Dive Brief:
- American Express Chief Financial Officer Jeff Campbell will step down Aug. 14 and be succeeded by the card company’s deputy CFO, Christophe Le Caillec, Amex said Tuesday.
- Campbell, 62, who has been CFO at the New York City-based card company since 2013, is also the board’s vice chairman and will continue to hold that position until his retirement in March 2024, Amex said in a release.
- Le Caillec has held a number of finance roles during his 25 years at Amex, and has served as deputy CFO since December 2021, according to his LinkedIn profile.
Dive Insight:
Before taking the CFO post at Amex a decade ago, Campbell held finance chief roles at American Airlines and healthcare company McKesson.
“Given the progress we have made, and the momentum we are seeing across the business, now is the time in my personal journey to step back and spend more time with family and pursue my personal interests,” Campbell said in the release.
He plans to work with Le Caillec and Amex CEO Steve Squeri over the coming months “to ensure a smooth transition.”
Le Caillec, 57, has served as head of corporate planning since 2019, and was business CFO for Amex’s global consumer services group from 2016 to 2019, according to a filing Tuesday with the Securities and Exchange Commission.
“As we continue to deliver on our growth plan, Jeff’s disciplined approach and astute financial stewardship have positioned us well for the future,” Squeri said in the release. “I am looking forward to working even more closely with Christophe, a deeply experienced American Express executive who will bring his own substantial talents to the role.”
