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president, he had increased the company's offices from 50 to 344, increased employees from 1,500 to 8,600, and saw a 318% increase in total assets, at $ 621 million. He also saw the implementation of Amex programs intended to make travel easier and cheaper for
Americans, including trip planning services, and detective services to find traveling family members and missing items.
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He was born on July 6, 1890 in
Philadelphia, to William Arter and Jennie Smith Reed. He was raised in Philadelphia, the second son of a Welsh-born lumber company accountant. He won a scholarship to Princeton, but dropped out when his father became unemployed. Reed got an accounting job, and at night,
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magazine in 1956 described Reed, as Amex president, as the "businessman who first applied to foreign travel all the ingenuity and resources of U.S. industry," stating he had done "more than anyone else in the world to lure the
American abroad and make his trip a success." In his twelve years as
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noted his personal proclivity for lavish international travel and tipping, and that he once "rented the entire first floor of London’s Hotel Savoy to entertain 500 cocktail guests." Reed approved the first Amex card, which appeared in 1958. He was succeeded as president of Amexco in 1960 by
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He was on the board of the directors of the
American Cancer Society, a trustee of the American School of Classical Studies in Athens, a trustee of Roosevelt Hospital, and a trustee of the United States Trust Company of New York.
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121:, the American International Life Assurance Company of New York, the First National Bank of West Palm Beach, Florida, and the Lafayette Fellowship Foundation of Philadelphia.
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Company from 1944 to 1960. He joined the company in 1919 as assistant to the controller. He was the person who made the decision to create the
American Express
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He was married to Edna May Young, and their daughter was named
Phyllis Ann Reed. A resident of New York City and Palm Beach, Ralph T. Reed died at
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as assistant to the controller in 1919. From 1944 to 1960 he was president of
American Express.
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Peter Z. Grossman, American
Express: The People Who Built the Great Financial Empire, 1987
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79:. He was chairman of the executive committee of Amex from 1960 to 1965, when he retired.
33:(July 6, 1890, Philadelphia – January 21, 1968, New York City) was the president of the
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Officers
Crosses of the Order of Merit of the Federal Republic of Germany
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This article about an
American businessperson born in the 1880s is a
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appointed him the US representative at the inauguration of the
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began attending Wharton School. In 1915, he graduated from the
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in New York in July 1890 after falling ill, at the age of 77.
187:"Ralph Reed, 77, Retired Head of American Express, Is Dead"
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American business biography, 19th-century birth stubs
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135:List of Central High School (Philadelphia) alumni
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740:Central High School (Philadelphia) alumni
582:The Adventures of Seinfeld & Superman
233:How Bad Will It Get for American Express?
82:He was on the advisory committee of the
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253:Corporations: Oil, Vinegar & Sugar
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422:Warner-Amex Satellite Entertainment
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725:American financial businesspeople
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618:Virtual Reality (advertisement)
119:Western Union Telegraph Company
90:and was also an adviser to the
278:Frederick P. Small (1923–1944)
88:United States State Department
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668:. You can help Knowledge by
613:Three World Financial Center
20:Ralph Reed on the cover of
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56:University of Pennsylvania
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117:He was a director of the
84:Foreign Service Institute
41:, first issued in 1958.
730:American Express people
608:Small Business Saturday
417:Railway Express Agency
100:President of Nicaragua
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593:World Monuments Watch
468:Louis V. Gerstner Jr.
463:James D. Robinson III
113:Boards and committees
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397:Ameriprise Financial
96:Dwight D. Eisenhower
520:Charlene Barshefsky
453:Howard L. Clark Sr.
295:Howard L. Clark Sr.
271:Business positions
260:, September 3, 1965
195:. January 23, 1968.
412:Merchants Despatch
368:Traveler's cheques
240:, October 15, 2015
192:The New York Times
107:Roosevelt Hospital
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588:Salad Oil scandal
535:Vernon Jordan Jr.
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292:Succeeded by
31:Ralph Thomas Reed
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560:Robert D. Walter
550:Edward D. Miller
483:Kenneth Chenault
473:Sanford I. Weill
402:First Data Corp.
341:Payment products
334:American Express
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285:American Express
276:Preceded by
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35:American Express
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26:(April 9, 1956)
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213:TRAVEL: TRAVEL
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670:expanding it
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353:Charge cards
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94:. President
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720:1968 deaths
715:1890 births
598:65 Broadway
540:Jan Leschly
448:J. C. Fargo
438:Henry Wells
39:charge card
709:Categories
545:Rick Levin
511:(Chairman)
458:Ralph Reed
431:Executives
363:ExpressPay
289:1944–1960
141:References
61:He joined
501:directors
498:Corporate
390:companies
378:Plum Card
238:Bloomberg
102:in 1957.
45:Biography
641:Category
388:Spun-off
129:See also
623:Kabbage
283:CEO of
86:of the
54:of the
574:Other
666:stub
258:TIME
218:TIME
72:TIME
67:TIME
23:Time
711::
256:,
236:,
216:,
201:^
189:.
158:^
58:.
697:e
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672:.
326:e
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312:v
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