AMERIPRISE FINANCE INC (AMP)
Sector: Financials
Sector: Financials
AMERIPRISE FINANCE INC - Executive Compensation
Chairman and Chief Executive Officer
Executive Compensation
James M. Cracchiolo has been serving as the Chairman and Chief Executive Officer of Ameriprise Financial, Inc. since 2005. Born in 1959, Cracchiolo graduated from New York University with a Bachelor of Science degree in accounting and later earned a Master of Business Administration from the same institution. His professional journey began at Arthur Andersen LLP, where he honed his skills in auditing and consulting. Cracchiolo joined American Express in 1982, where he spent over two decades climbing the corporate ladder. During his tenure at American Express, he held several key positions, including Chief Financial Officer and President of the Global Financial Services Institution. In 2005, Cracchiolo took the helm at Ameriprise Financial, a spin-off from American Express, and has since steered the company to significant growth and success. Under his leadership, Ameriprise has expanded its asset management and financial planning services, becoming a leading player in the wealth management industry. Cracchiolo's strategic vision has been instrumental in diversifying the company's offerings and enhancing its global presence. His commitment to client-centric services and innovative financial solutions has earned Ameriprise numerous accolades, including being named one of the World's Most Ethical Companies by the Ethisphere Institute. As Chairman and CEO, James M. Cracchiolo continues to drive Ameriprise Financial's mission of helping clients achieve their financial goals. His leadership style emphasizes integrity, accountability, and a strong corporate culture. Cracchiolo is also actively involved in various industry associations and community initiatives, reflecting his dedication to broader societal contributions. His foresight and ability to navigate complex financial landscapes have solidified his reputation as a respected leader in the financial services sector.