Summary
American Express Company (AXP) filed an 8-K on February 7, 2020, to announce significant changes in its financial leadership. Richard Petrino, previously the Corporate Controller and Principal Accounting Officer, is transitioning to the role of Chief Operating Officer at American Express National Bank. This move signifies a broadening of responsibility for Mr. Petrino within the company's banking subsidiary. Concurrently, Jessica Lieberman Quinn has been appointed as the new Corporate Controller and Principal Accounting Officer for American Express Company. Ms. Lieberman Quinn brings a wealth of experience to this critical role, having most recently served as the Business Chief Financial Officer for Global Commercial Services and previously as Senior Vice President of Corporate Planning & Analysis. These appointments are effective upon the filing of the company's 2019 Form 10-K, indicating a planned and orderly transition of leadership.
Key Highlights
- 1Richard Petrino, Corporate Controller and Principal Accounting Officer, appointed Chief Operating Officer of American Express National Bank.
- 2Jessica Lieberman Quinn appointed as the new Corporate Controller and Principal Accounting Officer.
- 3Ms. Lieberman Quinn's appointment is effective following the filing of the 2019 Form 10-K.
- 4Ms. Lieberman Quinn has a strong financial background, including recent experience as Business CFO for Global Commercial Services.
- 5The filing includes a press release announcing these organizational changes as Exhibit 99.1.