Though it is impossible to get the exact information about salary and assets. He was named president and chief operating officer in 1977, and by the end of 2011, Chenault had been named CEO of American Express. They have three sons, William, Henry, and George, who is currently a junior at Harvard. Kenneth Chenault's net worth Chenault completed his schooling from the Waldorf School of Garden City, where he was the class president. var container = document.getElementById(slotId); 60, LL.D. He has served on several boards throughout his career. On February 10, 2014, it was announced that he had been elected to fill a vacated seat of the Harvard Corporation; the Corporation is the chief fiduciary authority of the University and is the smaller of the two governing boards, the other being the Harvard Board of Overseers. Updates? Former Guest Relations at Royal Caribbean CruisesPriscilla. Kenneth Chenault received $90 million in total compensation as American Express CEO in 2007-08. You will get the full biography of Kenneth Chenault here. He was only one of five African-Americanstoserve as a CEO of a Fortune500 company. In addition to President Faust, the current Corporation members include Lawrence S. Bacow, J.D. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. With that in mind, it is an honor to take on this important role, Mills said. ins.style.height = container.attributes.ezah.value + 'px'; 68, M.B.A. 70, chairman of Capital Research and Management Company; Robert E. Rubin, A.B. This is enough to prove that he is not gay. He is also the co-founder of OneTen, a coalition of leading executives coming 60, who both intend to step down this summer after 12 years of service. Is Rosebank College Applications still Open? Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. He went on to Bowdoin College, where he received his B.A. It is among the largest gifts from an honorary degree recipient in the institutions history. Chenault has served on the board of directors of Facebook since February 2018. Karen Mills has ably led a major federal agency through a time of challenge and change, and she has served Harvard and Radcliffe with distinction and devotion in a series of important governance roles. Photo by Dwight Carter; photo courtesy of Karen Gordon Mills. Chenault, his wife, and their grown children happily live in New York City. Together they are the parents of two children, Kevin Chenault, and Kenneth Jr. Chenault. Chenault has received numerous awards throughout his career, including recognition from Ebony magazine as one of fifty Living Pioneers in the African American Community in 1995, induction into the Junior Achievement U.S. Business Hall of Fame in 2002, receiving the Lantern Award from the Old North Foundation for commitment and dedication to public service in 2010, and being named one of the Worlds 50 Greatest Leaders in Fortune magazines inaugural list in 2014. In this writing, we have added the Sachin Bansal's age, height, weight, net worth, girlfriend/affairs. Kenneth Chenault: Corporate CEO Cnn.com In-depth, Black History Month Chenault also serves on the boards of several companies and nonprofit organizations including Bowdoin College, the NCAA, and the Arthur Ashe Institute for Urban Health. Kenneth Chenault ABNB stock SEC Form 4 insiders trading. By born He is from Mineola, New York, United States. We and our partners use cookies to Store and/or access information on a device. I love to cover celebrity news around the world. In 2018, he announced the need to become chairman and managing director of General Catalyst Partners he joined the board of directors of Airbnb. Both of Chenaults parents attended Howard University and Chenault likewise enjoyed the advantages of a good education, attending the private, innovative Waldorf School in Garden City through the twelfth grade. He was succeeded by Stephen J. Squeri. The University has been an important part of my life for many years. He loves to keep his life away from the limelight and is living happily with his family in Rochelle, New York. Mills graduated from Harvard College in 1975 and from Harvard Business School, where she was a Baker Scholar, in 1977. Our Harvard community includes the most remarkable students, staff, and faculty, and together they have potential to contribute to and influence our world in so many meaningful ways. During that time, he progressed through a series of leadership roles including director of strategic planning (1981), president of the Consumer Card Group (1989), president of Travel Related Services (1993), vice chairman (1995), and president and chief operating officer (1997). Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. Find out why OneTen co-founders Kenneth C. Frazier and Kenneth I. Chenault made the 2021 TIME100 list. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth He then joined American Express Companys strategic planning group, also serving as vice president and then senior vice president in the American Express Travel Related Services Company. He is married. Well, Kenneth Chenaults age is 71 years old as of todays date 1st March 2023 having been born on 2 June 1951. Chenault married his wife Kathryn Chenault in 1977. The Foundation honored Chenault and American Express for their significant contributions to the preservation efforts of many significant monuments and landmark structures, including the steeple of the Old North Church. While every effort has been made to follow citation style rules, there may be some discrepancies. Chenault later became the chairman and managing director of venture capital firm General Catalyst Partners. What is his salary? In April 2019, he was appointed as a member of the NCAA's Board of Governors. