EXHIBIT 10.37
BASE SALARIES FOR NAMED EXECUTIVE OFFICERS
On January 24, 2005, the Compensation and Benefits Committee (the "Compensation Committee") of the Board
of Directors of American Express Company (the "Company") approved the annual base salaries (effective as of
such date) of the Company's executive officers after a review of performance and competitive market data. The
following table sets forth the annual base salary levels of the Company's Named Executive Officers (which
officers were determined by reference to the Company's proxy statement, dated March 10, 2004) for 2005 and
2004:
NAME AND POSITION YEAR BASE SALARY
------------------------------ ---- -----------
Kenneth I. Chenault
Chairman and Chief 2005 $1,100,000
Executive Officer 2004 1,000,000
James M. Cracchiolo
Group President 2005 475,000
Global Financial Services 2004 475,000
Gary L. Crittenden
Executive Vice President 2005 575,000
and Chief Financial Officer 2004 500,000
Edward P. Gilligan
Group President
Global Corporate Services 2005 575,000
and International Payments 2004 460,000
Alfred F. Kelly, Jr.
Group President
U.S. Consumer and Small 2005 575,000
Business Services 2004 475,000