Friday, 21 June 2013 13:07
New CFO for Amex
Replacement for Daniel Henry takes over in July
American Express has appointed Jeffrey Campbell as executive VP and chief financial officer.
Campbell, 52, will lead the company's finance organisation and represent American Express to investors, lenders and rating agencies. He will also become a member of the company's operating committee.
He succeeds Daniel Henry, 64, who will retire later this year after a 23-year career with Amex.
Campbell will join American Express next month as executive vice president, finance. He will assume CFO duties in early August after the company completes its financial filings for the second quarter.
He joins Amex from McKesson Corporation, where he was executive VP and chief financial officer of the largest health care services company in the United States. Campbell joined McKesson as CFO in 2003.
Before joining McKesson, he was chief financial officer of AMR Corporation and its subsidiary, American Airlines. He joined AMR in 1990 and progressed through a range of senior management roles, including head of European operations based in London for several years. He was named CFO in 2002.
"Jeff is among the most respected leaders in finance, with deep experience as the CFO of large organisations in complex industries," said American Express chairman and CEO Kenneth Chenault. "He knows how to generate shareholder value, facilitate growth, develop strong teams and build flexible financial models. His broad experience in addressing competitive and market challenges will also help us as we continue to invest in our growth initiatives to reach new customers and drive commerce."