AmEx's CEO Got $16.8 Million in Pay Last Year

more in Business »

BY APARAJITA SAHA-BUBNA

American Express Co.'s Chief Executive Kenneth I. Chenault received total compensation valued at $16.8 million in 2010 as the company posted healthy gains in profit fueled by higher consumer spending and lower loss reserves.

This amount includes a base salary of $1.9 million and a cash bonus of $2 million, the company said in a preliminary proxy filing late Friday with the Securities and Exchange ...

CLICK HERE

Copyright 2012 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit

www.djreprints.com

Available to WSJ.com Subscribers