American Express Elects Karen Parkhill to Its Board of Directors
January 29 2020 - 2:00PM
Business Wire
American Express Company (NYSE: AXP) today announced that Karen
Parkhill, Executive Vice President and Chief Financial Officer of
Medtronic, has been elected to its board of directors, effective
January 29, 2020. Ms. Parkhill will serve as a member of the
Board’s Audit and Compliance Committee.
“Karen has deep financial and operational leadership experience
at global large-cap companies, with a strong track record of
driving profitable business growth and delivering operational
efficiencies,” said Stephen J. Squeri, Chairman and Chief Executive
Officer. “She is a well-recognized leader in the financial services
sector, and an advocate for diversity and talent development. Karen
will be a highly valuable addition to our Board, and I look forward
to working with her and benefitting from her financial expertise
and fresh perspectives.”
In her current role as CFO of Medtronic, Ms. Parkhill serves on
the company's Executive Committee and is responsible for leading
the Medtronic global finance organization and key supporting
functions, including Treasury, Controller, Tax, Internal Audit,
Investor Relations, Corporate Strategy, and Business Development.
In addition to her leadership role in finance, Ms. Parkhill serves
as the Executive Sponsor of the Medtronic PRIDE Employee Resource
Group and Women’s Network “Commit to Connect” leadership program,
which supports senior women leadership development at
Medtronic.
Ms. Parkhill joined Medtronic from Comerica Incorporated in June
2016 where she was Vice Chairman and Chief Financial Officer. She
was a member of Comerica's Management Executive Committee and the
Comerica Bank Board of Directors. As Chief Financial Officer at
Comerica, Ms. Parkhill had direct management of Finance, overseeing
Accounting, Business Finance, Corporate Planning and Development,
Investor Relations, Treasury as well as Economics, with
responsibility for all financial reporting. She previously had
administrative responsibilities for Comerica's Service Company,
Corporate Compliance and Financial Intelligence.
Prior to Comerica, Ms. Parkhill was at JPMorgan Chase and Co.,
where she served as Chief Financial Officer for the Commercial
Banking business from 2007 to 2011. She joined JPMorgan in 1992 in
the Investment Bank and held various positions of increasing scope
and responsibility, from an Associate in the Mergers and
Acquisitions Group to a Managing Director in the Investment Banking
Coverage Group.
Ms. Parkhill previously served as a member of the International
Women’s Forum, as a National Trustee for the Boys and Girls Club of
America, the Board of Directors of Methodist Health System, and the
Executive Board for Southern Methodist University Cox School of
Business. She was named among American Banker’s “The 25 Most
Powerful Women in Banking” in 2015, and “The 25 Women to Watch” in
2011 and 2013.
Ms. Parkhill earned bachelor's degrees in business
administration and mathematics from Southern Methodist University
in Dallas and an MBA from the University of Chicago Booth School of
Business. She is a 2012 recipient of the SMU Cox School of Business
Distinguished Alumni Award and a 2008 recipient of the University
of Chicago Booth School of Business Distinguished Young Alumna
Award.
About American Express
American Express is a globally integrated payments company,
providing customers with access to products, insights and
experiences that enrich lives and build business success. Learn
more at americanexpress.com and connect with us on
facebook.com/americanexpress, instagram.com/americanexpress,
linkedin.com/company/american-express, twitter.com/americanexpress,
and youtube.com/americanexpress.
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version on businesswire.com: https://www.businesswire.com/news/home/20200129005613/en/
Marina H. Norville 212-640-2832 marina.h.norville@aexp.com
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