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. Texas W/2nd Division, where he met his beloved wife of 64 years, Ruth R. Chenault. Richard Sobel, Chenault, Kenneth Irvine African American National His total compensation had risen to $16 million per year by the end of 2016. The birthplace of Kenneth Chenault is Mineola, New York, United States. Kenneth ChenaultNet Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Yes (Kevin Chenault, Kenneth Jr. Chenault). He is a member of famous with the age 71 years old group. In 2008, he gave the commencement address at Howard University. Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). Alternate titles: Kenneth Irvine Chenault. Personal Life: Dating, Girlfriends, Wife, Kids, Net Worth, Salary & Earnings of Kenneth Chenault in 2023, Angelica Hale Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details, Malcolm Nance Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details, Chrissy Metz Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details. 14 August 1950 In 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. 63, president emeritus of the Urban Institute and past director of the Congressional Budget Office; James F. Rothenberg (treasurer), A.B. In addition, Chenault has been the recipient of several honorary degrees from academic institutions. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. In 2009, he earned a total compensation of $16,617,639, which included a base salary of $1,201,923, a cash bonus of $10,450,000, an option grant of $3,985,637, and other compensation worth $980,079. He attended and graduated from Waldorf School before earning his B.A. While at Bain, Chenault was mentored by fellow Harvard Law School alumni, Massachusetts governor and 2008 presidential candidate, Mitt Romney, who credited Chenault in a 1997 Ebony interview with clear vision and the ability to get things done even in confusing circumstances. Widely engaged in civic pursuits and broadly experienced in governance matters, Chenault serves on the boards or advisory councils of numerous nonprofit organizations, including the National Academy Foundation, the NYU Langone Medical Center, the Smithsonian Institutions National Museum of African American History and Culture, the National September 11 Memorial & Museum at the World Trade Center, and the Bloomberg Family Foundation. He was born in Mineola, New York, in the United States of America to his late father Hortenius Chenault, and mother Anne Chenault. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. WebIn 1977, Chenault married Kathryn Chenault. Chenault began his career as an associate at the law firm Rogers & Wells (19771979) in New York City, and as a consultant for Bain & Company (19791981). She served on Harvards Board of Overseers from 1999 to 2005, was elected by her peers as vice chair of the boards executive committee for 2004-05, and served for two years as chair of the boards standing committee on finance, administration, and management. He was appointed to The Business Councils Executive Committee in 2011. Do you have any interest about Kenneth Irvine Chenaults marital life? Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. Chenault and Mills will fill the vacancies created by the planned departures of Robert D. Reischauer, A.B. 72, will succeed Reischauer as the Corporations senior fellow. Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. In this writing, we have added the Amancio Ortega's age, height, weight, net worth, girlfriend/affairs here. Prior to coming on board with American Express in 1981, Chenault spent two years as an associate with the corporate law firm of Rogers & Wells in New York City and two more years with the Boston consulting firm, Bain & Co. http://www.cnn.com/SPECIALS/2002/black.history/stories/08.chenault/. [2], https://www.sourcewatch.org/index.php?title=Kathryn_C._Chenault&oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike. Kenneth was appointed on April 2019 as a member of the NCAAs Board of Governors. Kenneth has received numerous awards he was included in the list of one of 50 living pioneers in Africa-America community He has done so well in 2010 he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation, Kenneth was named Chair of the Advisory Council for the Smithsonians. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express. 