American Express president Ed Gilligan has died

American Express president Ed Gilligan has died, American Express president Ed Gilligan has passed on all of a sudden, the organization said in an open letter Friday. He was 55.

He turned out to be genuinely sick on a flight home to New York at the beginning of today, the announcement said.

"This is profoundly excruciating and honestly impossible for every one of us who had the colossal fortune to work with Ed, and advantage from his experiences, administration and eagerness," CEO Ken Chenault said in the letter to representatives.

"Our considerations and requests to God go out to his wife, Lisa, and their four kids – Katie, Meaghan, Kevin and Shane. He was a glad spouse and father, and his adoration for his family was obvious in all that he did."

Gilligan got to be president of American Express in April 2013 in the wake of serving as bad habit director from 2007. He joined the Visa and money related administrations monster in 1980.

Gilligan earned a four year college education in financial aspects and administration from New York University.

In evening exchanging, American Express shares were down around 0.5%.

Here's Chenault's full letter:

With the heaviest of hearts, I must share some overwhelming news. Ed Gilligan – President of our organization and companion and motivation to numerous inside and outside American Express – turned out to be truly sick on a flight home to New York early today and has passed away.

This is profoundly difficult and honestly impossible for every one of us who had the immense fortune to work with Ed, and advantage from his bits of knowledge, administration and eagerness. Our considerations and requests to God go out to his wife, Lisa, and their four kids – Katie, Meaghan, Kevin and Shane. He was a pleased spouse and father, and his affection for his family was obvious in all that he did.

Ed additionally cherished American Express. He gave his whole profession to this organization, beginning as an assistant 35 years back and moving relentlessly up the distance to Vice Chairman in 2007 and President in 2013. His commitments have left a permanent engraving on essentially every region of our business, from Commercial Card and Travel to International, Consumer, Small Business, Merchant Services, Network Services and, most as of late, the gathering producing our computerized organizations and driving installment developments. Ed was a living exemplification of our qualities, grasping both our legacy of administration, trust and honesty, and also our entrepreneurial soul that has helped consistently change this organization as the years progressed. For now, I have requested that Ed's immediate pioneers report to me.

The sign of a genuine pioneer is followership, and Ed won the hearts and psyches of numerous thousands. He was a champion of assorted qualities and worker advancement, and his mentorship has helped make a legacy of solid pioneers wherever he went. We grieve his misfortune, and we will have chances to share our recollections of him all the more completely in the impending days. More points of interest will be imparted one week from now.

In this minute, I know you will go along with me in individual recognition
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