Gordan Smith, President of American Express company’s Global Commercial Card Group resigns from the company and joins JP Morgan Chase to head company’s Card Services group. Smith succeeds Richard Srednicki, who is retiring from JP Morgan Chase. Smith will report to Jamie Dimon, Chairman and CEO of JP Morgan Chase in addition to joining the Operating Committee.
According to the press release:
“We’re very pleased that Gordon Smith will be leading our Card effort. Gordon is a world-class leader who is highly experienced and respected in the industry,” Mr. Dimon said. “We look forward to working with him as we build on the successes of our Card group to make this business even stronger.”
“Rich Srednicki has been an outstanding leader and partner to me and other members of our Operating Committee,” added Mr. Dimon. “Several months ago Rich informed me of his decision to retire later this year, and at that point we commenced a search to identify a great successor, which we now have in Gordon. We all congratulate Rich on his upcoming retirement and thank him for his many contributions to our company and our industry.”
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