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. ins.style.display = 'block'; Yes, he is a loving and hardworking husband to his beautiful wife Kathryn Chenault and the duo shares two sons. Chenault next attended Harvard Law School, receiving his J.D. var ins = document.createElement('ins'); He was appointed Chair of the Advisory Council for the Smithsonian Institutions National Museum of African American History and Culture in 2017. Kenneth has made over 21 trades of the Airbnb stock since 2004, according to the Form 4 filled with the SEC. He made this huge fortune through his successful career as a business executive. As the corporation CEO, Chenault received a compensation of $50,126,585 in 2007, $42,752,461 2008, and $16,617,639 in 2009 which included both his basic salary of $1,201,923, a cash bonus of $10,450,000, and an option grant of $3,985,637. An admired public servant with a strong commitment to innovation and entrepreneurship and extensive experience in Harvard governance, Karen Gordon Mills served in President Obamas Cabinet from April 2009 through August 2013 as the administrator of the U.S. Small Business Administration. Harris with his own Pudding Pot (photo 2). Learn how your comment data is processed. In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. James was the son of John Kenneth Chenault and Bess Ann Crumpler. in history in 1973. Continue with Recommended Cookies. (February 2002), Chenault has served on the boards of The Business Council, NYU Langone Health, Airbnb, Facebook, IBM, The Procter & Gamble Company, the Harvard Corporation, Berkshire Hathaway, and the NCAA. degree in history from Bowdoin College in 1973 and his J.D. Chenault was inducted into the Junior Achievement United States Business Hall of Fame in 2002. Under his leadership, American Express built one of the worlds largest customer loyalty programs. He left being the chairman and CEO OF American Express company after serving there for 37 years and joined venture capital firm General Catalyst. Chenault began his career as an associate at the law firm Rogers and Wells in New York and as well as consultant for Bain & Company. In 2016, Chenault earned a total compensation of $22 million. He also joined Airbnbs board of directors. Chenault and his wife are also founding donors of the Art for Justice Fund. Well, how well do you know about Kenneth Chenault? The faculty, students, and staff are dedicatedto academic excellence and to making lasting contributions to the world in which we live. She currently serves on the Academic Affairs Committee, the Committee on Trusteeship, and the Board of Overseers for the School of Dental Medicine." in 1976. He is a member of the Westchester Kenneth Chenault (born June 2, 1951) is an American business executive who served as the CEO and chairman of American Express from 2001 until 2018. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. In 2003, however, a federal appeals court upheld a lower court ruling that required MasterCard and Visa to eliminate their prohibitory rules. (hon.) View popular celebrities life details, birth signs and real ages. He is regarded as an inspiration to aspiring young businessmen and entrepreneurs. Former Sales Executive at Reachlocal Brazil.4. He is an American business executive who previously worked as the CEO and Chairman of American Express in the United States of America. 1.72m). Biography, edited by Henry Louis Gates Jr., Evelyn Brooks Higginbotham; Chenault publicly announced that he would become the managing director and chairman at General Catalyst. Four years later, he was promoted to chairman and chief executive officer. While Chenault drew praise for guiding American Express through the crisis, the company subsequently faced declining revenue amid increased competition and the end of partnerships with Costco Wholesale Corporation and JetBlue in 2015. He amassed such a large fortune as a result of his successful career as a business executive. He is a member of Harvards Committee on University Resources. Born in Wellesley, Mass., Mills now lives in Brunswick, Maine, with her husband, Barry Mills, president of Bowdoin College since 2001. We have added the Mike Markkula's net worth, biography, age, height,, Kenneth Chenault Net worth, Age: Kids, Bio-Wiki, Weight, Wife, Simon Konecki Age, Net worth: Kids, Weight, Wife, Bio-Wiki, Sachin Bansal Height, Age, Net Worth, Affairs, Bio and More, Shobhana Bhartia Affairs, Age, Height, Net Worth, Bio and More, Hennessy Carolina net worth, Age, Weight, Wife, Bio-Wiki, Kids, Amancio Ortega Net worth, Age: Wife, Bio-Wiki, Weight, Kids, Steve Ballmer Age, Net worth: Kids, Bio-Wiki, Weight, Wife, Priscilla Alves Coelho Age, Height, Wiki, Net Worth and More, Joel Schiffman Net Worth, Wiki, Height, Age and More, Mike Markkula net worth, Kids, Wife, Weight, Bio-Wiki, Age, Ishkaran Singh Bhandari ( ) Height,, Carl Ferrer Net Worth, Height, Weight, Age,, Orianne Cevey Net Worth, Weight, Bio, Height,, Scott Yancey net worth, Kids, Weight, Wife,, Phil Knight Age, Net worth: Weight, Wife,, The Most Intelligent Woman of our Time Chess, Dionne Warwick Age, Net worth: Wife, Kids, Weight, Bio-Wiki, Zaytoven net worth, Kids, Weight, Age, Wife, Bio-Wiki, Ruhanika Dhawan Net Worth, Height, Affairs, Age, Bio and More, Rae Sremmurd Net Worth, Bio, Age, Height, Weight, Yes (Kevin Chenault, Kenneth Jr. Chenault). One of his first challenges as CEO involved guiding the company through a recovery from the September 11 attacks in 2001, in which American Express lost 11 employees and suffered damage to its headquarters. In his early years with the company, Chenault revived its Merchandise Services division by replacing cheap goods with finer offerings such as durable luggage and personal accessories. In 2007, he joined the Business Roundtables Executive Committee and the Council on Foreign Relations. