I’m a guy from Astoria who went to Manhattan University,” says Squeri.
Topic: healthRegion: north americaUpdated: i1 outletsSources: 1Spectrum: Center Only⏱ 2 min read
Story Summary
SITUATION
‘If he tells you he can beat me, I’ll sue!’: Inside the $9 billion friendship between the CEOs of Amex and Delta ‘If he tells you he can beat me, I’ll sue!’: Inside the $9 billion friendship between the CEOs of Amex and Delta One of the biggest successes in credit card history was cemented over a giant steak. “I fed Steve a tomahawk at the Kevin Rathbun steak house,” Bastian recalls.
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KEY FACTS
- “We came to a solution where we have one P&L, we get our percentage, and they get their percentage,” says Squeri.
- “And everybody’s happy.” By 2019, Squeri and Bastian achieved such comfort that they extended their partnership to the end of 2029, and the co-brand revenues have rocketed.
- In fact, Squeri and Bastian clicked so well that they are now buddies in pursuing both profit and fun.
HISTORICAL CONTEXT
Sources
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