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American Express
From SourceWatch
American Express is a New York City based company that issues credit cards and traveler's checks. It is one of the world's largest travel agencies with more than 2,200 travel offices worldwide. It publishes magazines such as Food & Wine and Travel & Leisure. In 2006, it had sales of $27 billion and profits of $3.7 billion. [1]
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Political contributions
American Express gave $278,500 to federal candidates in the 2006 election through its political action committee - 41% to Democrats and 55% to Republicans. 4% ($10,000) went to independent Joseph Lieberman (CT-I). [2]
Lobbying
The company spent $1,460,000 for lobbying in 2006. $220,000 went to two lobbying firms, Wexler and Walker Public Policy Associates and Baptista Group, with the remainder being spent using in-house lobbyists. [3]
Personnel
| Key executives and 2006 pay: [4] | Options exercised |
|||
| Kenneth I. Chenault, Chairman and Chief Executive Officer | $7,600,000 | $3,350,000 | ||
| Edward P. Gilligan, Vice Chairman, Head of Global Business-to-Business Group | $3,560,000 | $5,850,000 | ||
| Alfred F. Kelly, Jr., President | $3,790,000 | $9,130,000 | ||
| Louise M. Parent, Executive Vice President | $2,850,000 | $6,880,000 |
Selected board members: [5]
- Daniel F. Akerson, Managing Director, The Carlyle Group
- Peter Chernin, President and Chief Operating Officer, News Corporation
- Richard C. Levin, President, Yale University
- Steven S. Reinemund, Former Chairman and Chief Executive Officer, PepsiCo, Inc.
- Ronald A. Williams, Chairman, Chief Executive Officer and President, Aetna, Inc.
Contact details
World Financial Center
200 Vesey Street
New York, NY 10285
Phone: 212-640-2000
Fax: 212-640-2458
Web: http://www.americanexpress.com
References
- ↑ American Express Profile, Hoovers, accessed August 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed September 2007.
- ↑ American Express lobbying expenses, Open Secrets.
- ↑ American Express Key Executives, Yahoo Finance, accessed September 2007.
- ↑ Board of Directors, American Express, accessed August 2007.
