Raymond Joabar Biography and Net Worth

Group President, Global Merchant and Network Services of American Express

Mr. Joabar is Group President of American Express’ Global Merchant & Network Services (GMNS) organization. He leads a global team responsible for overseeing relationships with millions of Amex-accepting businesses, as well as third party payment providers, strategic bank and fintech partners, and the Company’s globally integrated payments network.

Prior to this role, he served as Chief Risk Officer and President of Global Risk and Compliance of American Express and American Express National Bank. As Chief Risk Officer, Mr. Joabar developed American Express’ and the U.S. Bank’s risk appetite formulas, ensuring safety and soundness, and managing Enterprise-wide risk. He guided the organization through the crisis of the Covid-19 pandemic, navigating the risk landscape and fortifying controls resiliently. He has held many positions over his 32+ years at American Express – spanning multiple countries and lines of business – including President of International Card Services and head of the Company’s global Customer Servicing, Credit and Fraud Operations.

Mr. Joabar holds a degree in electrical engineering from the University of Michigan and an MBA from Manchester Business School. He currently serves on the board of directors of Global Business Travel (GBT) and the Lincoln Center Theater. He also sits on the U.S. Travel Association’s CEO Roundtable.

What is Raymond Joabar's net worth?: The estimated net worth of Raymond Joabar is at least $5.91 million as of January 28th, 2025. Mr. Joabar owns 23,866 shares of American Express stock worth more than $5,906,883 as of April 17th. This net worth evaluation does not reflect any other investments that Mr. Joabar may own. Learn More about Raymond Joabar's net worth.
How do I contact Raymond Joabar?: The corporate mailing address for Mr. Joabar and other American Express executives is 200 VESEY STREET, NEW YORK NY, 10285. American Express can also be reached via phone at (212) 640-2000 and via email at ir@aexp.com. Learn More on Raymond Joabar's contact information.
Has Raymond Joabar been buying or selling shares of American Express?: Raymond Joabar has not been actively trading shares of American Express during the last ninety days. Most recently, Raymond Joabar sold 15,179 shares of the business's stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $313.94, for a transaction totalling $4,765,295.26. Following the completion of the sale, the insider now directly owns 23,866 shares of the company's stock, valued at $7,492,492.04. Learn More on Raymond Joabar's trading history.
Who are American Express' active insiders?: American Express' insider roster includes Michael Angelakis (Director), Douglas Buckminster (Vice Chairman), Jeffrey Campbell (CFO), Walter Clayton, III (Director), Marc Gordon (Insider), Howard Grosfield (Insider), Monique Herena (Insider), Raymond Joabar (Group President, Global Merchant and Network Services), Christophe Le Caillec (CFO), Theodore Leonsis (Director), Anna Marrs (Insider), Richard Petrino (EVP), Denise Pickett (Insider), Jessica Quinn (EVP), Ravikumar Radhakrishnan (Insider), Laureen Seeger (Insider), Jennifer Skyler (Insider), Stephen Squeri (Chairman & CEO), and Anré Williams (Insider). Learn More on American Express' active insiders.
Are insiders buying or selling shares of American Express?: During the last twelve months, American Express insiders bought shares 1 times. They purchased a total of 3,700 shares worth more than $998,593.00. During the last twelve months, insiders at the payment services company sold shares 10 times. They sold a total of 299,379 shares worth more than $75,897,060.84. The most recent insider tranaction occured on March, 7th when Director Michael J Angelakis bought 3,700 shares worth more than $998,593.00. Insiders at American Express own 0.2% of the company. Learn More about insider trades at American Express.
Information on this page was last updated on 3/7/2025.

Raymond Joabar Insider Trading History at American Express

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/28/2025	Sell	15,179	$313.94	$4,765,295.26	23,866
2/7/2020	Sell	4,531	$132.29	$599,405.99	5,615
1/27/2020	Sell	17,544	$131.21	$2,301,948.24	23,159

Raymond Joabar Buying and Selling Activity at American Express

American Express Company Overview

American Express Company, together with its subsidiaries, operates as integrated payments company in the United States, Europe, the Middle East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates through four segments: U.S. Consumer Services, Commercial Services, International Card Services, and Global Merchant and Network Services. The company's products and services include credit card, charge card, banking, and other payment and financing products; network services; expense management products and services; and travel and lifestyle services. It also provides merchant acquisition and processing, servicing and settlement, point-of-sale marketing, and information products and services for merchants; and fraud prevention services, as well as the design and operation of customer loyalty programs. In addition, the company operates lounges at airports under Centurion Lounge brand name. It sells its products and services to consumers, small businesses, mid-sized companies, and large corporations through mobile and online applications, affiliate marketing, customer referral programs, third-party service providers and business partners, direct mail, telephone, in-house sales teams, and direct response advertising. American Express Company was founded in 1850 and is headquartered in New York, New York.

Today's Range

Now: $249.98

$251.50

50 Day Range

MA: $275.21

$230.98

$312.52

2 Week Range

Now: $249.98

$216.52

$326.28

Volume

99,320 shs

Average Volume

2,875,392 shs

Market Capitalization

$175.62 billion

P/E Ratio

17.74

Dividend Yield

1.33%

Beta

1.16