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AmEx names former SEC chairman to board

Published 10/06/2022, 10:10 AM
Updated 10/06/2022, 10:22 AM
© Reuters. Smartphone with American Express logo is placed near toy shopping cart in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) - American Express Co (NYSE:AXP) said on Thursday Jay Clayton, former chairman of the U.S. Securities and Exchange Commission, has been elected to its board of directors, effective Oct. 5.

© Reuters. FILE PHOTO: U.S. Securities and Exchange Commission Chairman Jay Clayton, testifies before a House Committee on Financial Services hearing entitled

Clayton spent over 20 years as a partner at Sullivan & Cromwell LLP before he became the 32nd chairman of the SEC in 2017. He currently serves as a senior policy adviser and counsel at the New York-based law firm.

He also serves as non-executive chairman of Apollo Global Management (NYSE:APO) Inc's board and a member of the Federal Deposit Insurance Corp's Systemic Resolution Advisory Committee.

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