Ed Gilligan
Ed Gilligan

American Express President Ed Gilligan, 55, died Friday after he “became seriously ill on a flight home to New York,” according to a company memo written by CEO Kenneth Chenault.

“This is deeply painful and frankly unimaginable for all of us who had the great fortune to work with Ed and benefit from his insights, leadership and enthusiasm,” Chenault wrote. "Our thoughts and prayers go out to his wife, Lisa, and their four children: Katie, Meaghan, Kevin and Shane. He was a proud husband and father, and his love for his family was evident in all that he did."

Gilligan started as an intern at American Express 35 years ago, Chenault said, and worked in many sectors of American Express’ business over the years. In 1995 he was named business unit president of commercial card and business travel for the U.S. He was appointed group president in 2002 and relocated to London, overseeing the international consumer card business and the company’s global portfolio of payment and travel services for corporate clients.

He was named vice chairman in 2007 and president in 2013.

“Ed was a living embodiment of our values, embracing both our heritage of service, trust and integrity, as well as our entrepreneurial spirit that has helped continually transform this company through the years,” Chenault said.

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