American Express Co. awarded Chairman and Chief Executive Kenneth Chenault compensation of $24.4 million for 2013, an 11% increase over the prior year, the credit-card company said in a regulatory filing Friday.

The pay package once again puts Mr. Chenault, 62, among the highest-paid U.S. bank CEOs, including Goldman Sachs Group Inc.'s Lloyd Blankfein and J.P. Morgan Chase & Co.'s James Dimon.

Mr. Chenault's compensation included $2 million in salary, which was unchanged from the prior year, as well as an annual incentive award of $7.95 million and a long-term incentive award valued at $14.45 million.

Write to Andrew R. Johnson at andrewr.johnson@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

American Express (NYSE:AXP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more American Express Charts.
American Express (NYSE:AXP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more American Express Charts.