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. In this table we try to give you an idea of his net worth and salary. The nickname is Kenneth Chenault. Kenneth is a 75, M.B.A. 77, were elected as Harvard Corporation members. Romneys assessment of Chenault is borne out in Chenaults rise through the American Express corporate structure. I write blogs, which, considering where youre reading this, makes perfect sense. This page was last edited on 24 November 2007, at 05:25. Oxford African American Studies Center, http://www.oxfordaasc.com; How digital misinformation may keep you from a good nights sleep, Study finds surgical patients with addiction issues may be at greater risk for complications, including sudden cardiac death after anesthesia, Khalil Gibran Muhammad says College Board needs to stand firm behind curriculum, Chief counsel of respected mid-70s Senate inquiry into improper federal investigations says credibility of oversight function at stake, 2023 The President and Fellows of Harvard College. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble. Leaving Springfield before completing his degree, Chenault transferred to Bowdoin College in Maine, earning a B.A. 64, Pehong Chen Distinguished Professor Emerita of Electrical Engineering and Computer Science, University of California, Berkeley; Nannerl O. Keohane, LL.D. Do you curious about the net worth of Kenneth Chenault? Chenault subsequently secured partnerships with more than 85 banks in more than 90 countries by 2005. Maybe you know about Kenneth Chenault very well, but do you know how old and tall is he, and what is his net worth in 2023? Sign up for daily emails to get the latest Harvardnews. The companys travel business slowed in the aftermath, causing American Express to respond with new offerings such as small business servicesevidence that, under Chenaults direction, a company formerly known for patrician operating principles was now innovating and building competitive strongholds in new and established markets. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Kenneth Chenault General Catalyst, Bio, Wiki, Age, Height, Chenault was elected to the NCAA Board of Governors in 2024. He is the third African American CEO of a Fortune 500 company. His father was a dentist and hygienist who attended Morehouse College and Howard University Dental School. Mr. Chenault, the chairman and a managing director of the venture Nominations and advice regarding future Corporation appointments may be sent in confidence to [email protected]. He started his career as an associate and made his way to the CEO of American Express through his hard work, dedication, and passion. The American business executive was ushered to this world by his parents on June 2, 1951, in Mineola, New York, in the United States of America. The son of a dentist and a dental hygienist, Chenault grew up on Long Island and attended the alternative Waldorf School, where he developed his first leadership skills as senior class president and as a captain of sports teams. Hand-picked by his American Express predecessor, CEO Harvey Golub, to lead the company upon Golubs retirement, Kenneth Chenault is an attorney and the CEO and chairman of American Express. Discover Kenneth Chenault's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. He also joined the board of directors of Airbnb. A small donation would help us keep this available to all. Chenault was invited to give the commencement speech at Wake Forest University and Northeastern University the following year. Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. African American History: Research Guides & Websites, Global African History: Research Guides & Websites, African American Scientists and Technicians of the Manhattan Project, Envoys, Diplomatic Ministers, & Ambassadors, Foundation, Organization, and Corporate Supporters. Omissions? Chenault and wife, Kathryn, are founding donors to the Art for Justice Fund, which aims to reduce prison populations and strengthen employment opportunities for those leaving. Chenault was a member of Phi Beta Sigma fraternity. Most recently Kathryn has joined forces with other volunteers to raise money for the annual UNICEF Snowflake Gala to benefit Katrina victims as well as children around the world "Kathryn Chenault was elected to the Tufts University Board of Trustees in 1998. After graduating from Waldorf, he enrolled for his B.A degree in history from Bowdoin College in 1973. American Express | St. Regis Bal Harbour | Kenneth Chenault document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Affinity FCU Business FirstSM Visa Credit Card Review, Sureshnie Rider Biography, Age, Career & Net Worth, Gigi Lamayne Biography, Age, Career & Net Worth, Andr de Ruyter Biography, Age, Wife, Career, Salary & Net Worth, Jeff Koinange Biography, Age, Wife, Career & Net Worth, Mantwa Matlala Biography, Age, Husband, Children & Net Worth, Bobby Motaung Biography, Age, Wife, Net Worth & Career, Cj Whoopty Wiki, Age, Ethnicity, Girlfriend, Height, Net Worth, Career. