Full Name/Real Name: 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. 63, and Robert E. Rubin, A.B. Kenneth Irvine Chenault was born on June 2, 1951, in Mineola, New York, the U.S., to his parents Hortenius Chenault and Anne Chenault. from Harvard Law School in 1976. He is a member of the Westchester Country Club and the fraternity Phi Beta Sigma. She is credited with having guided the SBA through a period of significant renewal and change in the aftermath of the global economic crisis that unfolded in 2008-09, including efforts that supported two record years for SBA-backed lending to small business. Mills recently resumed her role as president of MMP Group, a private equity firm based in Maine, a position she held before her time at the SBA. Three members of Berkshires 14-person board are women, and Chenault would become the only black director. In March 2020, Chenault stepped down from the Facebook board and joined the board of Berkshire Hathaway replacing Bill Gates. 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. All rights reserved. Simon Konecki is Businessperson from New York, United States. Nominations and advice regarding future Corporation appointments may be sent in confidence to corporationsearch@harvard.edu. 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. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. Is Rosebank College Applications still Open? In this table we try to give you an idea of his net worth and salary. By the time of his appointment as chief operating officer and president in 1997, it was evident that Chenault would likely be chosen as American Expresss next CEO, which he was in 2001. He left the following year and subsequently became chairman and managing director of General Catalyst Partners, a venture capital firm. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. Your donation is fully tax-deductible. 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. Kenneth Chenault height is 1.72 m. He current weight is 81 kg. Kenneth Chenault General Catalyst, Bio, Wiki, Age, Height, 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. But within those results, there are some recurring results you would find in the list. Chenault subsequently secured partnerships with more than 85 banks in more than 90 countries by 2005. He was appointed to The Business Councils Executive Committee in 2011. I love to cover celebrity news around the world. Kenneth Chenaultbegan his legal career in 1977 as an associate at the law firm Rogers & Wells. 60, who both intend to step down this summer after 12 years of service. WebHis wife is Kathryn Chenault (m. 1977) Kenneth Chenault Net Worth His net worth has been growing significantly in 2021-2022. The couple enjoys each others company; Kenneth never leaves his wife behind when attending prominent business events. His total compensation had risen to $16 million per year by the end of 2016. Gary Larson Mr. Chenault, the chairman and a managing director of the venture Do you curious about the net worth of Kenneth Chenault? 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. In April 2019, he was appointed as a member of the NCAA's Board of Governors. http://www.cnn.com/SPECIALS/2002/black.history/stories/08.chenault/. 75, M.B.A. 77, were elected as Harvard Corporation members. He delivered the commencement address at Howard University in 2008. He worked as a consultant for Bain & Company from 1979 to 1981. Kenneth Chenault: Real Name/Full Name: Kenneth Irvine Chenault: Gender: Male: Age: 71 years old: Birth Date: 2 June 1951: Birth Place: Mineola, New York, United Chenault completed his schooling from the Waldorf School of Garden City, where he was the class president. Business Chief Executive. [1] "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting 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. lo.observe(document.getElementById(slotId + '-asloaded'), { attributes: true }); Do you have an interest in the Kenneth Irvine Chenault age? WebKenneth 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 In 2018, he also served on Facebooks board of directors. Youll never experience a black hole, but Avi Loeb can help you imagine one. Being born on 2 June 1951, Kenneth Chenault is 71 years old as of todays date 1st March 2023. var lo = new MutationObserver(window.ezaslEvent); 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. 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. Kenneth Chenaultis a well-known American business executive who served as CEO and Chairman of American Express for eighteen years (2001-2018). Few controversial facts have also been provided here. To further increase American Expresss market share and profitability, Chenault led the companys campaign to build links with banks by allowing them to issue credit cards through American Express. The Net worth of Kenneth Chenault is $120 million. We have also added the favorite personalities and things in the section. Get a Britannica Premium subscription and gain access to exclusive content. He is regarded as an inspiration to aspiring young businessmen and entrepreneurs. Chenault was elected to the NCAA Board of Governors in 2024. [2], https://www.sourcewatch.org/index.php?title=Kathryn_C._Chenault&oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. The tour offered photos of past recipients of the Pudding Pot, including Bruce Willis. Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). Kenneth Chenault ABNB stock SEC Form 4 insiders trading. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. Do you find this information helpful? We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. ins.style.minWidth = container.attributes.ezaw.value + 'px'; Im honored to be returning to Harvard and joining the Corporation, said Chenault. in history in 1973. 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. "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. In 2008, he gave the commencement address at Howard University. In March 2020 it was announced that Chenault was stepping down from the Facebook board and joining the board of Berkshire Hathaway, replacing Bill Gates. Our editors will review what youve submitted and determine whether to revise the article. container.style.maxHeight = container.style.minHeight + 'px'; The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. Joel Schiffman is a renowned American Entrepreneur and Financier. In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. Chenault served as a member of the Executive Committee of The Business Council in 2011 and 2012. Romneys assessment of Chenault is borne out in Chenaults rise through the American Express corporate structure. He was born on June 2, 1951, in Mineola, New York, in the United States. He left being the chairman and CEO OF American Express company after serving there for 37 years and joined venture capital firm General Catalyst. This article will give you the breakdown of Kenneth Chenault Net Worth. A member of the Council on Foreign Relations, she is past chair of Maines Council on Competitiveness and the Economy, a past director of the Maine Technology Institute, a former member of the Maine Governors Council for the Redevelopment of the Brunswick Naval Air Station, and a former trustee of The Nature Conservancy of Maine. Well, Kenneth Chenaults age is 71 years old as of todays date 1st March 2023 having been born on 2 June 1951. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. He became president and chief operating officer in 1997. Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. In 2007, he became the Executive Committee of the Business Roundtable and also the part of the Council on Foreign Relations. So, how old is Kenneth Chenault in 2023 and what is his height and weight? Ken Chenault was interviewed by The HistoryMakers on November 3, 2018. Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. He also completed his Juris Doctor degree from Harvard Law School in 1976. Chenault is a graduate of Bowdoin College, Class of 73, where he served on the board of trustees from 1986 to 1993, and a graduate of Harvard Law School, Class of 76, where he served on the visiting committee from 2006 to 2013 and is now a member of the Deans Advisory Board. By born He is from Mineola, New York, United States. 68, M.B.A. 70, chairman of Capital Research and Management Company; Robert E. Rubin, A.B. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. Mills now serves as a senior fellow at both the Harvard Business School and the Harvard Kennedy Schools Mossavar-Rahmani Center for Business and Government, focusing her attention on U.S. competitiveness, entrepreneurship, and innovation. 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. The consent submitted will only be used for data processing originating from this website. He was named president and chief operating officer in 1977, and by the end of 2011, Chenault had been named CEO of American Express. Former Guest Relations at Royal Caribbean CruisesPriscilla. In 1988, Chenault joined the personal card division as executive vice president; and, from 1990 to 1993, he was president of the consumer card and financial services group. Occupation(s): Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Currently, he serves as the chairman and managing director of General Catalyst since January 2018. You have entered an incorrect email address! "Kathryn Chenault has also had an active role for several years in supporting the Harlem Children's Zone, a non-profit, community-based organization working to enhance the quality of education and life for children and their families in Harlem. Kenneth net worth has been growing significantly his income mostly comes from being a successful business executive he received total compensation of 90 million as the CEO of America Express. Kenneth Chenault: Corporate CEO Cnn.com In-depth, Black History Month Harvard is again fortunate to be able to turn to two such accomplished and dedicated graduates to help guide the Universitys affairs and help all of us envision and embrace the possibilities ahead.. Additionally, he is an active board member at Airbnb and Berkshire Hathaway where he replaced Bill Gates. He worked at the corporation Strategic Planning Group for sixteen years Chenault was promoted to president and chief operating officer. