AmEx names former SEC chairman to board
Jay Clayton served as SEC chair from May 2017 to December 2020
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American Express Co said on Thursday Jay Clayton, former chairman of the U.S. Securities and Exchange Commission, has been elected to its board of directors, effective Oct. 5.
Clayton spent over 20 years as a partner at Sullivan & Cromwell LLP before he became the 32nd chairman of the SEC in 2017. He currently serves as a senior policy adviser and counsel at the New York-based law firm.
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U.S. Securities and Exchange Commission Chairman Jay Clayton, testifies before a House Committee on Financial Services hearing entitled "Capital Markets and Emergency Lending in the COVID-19 Era" in the Rayburn House Office Building on Capitol Hill in Washington, U.S., June 25, 2020.
Smartphone with American Express logo is placed near toy shopping cart in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration
FILE: The logo of American Express (AXP) is seen in Los Angeles, California, United States, on April 25, 2016.
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He also serves as non-executive chairman of Apollo Global Management Inc's board and a member of the Federal Deposit Insurance Corp's Systemic Resolution Advisory Committee.
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