Business Editors
NEW YORK
--(BUSINESS WIRE)--
--The
American Express Company
today announced the appointment of
Bill Glenn
, President, Global Merchant Services as an Executive Officer of the Company, effective immediately. Mr. Glenn, who has worldwide responsibility for the merchant network of
American Express
, will join the Operating Committee which is responsible for setting the Companyâs strategic direction and policies.
Global Merchant Services is a part of the Business-to-Business segment, led by
Ed Gilligan
, Vice Chairman of
American Express
. It is a merchant acquirer, processor and marketing partner for the millions of merchants around the world who accept the American Express Card. In 2007, the combined global Billed Business volume processed by the merchant network was
.
âThe appointment of
Bill Glenn
as an officer of the Company reflects the strategically critical role that Global Merchant Services plays in supporting the growth of our card issuing businesses around the world, and also in creating new high-margin revenue streams in the business-to-business arena,â said
Kenneth I. Chenault
, Chairman and Chief Executive Officer,
American Express
.
Mr. Glenn joined
American Express
in 2002 leading the merchant business in
North America
and took on additional responsibility for worldwide operations, pricing, marketing and strategy for the merchant network in 2005. Since that time he has led the Companyâs efforts to expand Card acceptance in new categories such as residential rent and business-to-business transactions. He was named to his current role as head of the global merchant network in June of 2007. Prior to joining
American Express
, Mr. Glenn was President of Pepsi-Cola North Americaâs Food Service Division overseeing sales, marketing, operations, customer service and finance for the unit.
American Express Company
(
www.americanexpress.com
) is a leading global payments, network and travel company founded in 1850.
American Express
Christine Elliott
, 212-640-0622
christine.s.elliott@aexp.com
State Keywords:
New York
Industry Keywords: Professional Services; Banking; Finance
Source:
American Express Company
