Minneapolis (Jan. 27, 2004) -- American Express Financial Advisors Inc. has named Mark Schwarzmann to the newly created position of senior vice president of insurance and annuities.

In his role as head of insurance and annuities, Schwarzmann will assume responsibility for driving new sales of life, health and annuity products and for pursuing other expansion opportunities. He will report to Jim Cracchiolo, chief executive of American Express Financial Advisors.

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