Stephen J. Squeri | |
|---|---|
| Born | 1959 (age 65–66) |
| Nationality | American |
| Other names | Stephen Joseph Squeri, Stephen J. Squeri, Steve Squeri |
| Education | Monsignor McClancy High School |
| Alma mater | Manhattan College (BS, MBA) [2] |
| Occupation | Business executive |
| Years active | 1980s-present |
| Organization | American Express |
| Title | Chairman and CEO |
| Term | 2018-present |
| Predecessor | Kenneth Chenault |
| Board member of | American Express, Monsignor McClancy Memorial High School |
Stephen Squeri (born 1959) is an American business executive. He is chairman and CEO of American Express. Squeri first joined American Express in 1985, becoming chief information officer in 2005 [2] and vice chairman in 2015, [3] along with other upper management roles. [3] [4]
Squeri is currently chairman of the Manhattan College board of trustees, [5] a board member at the Partnership for New York City, [6] on the board of trustees of Memorial Sloan Kettering Cancer Center, [7] chair of the corporate governance committee of the Business Roundtable, [8] and member of The Business Council, [7] among other roles. [9]
Stephen "Steve" Joseph Squeri [10] was born in 1959 [11] in New York City. [12] He is the grandchild of Italian and Irish immigrants. His father worked as an accountant in New York for companies such as [13] Colgate, CBS, [7] and Bloomingdale's. [13] Squeri grew up in Astoria, Queens, [12] graduating from Monsignor McClancy High School in East Elmhurst in 1977. [14] Squeri subsequently attended Manhattan College in the Bronx, [12] graduating with a bachelor of science in 1981 and an MBA in 1986. [15]
Beginning in 1981, Squeri spent four years as a management consultant at Arthur Andersen. [15]
Squeri joined American Express in 1985 as a manager in the Travellers Cheque Group [16] and became an American Express vice president in 1990. [17] From 2000 to 2002 he served as president of the Establishment Services group in the United States and Canada, [16] and from 2002 to 2005 he was president of the Global Commercial Card division. In 2005, [18] he began serving as chief information officer of American Express. [16] He held the role until October 2009, [2] during which time he also led Corporate Development, overseeing mergers and acquisitions. [19]
In 2009, he was named group president of Global Services. [2] He then served as American Express' group president of Global Corporate Services [3] until 2015. He became vice chairman of American Express in July [2] 2015, [3] [11] and also began leading the business-to-business group in October 2015. [2] According to Forbes, the American Express board of directors began considering Squeri to be CEO in 2015. [20]
Squeri became chairman and CEO of American Express on February 1, 2018, having been appointed by the board of directors [20] to succeed Kenneth Chenault. [19] In 2023, Squeri's total compensation at American Express was $35.6 million, representing a CEO-to-median worker pay ratio of 677-to-1. [21]
After joining the board of trustees at Manhattan College in 2013, he was named chair in 2023. [7] He is also on the board of the Partnership for New York City, [6] on the board of governors of Monsignor McClancy Memorial High School, [22] and on the board of trustees of Memorial Sloan Kettering Cancer Center and The Valerie Fund. [7]
He is a member of the Business Roundtable, [7] where he is chair of the corporate governance committee. [8] He is also a member of The Business Council, the American Society of Corporate Executives, [7] and the New York Jobs CEO Council. [9]
Squeri previously served on the boards of The Guardian Life Insurance Company of America, NY Downtown Hospital, the Columbus Citizens Foundation, and J.Crew, [23] the latter of which he joined in 2010. [18]
