Former AmEx Chief Ken Chenault Leaves Director Posts at P&G, IBM

Ken Chenault.Photographer: Andrew Harrer
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Ken Chenault, former chief executive officer of American Express Co., is leaving the boards of Procter & Gamble Co. and International Business Machines Corp., according to regulatory filings on Thursday.

Chenault will retire from both boards on Feb. 13, the companies said in separate filings. After retiring from AmEx this year, Chenault was named chairman and a managing director at the venture capital firm General Catalyst.