Here's to you, Mr Robinson: American Express. (chairman James Robinson's resignation)

From: The Economist (US) | Date: December 12, 1992 | Copyright information

Dissident shareholders hope that American Express president Harvey Golub can clean up the company's tattered image on Wall Street. Robinson's troubled 16-year tenure as chairman is analyzed.

WHEN is a boardroom coup not a coup? When it is "an orderly succession process". One of these surfaced this week at American Express, a financial-services group. Its famously inert outside directors moved quickly to counter suspicions that they might have taken an initiative.

Just who triggered the non-coup is of little consequence. American Express's chairman, James Robinson, would not have ...

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