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American Express' CEO is stepping down (AXP)

American Express Chairman and Chief Executive Officer Kenneth Chenault is stepping down after 37 years at the company, a press release said on Wednesday.

  • Kenneth Chenault is stepping down after nearly 18 years at the helm of American Express.
  • Warren Buffett called Chenault "the gold standard for corporate leadership..."
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American Express Chairman and Chief Executive Officer

"He’s been a great CEO and Berkshire Hathaway shareholders owe him a huge thank you," Buffett concluded.

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