Timothy J. McClimon

NEW YORK, April 28, 2009 — American Express (NYSE:AXP) today kicked off the second American Express Nonprofit Leadership Academy, its nation-wide program to develop the next generation of leaders in the nonprofit sector and has announced that it will be holding another Academy in the Fall. The Nonprofit Leadership Academy is a week-long training program created in partnership with the Center for Creative Leadership (CCL) that immerses participants in leadership training and development courses through sessions with American Express senior executives, including the company’s Chairman and Chief Executive Officer, Kenneth I. Chenault. This week’s Leadership Academy will include guest speakers Reynold Levy, president of Lincoln Center for the Performing Arts and Marie Wilson, founder and president of The White House Project.

BOSTON, MA, April 20, 2009 — A newly released Bridgespan Group survey of U.S. nonprofit executive directors shows that a leadership deficit forecast in 2006 may have widened last year. Meanwhile, in 2009, despite tightening budgets, nonprofits already foresee a need to fill 24,000 vacant or new roles in areas like finance and fundraising, amid increasing management complexity and baby boomer retirements. Developing leaders within the sector remains critical. In addition, three quarters of respondents saw value in “bridging” talent in from outside the sector to fill the gap, but underscored the need for cultural adaptation. Study findings will be presented at the American Express Nonprofit Leadership Academy taking place from April 27th-May 1st in New York.

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