Bailout Watch #10: CEO secure at American Express

View Full Article
It would be hard to top the money American Express laid out to ensure the security of its CEO Kenneth Chenault in 2008. He received $200,898 in company-paid expenses for a home security system. By contrast, such costs for Edward P. Gilligan, vice chairman, were only $1,609, while Amex spent $4,510 to secure the home of Alfred F. Kelly, president. Daniel Henry, the company’s chief financial officer, received no home security allotment, and only $513 was paid on behalf of Stephen J. Squeri, executive vice president, corporate development and chief information officer.