American Express Company specializes in issuing and marketing payment cards primarily for travel (hotel, ticket, restaurant payments, etc.). Income breaks down by activity as follows:
- sale of means of payment to consumers (52.4%): traveler's checks, credit cards, prepaid cards. The group also offers banking services (private banking and business banking), travel brokerage and magazine publishing;
- sale of means of payment to small and big corporates (33.2%);
- management of partner networks (14.4%): services provided to card payment networks and card distribution networks.
Sales per Business
2020
2021
Global Consumer Services Group
21 326.00
55.8%
24 831.00
56.9%
Global Commercial Services
10 619.00
27.8%
12 500.00
28.6%
Global Merchant and Network Services
4 693.00
12.3%
5 072.00
11.6%
USD in Million
Sales per region
2020
2021
United States
28 263.00
74%
33 103.00
75.8%
EMEA
3 087.00
8.1%
3 643.00
8.3%
APAC
3 271.00
8.6%
3 418.00
7.8%
Latin America, Canada and the Caribbean
2 019.00
5.3%
2 238.00
5.1%
USD in Million
Managers
Name
Title
Stephen J. Squeri
Chairman & Chief Executive Officer
Jeffrey C. Campbell
Co-Vice Chairman & Chief Financial Officer
Ravi Radhakrishnan
Chief Information Officer & Executive VP
Charlene Barshefsky
Independent Director
Peter F. Chernin
Independent Director
Ted J. Leonsis
Independent Director
Daniel Lucius Vasella
Independent Non-Executive Director
Michael O. Leavitt
Independent Director
Ralph de la Vega
Independent Director
John Joseph Brennan
Lead Independent Director
Shareholders
Name
Equities
%
Berkshire Hathaway, Inc. (Investment Management)
151,610,700
20.3%
The Vanguard Group, Inc.
44,575,408
5.97%
SSgA Funds Management, Inc.
31,327,357
4.19%
Wellington Management Co. LLP
23,684,994
3.17%
Capital Research & Management Co. (World Investors)