American Express president and vice chairman Ed Gilligan passed away unexpectedly this morning, according to a public letter from company chairman and CEO Ken Chenault.
The letter reads, in part:
Chenault adds that, for now, Gilligan’s direct reports will report to Chenault.
Gilligan joined American Express (AXP) 35 years ago as an intern, working his way up the ranks. He was named president in 2013.