Kenneth Chenault

AmEx CEO: ‘The Central Issue Is Uncertainty’ « Glick Report

Glick Report

… and I can't wait to share with you what we discussed. (Expect lots of blog posts to follow!) American Express CEO Kenneth Chenault was kind enough to share his thoughts on everything from economic recovery to credit-card practices. What he emphasized …

Blog|11/17/2009

AmEx CEO: Reported Billing Rose 3% in October

FOXBusiness| Markets

… FOXBusiness American Express (AXP) chairman and chief executive, Kenneth Chenault said Tuesday that spending on credit cards increased in October, compared to September, calling billing in October “the best we …

Story|11/10/2009

AmEx Beats Street; Profit, Revenue Fall

By Kathryn Glass| FOXBusiness| Markets

… up. "Our three priorities remain: staying liquid, staying profitable and investing selectively for growth,” said Kenneth I . Chenault , chairman and chief executive officer in a statement. “However, in anticipation of sequential improvement in our …

Story|10/22/2009

American Express President to Leave

By Darryl R. Isherwood| FOXBusiness| Markets

… has been with the firm since 1987, and served as president for the past two years. In a statement American Express CEO Kenneth Chenault said he and Kelly had discussed Kelly’s desire to one day run a company as chief executive. “Given my own plans for the …

Story|10/05/2009

AmEx President Kelly To Leave Company Next Year

By Wallace Witkowski| MarketWatch Pulse| Markets

… for the organization, Al made clear to me that he wanted the opportunity to run a company as chief executive," said Kenneth Chenault , chairman and chief executive, in a statement. "Given my own plans for the coming years, we both agreed that was not …

Story|10/05/2009

Report: AmEx to Roll Back Cuts to Compensation

FOXBusiness| Markets

… company received a $3.4 billion bailout from Treasury, according to reports. The company told employees in a memo from Kenneth Chenault , chief executive officer for AmEx, that it plans to reinstate its annual raises and will resume its contributions to …

Story|09/24/2009

AmEx Net Sinks 48%; Shares Slide After-Hours

By Matt Egan| FOXBusiness| Markets

… priorities by staying liquid, staying profitable and investing selectively in key business initiatives this quarter," CEO Kenneth Chenault said in a statement. He noted "continued weakness in cardmember spending and historically high levels of loan losses …

Story|07/23/2009

AmEx Charges Ahead After-Hours on 1Q Results

By Matt Egan| FOXBusiness| Markets

… flexibility in adapting to a very difficult economic environment and the diversity of our business model,” AmEx CEO Kenneth Chenault said in a statement. AmEx said its net income fell to $361 million, or 31 cents per share, down from $985 million, or …

Story|04/23/2009

Obama Defends Budget, Reiterates Belief in Free Markets

By Matt Egan| FOXBusiness| Markets

… Dimon, IBM (IBM) CEO Samuel Palmisano, General Motors (GM) CEO Richard Wagoner, and American Express (AXP) chief Kenneth Chenault . Obama's comments come amid the worst recession in at least a generation. More than 4.4 million Americans have lost their jobs …

Story|03/12/2009