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble. Chenault and his wife, Kathryn, live in New York, and have two sons. Chenault stepped down as chairman of American Express in February 2018, and was succeeded by Stephen J. Squeri. She currently serves on the Academic Affairs Committee, the Committee on Trusteeship, and the Board of Overseers for the School of Dental Medicine." To get more information scroll the following table. Continue with Recommended Cookies. Are you a follower of Kenneth Chenault? Omissions? The name of his home town is Mineola, New York, United States. 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. Born in Wellesley, Mass., Mills now lives in Brunswick, Maine, with her husband, Barry Mills, president of Bowdoin College since 2001. Though it is impossible to get the exact information about salary and assets. A former member of the governing boards Joint Committee on Inspection, she is also past chair of the Committee to Visit Harvard Business School, as well as a past member of the visiting committees for the then-Division of Engineering and Applied Sciences, for the Department of Chemistry and Chemical Biology, and for Information Technology. Hasty's Man of the Year Neil Patrick Harris (center) toured the Hasty Pudding Institute on Winthrop Street. ins.style.width = '100%'; Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. A small donation would help us keep this available to all. He has American citizenship. 64, Pehong Chen Distinguished Professor Emerita of Electrical Engineering and Computer Science, University of California, Berkeley; Nannerl O. Keohane, LL.D. We recommend you to check the complete list of Famous People born on 2 June. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. As a firm with more than 100 years of history, American Express risked relying too heavily on its past success and was slow to engage its competitors, but Chenault implemented strategies that revived the firm in an era of cutthroat competition among credit- and charge-card issuers. He amassed such a large fortune as a result of his successful career as a business executive. We will update Kenneth Chenault's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. 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. var ins = document.createElement('ins'); Kenneth Chenaults income source is mostly from being a successful . 14 August 1950 years 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. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. He was succeeded by Stephen J. Squeri. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. window.ezoSTPixelAdd(slotId, 'adsensetype', 1); Together they are the parents of two children, Kevin Chenault, and Kenneth Jr. Chenault. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. Chenault is the longtime chairman and chief executive officer of American Express Company. (February 2002), 01, co-chairman of the Council on Foreign Relations and former U.S. Secretary of the Treasury; and Theodore V. Wells Jr., J.D. Kenneth is a Kenneth values education he attended the Waldorf School of Garden City he also served as a senior class president. Later, he attended Bowdoin College, where he earned his B.A. Chenault was named to the NCAA board of governors in 2019, part of the initial class of independent governors. The 55-year-old died unexpectedly during a flight from Tokyo to New York two years ago. THE DIGITAL REPOSITORY FOR THE BLACK EXPERIENCE. JERSEY CITY, N.J. | New Jersey City University (NJCU) has announced that Kathryn and Kenneth Chenault have gifted $100,000 to the university to establish an endowed scholarship fund. He is a member of famous with the age 71 years old group. Leaving Springfield before completing his degree, Chenault transferred to Bowdoin College in Maine, earning a B.A. He went on to Bowdoin College, where he received his B.A. Therefore, Chenault is 70 years old. They write new content and verify and edit content received from contributors. The lovely couple has been in marriage since they tied their knot in 1977, in the United States of America. container.style.maxWidth = container.style.minWidth + 'px'; Chenault was born in Mineola, New York, Nassau County, the son of a dentist and dental hygienist. The largest trade Kenneth's ever made was exercising 960,000 units of Airbnb He attended Waldorf School, where he was the senior class president. After overseeing various initiatives that helped restore investors confidence, Chenault announced in 2017 that he was stepping down as CEO. He is considered an inspiration for the upcoming young businessmen and entrepreneurs. He is the third African-American to occupy the role of CEO at a Fortune 500 company. Previously, she was a founding partner and managing director of Solera Capital, a New York-based venture capital firm. His net worth has been growing significantly in 2021-2022. After joining American Express in 1981 as the director of strategic planning, Chenault quickly moved up the companys corporate ladder being promoted to vice president of Merchandise Services in 1983, executive vice president and general manager of the platinum/gold card division in 1986, president of AmEx Consumer Card and Financial Services groups in 1990, vice chairman of AmEx in 1995, president and chief operating officer in 1997, and AmEx CEO and chairman in 2001, a position he still holds today. He holds American nationality but belongs to the African- American ethnicity. In the same year, he stepped down from the board of IBM and Procter & Gamble. His height is 1.72 m tall, and his weight is 81 kg. In 2014, he was appointed President of Harvard Corporation. Advertising at Grupo Dirios Associados.2. container.appendChild(ins); var alS = 1021 % 1000; WebIn 1977, Chenault married Kathryn Chenault. If you Google the current Kenneth Chenault Net Worth according to Forbes, you would be presented with a host of results that might confuse you. