American Express appointed Daniel T. Henry as chief financial officer. He had been serving as acting CFO since February, when Citigroup lured away Gary Crittenden to be its new CFO.
Henry will be responsible for leading the company’s finance organization and representing American Express to investors, lenders, and rating agencies. He is also a member of the financial services company’s operating committee. “Dan has done an excellent job of leading our finance team and has become a key advisor on corporate strategy and business matters,” said Kenneth I. Chenault, chairman and chief executive officer. “Having completed our search, we’ve selected an outstanding CFO who will be an important part of our company’s leadership and help American Express capitalize on growth opportunities in the payments industry.”
Prior to serving as acting CFO, Henry was executive vice president and chief financial officer of the company’s U.S. Consumer, Small Business and Merchant Services Group. He joined American Express in 1990 as comptroller, and worked closely with the company for several years prior to that appointment as a partner with Ernst & Young.
Earlier this year, when Crittenden announced that he would leave the CFO post at American Express, the company said it would consider both internal and external candidates in its search for a permanent CFO.