Faulkner steps into Amex cost drive

28 August 2012
American Express is looking to save $200 million next year as part of a review of its global procurement strategies.

The review comes after Amex split one of its top procurement jobs on geographical lines and made two senior appointments.

In the UK, Derek Faulkner has been promoted to vice-president of global procurement for Europe, Middle East and Africa.

In Singapore, Mark Mortimer has been appointed his counterpart for Japan, Australasia and Asia. He was previously in...

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