Amex names ex-Comerica executive to its board

Karen Parkhill, a former Comerica executive who left banking in 2016, has been elected to the board of directors at American Express.

New York-based Amex said Parkhill joined the board Wednesday and will serve on the its audit and compliance committee. With her addition, the Amex board will expand from 12 to 13 members.

David Kern/David Kern

“Karen has deep financial and operational leadership at global large-cap companies, with a strong track record of driving profitable business growth and delivering operational efficiencies,” Amex Chairman and CEO Stephen Squeri said in a press release.

Parkhill has been chief financial officer at the medical device company Medtronic since June 2016. Previously, she was CFO at Dallas-based Comerica, and was named to American Banker’s Most Powerful Women in Banking list multiple times, most recently in 2015.

Earlier in her career, Parkhill was CFO of the commercial banking business at JPMorgan Chase.

Other members of the American Express board include former Capital One Financial President Lynn Pike, former Utah Gov. Michael Leavitt and Washington Wizards owner Ted Leonsis.