with our existing world-class management team, they will play crucial roles in developing our plans to deliver exceptional value to our customers and partners. With our brand heritage, global network, and strong capabilities honed over decades of connecting the world through travel, GBT is a leader in our industry. That is a privilege and a responsibility we take very seriously. But our industry, like others, must evolve along with the consumerization and globalization of modern commerce. Whether it’s mobile functionality, dynamic apps or simply easier and faster ways to do business, American Express Global Business Travel now has the resources to further innovate and change the way that business travel operates.

“With the creation of the joint venture and the infusion of $900 million of capital from our investors, we now have even greater resources that the marketplace requires to not only stay ahead of the curve, but to create the curve. For American Express Global Business Travel, technology is an area of investment, expertise and innovation, meeting the needs of the traveler and also offering control and transparency to the travel manager or meeting professional. Our immense data repository will deliver even greater value to our customers and partners. With our expanding footprint worldwide and new capabilities, we will continue to offer clients global reach complemented by local expertise. In short, we believe that we now have a formula like no other.”

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