June 27 (Reuters) – Credit card giant American Express Co (AXP.N) said on Tuesday Chief Financial Officer Jeffrey Campbell has decided to retire, and Deputy CFO Christophe Le Caillec would succeed him.
Campbell will step down from his role effective Aug. 14. He joined American Express as CFO in 2013, and will remain with the company as vice chairman until March 2024.
Shares in the New York-based card company have nearly tripled over the last decade, marking a successful tenure for the outgoing finance chief. AmEx stock, which has risen 13% so far this year, reversed early losses to trade 0.5% higher at $168.02 in morning trading.
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Le Caillec has been with American Express for over 25 years, serving in top roles. He currently leads the corporate planning team at the card firm, as well as risk, technology and the global services group finance functions.
American Express names insider Le Caillec as finance chief, Campbell to retire
