an American Express press official confirmed. Citing "personal reasons" for McGraw's decision, a prepared statement indicated Amex would "finalize our replacement options" but in the meantime senior vice president and general manager Hervé Sedky "will be the interim leader." McGraw joined the company in 1998 when
Amex acquired New Jersey super-regional agency Travel One, where he served as vice president of sales and marketing. Amex thanked McGraw for his nearly 17 years with the companies.