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Kenneth I. Chenault served as the CEO of American Express from 2001 until his retirement in 2018, making him one of the longest-serving CEOs in financial services. He has a solid background, having joined American Express in 1981 and climbed...

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Kenneth I. Chenault

Ex-CEO of American Express

Education

Bachelor's degree from Bowdoin College and an MBA from Harvard Business School.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

June 2, 1951 - 73 years ago

CEO of American Express for

17 years 1 month (Jan 2001 - Feb 2018)

Previous Experience

Joined American Express in 1981, held various senior positions including President and COO before becoming CEO.

Holdings

See how much did Kenneth I. Chenault make over time.

Kenneth I. Chenault holds a significant amount of stock in American Express, demonstrating his strong belief in the company's future. At various times during his tenure, his personal holdings have been valued in the tens of millions. For example, in...

Mar 18, 2025

Total Stock Sold

$382.11M

IBM

$2.91M

18,149.146 IBM shares

AXP

$379.20M

5,229,528 AXP shares

What if they kept their stock?

If Kenneth I. Chenault didn't sell their stock, today they would have:
Extra IBM18,149.146 shares worth $2.10M and AXP5,229,528 shares worth $472.38M.
This is 24.18% and $92.38M more than what they got when they sold the stock.

Charitable Transactions

AXP

203,064 shares

AXP

Recent Charitable Transactions

AXP

5,087 shares

AXP

Dec 14, 2017

Charity

AXP

22,000 shares

AXP

Jun 13, 2017

Charity

AXP

16,000 shares

AXP

Aug 16, 2016

Charity

AXP

16,000 shares

AXP

Jan 26, 2016

Charity

AXP

31,430 shares

AXP

Jan 26, 2015

Charity

AXP

10,000 shares

AXP

Jan 27, 2014

Charity

Insider Trading

See recent insider trades of Kenneth I. Chenault.

ABNB

2,872 shares

ABNB

May 25, 2024

Received

ABNB

3,974 shares

ABNB

May 25, 2023

Received

ABNB

3,600 shares

ABNB

May 25, 2022

Received

ABNB

2,966 shares

ABNB

May 25, 2021

Received

ABNB

21,058 shares

ABNB

Dec 9, 2020

Received

AXP

$8.75M

AXP at $99.69/share

Jan 26, 2018

Received

AXP

$3.89M

AXP at $97.98/share

Jan 24, 2018

Received

AXP

5,087 shares

AXP

Dec 14, 2017

Charity

AXP

$9.38M

AXP at $97.30/share

Dec 14, 2017

Sale

AXP

$66.88M

AXP at $84.71/share

Jun 13, 2017

Sale

Compensation History

See how much did Kenneth I. Chenault make over time.

In 2018, Kenneth I. Chenault received a total compensation package of around $18.6 million, which included a base salary, performance bonuses, and significant stock awards. His compensation structure emphasizes a performance-driven approach with an intent to align his interests with those of shareholders. In fact, the bulk of his earnings over the years were tied to long-term incentives, showcasing his focus on the company's sustained growth. Chenault has made choices to defer cash bonuses in favor of stock, reinforcing his commitment to American Express's long-term success. Throughout his leadership, his pay reflected not just his individual performance but also the broader success of the company in a competitive landscape.

Year

2018

Total Compensation

$16.70M

Salary

$167.00

Board Justification

The compensation philosophy emphasizes alignment with company performance and shareholder interests, with a focus on long-term value creation.

Bonus

$552.00

Board Justification

Pro-rated annual incentive award for January 2018 while serving as CEO.

Other

$4.37M

Board Justification

Includes post-retirement office support and other benefits.

Restricted Stock

$12.33M(125.84K RSU)

Board Justification

RSUs granted in lieu of cash incentives for 2017 AIA and payout of PG 2015-17, payable on the first anniversary of the grant date, subject to positive cumulative net income.

Performance Metrics

Performance metrics include revenue growth, EPS, and strategic imperatives.

Other American Express CEOs

Here are other CEOs of American Express