American Express CEO made $28.5m in 2012


  • Business
  • Saturday, 09 Mar 2013

NEW YORK: Credit card company American Express Co chief executive Kenneth Chenault received a total payout of about $28.5 million in 2012, according to a filing, an increase of about 24 percent over the previous year.

Chenault's base salary was $2 million, according to a proxy filed with the Securities and Exchange Commission on Friday. His bonus was $4 million, while stock awards accounted for about $18.9 million and options awards total led about $2.2 million.

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