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Visa's New CEO Can Draw on Decades of Experience at Rival AmEx

During the two decades that Alfred Kelly worked at American Express (AXP) , he admired rival Visa's (V) marketplace strength and respected its strategy.

By the end of this year, the former American Express president will be charting that strategy himself, succeeding Charles Scharf as the payment technology company's CEO. Scharf, who took the top job in 2012 and led the company's multibillion-dollar acquisition of its former European subsidiary in June, told Visa's board last...