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American Express Elects Lisa W. Wardell to Board of Directors

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American Express Company (NYSE: AXP) has appointed Lisa W. Wardell, CEO of Adtalem Global Education Inc., to its Board of Directors, effective March 8, 2021. Wardell will also join the Board's Risk Committee. With extensive experience in business transformation and strategic partnerships in the financial services sector, her expertise in diversity and regulatory matters is expected to enhance American Express's governance. Previously, she led significant acquisitions at Adtalem and has served in various senior roles within investment firms and consulting.

Positive
  • Lisa W. Wardell brings extensive experience in managing large-scale business transformations.
  • She has a strong track record in strategic partnerships and business development.
  • Her expertise in diversity will enhance the company's governance.
  • Wardell's background in financial services and regulatory matters is a valuable asset.
Negative
  • Potential concerns about continuity due to her external commitments.

American Express Company (NYSE: AXP) today announced that Lisa W. Wardell, Chairman and Chief Executive Officer of Adtalem Global Education Inc., has been elected to its Board of Directors, effective March 8, 2021. Ms. Wardell will also join the Board’s Risk Committee.

Lisa W. Wardell (Photo: Business Wire)

Lisa W. Wardell (Photo: Business Wire)

“Lisa has extensive experience leading large-scale business transformations, and successfully executing portfolio repositionings in the financial services sector through strategic partnerships, business development and mergers and acquisitions,” said Stephen J. Squeri, Chairman and Chief Executive Officer of American Express. “She also brings her strong expertise in implementing and advancing diversity at global companies, along with her prior regulatory and investment experience, all of which will be key assets for our Board.”

Ms. Wardell has served as President and CEO of Adtalem, a leading provider of workforce solutions and educational services since 2016, and was elected Chairman of the Board in 2019. Ms. Wardell has led the acquisition and integration of companies in Adtalem’s financial services vertical, including ACAMS, the largest membership organization for Anti-Financial Crime professionals globally, as well as the turnaround and sale of Adtalem’s non-core assets. She has also focused the company on enhancing the diverse representation of its senior leadership and Board.

Prior to Adtalem, Ms. Wardell was Executive Vice President and Chief Operating Officer of The RLJ Companies, a strategic investment firm, where she was responsible for strategic partnerships, mergers and acquisitions, business strategy, operations and finance. She previously served as a principal at private-equity firm Katalyst Venture Partners, which invested in technology start-up companies; was a senior consultant in Accenture’s communications and technology strategic services practice; and served as an attorney in the commercial wireless division of the Federal Communications Commission.

Ms. Wardell currently serves on the boards of Lowe’s Companies Inc. and THINK450, the innovation and business development arm of the National Basketball Players Association. She is also a member of the Executive Committee of The Business Council, The Executive Leadership Council, and CEO Action for Diversity and Inclusion. She was named by Black Enterprise magazine as one of the “300 Most Powerful Executives in Corporate America” in 2017 and has been featured on CNBC as well as in The Wall Street Journal, Washington Post, Business Insider and other publications.

Ms. Wardell received a bachelor’s degree from Vassar College and a law degree from Stanford University. She received an MBA from the University of Pennsylvania’s Wharton School of Business.

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.

Source: American Express Company

Location: Global

FAQ

What is the significance of Lisa W. Wardell's appointment to American Express's Board?

Lisa W. Wardell's appointment is significant as she brings extensive leadership experience and a focus on diversity, which aligns with American Express's commitment to governance and business innovation.

When did Lisa W. Wardell join the American Express Board of Directors?

Lisa W. Wardell joined the American Express Board of Directors on March 8, 2021.

What role will Lisa W. Wardell play on the Board of Directors?

Lisa W. Wardell will serve on the Risk Committee of the Board, contributing her expertise to enhance risk management strategies.

What experience does Lisa W. Wardell have that benefits American Express?

Lisa W. Wardell has extensive experience in business transformations, strategic acquisitions, and promoting diversity in leadership, which are valuable for American Express's strategic goals.

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