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American Express Canada:
Denise Pickett, President and Chief Executive Officer

Friday, April 13, 2007

Denise Pickett
From The Globe and Mail

Denise Pickett, President and Chief Executive Officer, Amex Bank of Canada and Amex Canada Inc.

Doug Buckminster, Regional President, Latin America/Caribbean/Canada, for American Express, is pleased to announce that Denise Pickett has been appointed President and Chief Executive Officer, Amex Bank of Canada and Amex Canada Inc. She succeeds Beth Horowitz, who recently announced her plans to remain in Toronto, and to leave Amex after 22 years of distinguished service.

A native of Toronto, Ms. Pickett will head the Canadian Executive Team and directly manage the company’s Consumer Card and Small Business Services group, leading the marketing, acquisition, product development and insurance areas. She will also serve as chair of the Board of Directors of Amex Bank of Canada.

Ms. Pickett has been with American Express for 15 years, most recently as Vice-President, Marketing and Strategy for Global Commercial Card. She has a tremendous amount of experience in the Commercial Card business, as well as in the Consumer business where she held a series of senior positions in Loyalty & Retention, New Product Development, Strategic Planning, and Small Business Services.

Ms. Pickett currently serves on the board of directors for the Canadian Marketing Association and Markham-Stouffville Hospital.

She holds a Masters degree in Business Administration from the Schulich School of Business at York University and an Honours Bachelors degree from the University of Toronto.

American Express in Canada operates as Amex Canada Inc. and Amex Bank of Canada. Both are wholly-owned subsidiaries of the New York-based American Express Travel Related Services Company, Inc., the largest operating unit of the American Express Company. Amex Canada Inc. operates the Business Travel, Travel Services Network and Travellers Cheques divisions in Canada. Amex Bank of Canada is the issuer of American Express Cards in Canada. American Express opened its first offices in Toronto and Hamilton in 1853 and now employs more than 3,700 Canadians coast-to-coast.

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