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Photos by Jon Chase/Harvard Staff Photographer; Melanie Rieders, Level of cannabis use could determine post-op outcomes, Historian says Fla. dispute shows why AP class in African American studies is needed, Why Church Committee alums urged new House panel to avoid partisanship, Kenneth Chenault and Karen Gordon Mills to join Harvard Corporation, One small step toward understanding gravity, Nothing that is not there and the nothing that is. Kenneth Chenaults net worthis estimated to be more than $120 million as of June 2024. In 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. Kenneth Chenault (Full Name: Kenneth Irvine Chenault) is an American successful business executive known for working as the CEO and Chairperson at American Express from 2001 to February 1, 2018. 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. One of his challenges as a CEO he faced is guiding the company through a recovery from the September attacks the American Express lost 11 employees it also suffered damage to its headquarters. 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. Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. He also serves on the executive committee of the Business Roundtable, as a member of the Business Council, and on the boards of both IBM and The Procter & Gamble Company. 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. In addition, he joined the boards of a number of companies. He has also received honorary degrees from several universities and awards from a wide The Harvard community represents a wide range of perspectives, beliefs, and fields of endeavor, while also remaining grounded in common core values. Oxford African American Studies Center, http://www.oxfordaasc.com; 76, M.P.P. His athletic ability earned him an athletic scholarship to Springfield College in Springfield, Massachusetts. Leading the tour were Chaffee Duckers '16 (left) and Robert Fitzpatrick '16. In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. 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. Chenault was inducted into the Junior Achievement United States Business Hall of Fame in 2002. Kenneth Chenault has served for more than a decade as the highly regarded chairman and chief executive officer of American Express Company. Other than their mansion on Long Island they own several homes in different cities including New Rochelle. Former Sales Executive at Reachlocal Brazil.4. Chenault has served on the board of directors of Facebook since February 2018. 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. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. The value of weight can be changed anytime. It was thereby enabled to receive emergency financing through the Troubled Assets Relief Program (TARP)a program created under the Emergency Economic Stabilization Act of 2008 that allowed the Treasury secretary to purchase troubled assets from banks in order to restore stability and liquidity to U.S. credit markets. Chenault, his wife, and their grown children happily live in New York City. Sign up for daily emails to get the latest Harvardnews. With that in mind, it is an honor to take on this important role, Mills said. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. In the below section you will get the details of Kenneth Irvine Chenaults height, age, affairs, net worth, and much more information. 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. In 2007, he joined the Business Roundtables Executive Committee and the Council on Foreign Relations. 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. He is a man of average stature. Amancio Ortega is a renowned Spanish Businessman. In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. In 2016, Chenault earned a total compensation of $22 million. He became CEO of American Express in 2001. Chenault also amassed a sizable fortune by serving on the boards of several multinational corporations, including Facebook, IBM, Procter & Gamble, Berkshire Hathaway, and many others. Todays date 1st March 2023 having been born on 2 June who served as CEO chairman. 2 ], https: //www.sourcewatch.org/index.php? title=Kathryn_C._Chenault & oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike 2014 he... Rogers & Wells @ harvard.edu left being the chairman of American Express Company after serving there 37! Was born on June 2, 1951, in Mineola, New,... Try to give you an idea of his successful career as a consultant for Bain & Company 1979. Appointed president of Harvard Corporation members complete list of Famous with the age 71 years as! 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