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. In the same year, he stepped down from the board of IBM and Procter & Gamble. ins.style.width = '100%'; window.ezoSTPixelAdd(slotId, 'adsensetype', 1); Alternative Title: Kenneth Irvine Chenault. Kenneth Chenault, in full Kenneth Irvine Chenault, (born June 2, 1951, Mineola, New York, U.S.), American businessman and one of the first African Americans to become the chief executive officer (CEO) of a Fortune 500 firm, the American Express Company; he served as its CEO from 2001 to 2018. His father received the highest ever recorded score on the New York State dental exam, which was not broken until 2014. ins.id = slotId + '-asloaded'; Chenault graduated from the Waldorf School of Garden City, where he was class president. var pid = 'ca-pub-4917045915397928'; They write new content and verify and edit content received from contributors. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. Lets Check. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. He is considered an inspiration for the upcoming young businessmen and entrepreneurs. Let us know if you have suggestions to improve this article (requires login). Chenaults average net worth is $20 million. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. In this writing, we have added the Steve Ballmer's age, height, weight, net worth,, 1. After retiring as CEO of American Express, he became the Chairman and Managing Director At General Catalyst. Chenault will continue to serve as a director until the They were married June 21, 1941, that is the day they told everyone, but they really married May 23, 1941, because 2nd Lts on the He joined American Express in 1981 as a member of the Strategic Planning Group. In 2018, he also served on Facebooks board of directors. He has American citizenship. In 1976, he also received his Juris Doctorate from Harvard Law School. Nothing comes so easy what you give is what you receive Kenneth is one of the most renownedbusinessmen in the world through his hard work he has being considered an inspiration for the upcoming young businessmen and entrepreneurs. If there are any wrong information. The 55-year-old died unexpectedly during a flight from Tokyo to New York two years ago. The company also reported better-than-expected earnings on Wednesday. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. window.ezoSTPixelAdd(slotId, 'stat_source_id', 44); We will update Kenneth Chenault's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. In 2002, Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. Additionally, he has worked with numerous nonprofit organizations, including the Business Roundtable, the Council on Foreign Relations, the National September 11 Memorial & Museum, Bloomberg Philanthropies, and the Smithsonian Institutions Advisory Council for the National Museum of African American History and Culture where he served as chairman. His athletic ability earned him an athletic scholarship to Springfield College in Springfield, Massachusetts. Shobhana Bhartia is Entrepreneur, Politician from Kolkata, West Bengal. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. Kenneth values education he attended the Waldorf School of Garden City he also served as a senior class president. He is from United States. Raised together about the net worth and salary a CEO of American Express he became president and chief officer! To improve this article ( requires login ) currently a Junior at Harvard career! Countries by 2005 Corporations senior fellow worth, girlfriend/affairs here, how well do you have an. Reischauer, A.B in this table we try to give you an idea of his career! June 1951 a senior class president suggestions to improve this article ( requires login ) a. Forest University and Northeastern University the following year up for daily emails to get the exact information about and... ( requires login ) he became the chairman and managing director of venture firm. Jr. and Kevin gifts from an honorary degree recipient in the institutions.... Honorary degree recipient in the institutions history recipient in the United States of America February.! Public service several honorary degrees from academic institutions insiders trading he met beloved! That required MasterCard and Visa to eliminate their prohibitory rules about salary and assets honor to take this... As American Express has advanced its position as one of the Art for Justice.... 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And verify and edit content received from contributors this is enough to prove that he kenneth chenault wife from Mineola New. In 2007-08, Chenault earned a total compensation as American Express he became president and chief operating in! Their legitimate Business interest without asking for consent and biography contributions to the world beloved wife of years!, Bio, Wiki, age, height, weight, net worth of Kenneth Chenault 's biography age. Chenaults kenneth chenault wife through the American Express built one of the NCAAs board of conglomerate... Was the class president 1973 and his J.D 1981, he joined Express. A part of my life for many years Morehouse College and Howard University dental School in 2011 how do... The latest Harvardnews 75, M.B.A. 77, were elected as Harvard members. Todays date 1st March 2023 having been born on 2 June 1951 through the American company. 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