American Express Company · NYSE:AXP
American Express — Investor Presentation (October 2023)
15 slides from American Express's investor presentation, October 2023
Slide 1: Fall 2023 Investor Engagement
American Express Company FALL 2023 INVESTOR ENGAGEMENT October-December 2023
Slide 2: Executive Summary
Executive Summary We are committed to ongoing shareholder engagement to understand their perspectives and priorities and to inform our decision-making. Our strategic imperatives and enterprise-wide initiatives are based on Strategic Imperatives our differentiated business model, our diverse customer
Slide 3: Our Strategic Imperatives
Our Strategic Imperatives… We are a leader in providing credit and charge cards to a broad range of customers, including consumers, small businesses, mid-sized companies and large corporations around the world. We seek to grow by focusing on four strategic imperatives: Expand leadership in the premi
Slide 4: Competitive advantages of our business model
…are based on the competitive advantages of our business model... Lifestyle & Business- Attractive Customer Brand Strength Service Excellence Membership Model Centric Assets Base at Scale Data Analytics Card Members Merchants 4
Slide 5: Driving confidence in our long-term growth aspirations
…driving confidence in our long-term growth aspirations 2024+ Aspiration Strategy Revenue Growth Momentum >10% EPS Industry Trends Growth Mid-teens Steady State Macro Environment 5
Slide 6: We continue to see strong momentum in 2023
We continue to see strong momentum in 2023 Q3’23 Financial Performance $15.4B 2.9M TOTAL REVENUE $2.5B NEW PROPRIETARY CARDS ACQUIRED NET INCOME YoY Growth: 13% / 13% Reported / FX-Adjusted(1) 138M $1.7B $420B CARDS-IN-FORCE WORLDWIDE TOTAL CAPITAL RETURNED TO SHAREHOLDERS NETWORK VOLUMES YoY Growth
Slide 7: Our Compensation Program and Our Commitment to Shareholders
Our Compensation Program and Our Commitment to Shareholders We are committed to… Aligning our executive compensation programs with the Company’s strategic goals and long-term success; Engaging with stakeholders and actively incorporating feedback from shareholders when considering program or dis
Slide 8: Executive Compensation
Executive Compensation Our Executive Compensation program supports Strategic Growth and has been designed to drive strong business performance and to align executive compensation with long-term shareholder interests. Element Performance Measures Key Features Base Salary -- • Fixed compensation • Per
Slide 9: Executive Compensation Highlights
Executive Compensation Highlights from 2023 CD&A Strong performance against the 2022 goals set at start of year resulting in a 2022 Company multiplier of 150% Performance RSUs vested at 116% demonstrating strong performance relative to peers and Stock Options met performance requirements Provi
Slide 10: Our Board of Directors
Our Board of Directors Thomas J. Baltimore Theodore J. Leonsis Stephen J. Squeri Chairman and CEO, Park Hotels & Resorts, Inc. Founder, Chairman and CEO, Monumental CEO, American Express Company Sports & Entertainment, LLC Chairman Committee Membership: • Audit and Compliance Committee Memberships:
Slide 11: Board Demographics
Board Demographics Our Board is made up of a diverse group of leaders with substantial experience in their respective fields. The combination of skills, qualifications, and experiences of the directors contribute to an effective and well-functioning Board necessary to provide effective oversight and
Slide 12: Our ESG Governance Framework
Our ESG Governance Framework MISSION: BACK PEOPLE AND BUSINESSES TO THRIVE AND CREATE UK Subsidiaries EQUITABLE, RESILIENT, AND SUSTAINABLE COMMUNITIES GLOBALLY ESG PILLARS ADVANCE PROMOTE DIVERSITY, BUILD FINANCIAL CLIMATE EQUITY & INCLUSION CONFIDENCE SOLUTIONS BOARD OVERSIGHT NOMINATING, GOVERNAN
Slide 13: Highlights of Our Progress in 2022-2023
Highlights of Our Progress in 2022-2023 BUILD FINANCIAL ADVANCE CLIMATE PROMOTE DIVERSITY, CONFIDENCE SOLUTIONS EQUITY, AND INCLUSION 2.2 Million Enhancing the management of 100% new cards (basic and supplemental) climate risk pay equity for colleagues issued in the US to Card Members from Formed Cl
Slide 14: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. You can identify forward-looking statements by words such as “exp
Slide 15: American Express
AMERICAN EXPRESS
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