I think you are the 2nd person to post regarding this matter. I only hope that Amex executive has rang the alarm bell that their customer base is being taken away and they want to know the reasons. You have Citibank, JP Morgan Chase getting taking ideal customers with specific products such as AAdvantage Executive card with lounge access to JP Morgan Palladium card that opens packages just as well Black Amex Titanium. You have lifestyle competition from many sources such as the Wall Street Journal, Founders Card etc.