American Express Elects Jay Clayton to Board of Directors
October 06 2022 - 08:00AM
Business Wire
American Express Company (NYSE: AXP) today announced that Walter
Joseph “Jay” Clayton has been elected to its Board of Directors,
effective October 5, 2022. Mr. Clayton served as the Chairman of
the U.S. Securities and Exchange Commission (SEC) between 2017 and
2020 and is currently a Senior Policy Advisor and Of Counsel at
Sullivan & Cromwell LLP.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221006005157/en/
Jay Clayton (Photo: Business Wire)
“Jay’s deep regulatory and legal expertise and knowledge in
financial markets, along with his extensive experience advising
organizations on corporate governance matters, will make him a
tremendous asset to our Board,” said Stephen J. Squeri, Chairman
and Chief Executive Officer of American Express. “I look forward to
benefiting from his valuable perspective on our Board as we execute
against the company’s growth plan.”
As the 32nd Chairman of the SEC, Mr. Clayton focused on
modernizing the regulation and oversight of financial markets to
enhance transparency for individual investors and access to capital
for businesses, and adapting to advances in technology. During his
tenure as Chairman, he also was a member of the President’s Working
Group on Financial Markets, the Financial Stability Board, the
International Organization of Securities Commissions, and the
Financial Stability Oversight Council.
Prior to his government service, Mr. Clayton spent over 20 years
at Sullivan & Cromwell, where he was a member of the management
committee, co-managing partner of the General Practice Group, and
co-head of the Cybersecurity Group. He specialized in mergers and
acquisitions, capital markets offerings, and other transactions,
while also serving as an adviser to numerous companies on legal and
regulatory matters. He rejoined the firm in 2021 in his current
role as Senior Policy Advisor and Of Counsel and is focused on
advising corporations and public institutions on governance,
markets, and regulatory matters.
Mr. Clayton also serves as Non-Executive Chairman of the Board
of Directors of Apollo Global Management Inc. He also is a member
of the Federal Deposit Insurance Corp.’s Systemic Resolution
Advisory Committee.
Mr. Clayton received a B.S. in engineering from the University
of Pennsylvania, a B.A. and M.A. in Economics from the University
of Cambridge, and a J.D. from the University of Pennsylvania Law
School.
ABOUT AMERICAN EXPRESS American Express is a globally
integrated payments company, providing customers with access to
products, insights and experiences that enrich lives and build
business success. Learn more at americanexpress.com and connect
with us on facebook.com/americanexpress,
instagram.com/americanexpress,
linkedin.com/company/american-express, twitter.com/americanexpress,
and youtube.com/americanexpress.
Key links to products, services and corporate responsibility
information: personal cards, business cards, travel services, gift
cards, prepaid cards, merchant services, Accertify, Kabbage, Resy,
corporate card, business travel, diversity and inclusion, corporate
responsibility and Environmental, Social, and Governance
reports.
Source: American Express Company
Location: Global
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221006005157/en/
American Express Leah Gerstner 212-640-3174
Leah.M.Gerstner@aexp.com
Andrew Johnson 212-640-8610 Andrew.R.Johnson@aexp.com
American Express (NYSE:AXP)
Historical Stock Chart
From Feb 2024 to Mar 2024
American Express (NYSE:AXP)
Historical Stock Chart
From Mar 2023 to Mar 2024