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  • 10/18/2017 14:30:44

    AmEx's Stephen Squeri to succeed Chenault as CEO, chairman

    American Express Co. said late Wednesday that Stephen Squeri, the current vice-chairman, will become chief executive and chairman on Feb. 1. Squeri, who leads the company's Global Commercial Services group, succeeds Kenneth Chenault. Shares of American Express declined 0.6% to $91.55 after hours. The announcement followed AmEx's release of quarterly earnings, which topped Wall Street estimates. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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